by AIP Online Bureau | Jan 23, 2019 | Eco/Invest/Demography, Indian News, Non-Life
: New Delhi: The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned assets in the next fiscal year, beginning April 1, two government sources with direct knowledge of budget discussions told...
by AIP Online Bureau | Jan 22, 2019 | Indian News, Life
Mumbai: The net profit of HDFC Life at Rs 913 crore, up 20 per cent, in the nine months ended in Dec 2018. The net profit was Rs 762 crore in the corresponding period of 2017-18. Total Premium of the life insurer had gone up 29 per cent from...
by AIP Online Bureau | Jan 22, 2019 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management
Chicago: Aon's Weather, Climate & Catastrophe Insight: 2018 Annual Report reveals that 394 natural catastrophe events in 2018 generated economic losses of USD225 billion. Of that total, private sector and government-sponsored insurance...
by AIP Online Bureau | Jan 22, 2019 | International News, Risk Management, Technology
Paris: France's data watchdog on Monday announced a fine of 50 million euros ($57 million) for US search giant Google, using the EU's strict General Data Protection Regulation (GDPR) for the first time. Google was handed the record fine from the CNIL...
by AIP Online Bureau | Jan 22, 2019 | Indian News, Life, Non-Life, Regulation
Hyderabad: A Working Group, constituted by the IRDAI, under Suresh Mathur, executive director, IRDAI,has recommended that the general and health insurance companies may be allowed to offer the option of payment of claims in installments or in...
