by AIP Online Bureau | Mar 30, 2020 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management
Hyderabad: Terming any Capital Gearing treaties in various forms including Quota Share Reinsurance Treaty. are of the nature of financial arrangements and not primarily a risk transfer mechanism,the IRDAI has banned any such fresh treaties by any...
by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Hyderabad: In order to meet the challenges on account of the developing situation owing to COVID-19, the Insurance Regulatory and Development Authority of India on Monday issued a host of instructions forthe domestic insurers. The irdai is...
by AIP Online Bureau | Mar 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Hyderabad: With S&P BSE Sensex losing more than 10,000 points in the month of March, due to the severe global impact of the caronavirs pandemic,the General insurance Council (GI Council),the official body of the domestic general insurance industry,...
by AIP Online Bureau | Mar 30, 2020 | Indian News, Non-Life
Mumbai: SBI on Monday said Australia's IAG has sold its entire 26 per cent stake in the lender's general insurance joint venture SBI General Insurance Co Ltd for USD 310 million (about Rs 2,325 crore). The stake has been sold to Premji Invest and...
by AIP Online Bureau | Mar 30, 2020 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: The government has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and to ensure welfare cash schemes that are part of a $22.6 billion government stimulus reach the poor. ...
