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IRDA issues alerts on fraud company selling insurance policies “Digital National Motor Insurance”

by AIP Online Bureau | Feb 11, 2021 | Indian News, Non-Life, Regulation

  Hyderabad: The IRDAI on Thursday said It has been brought to its notice that an entity by the name of “DIGITAL NATIONAL MOTOR INSURANCE” operating from #DNMI co. ltd. Portal Office, Krishna Raja Puram, Insurance Info Building, Devasandra, Bangalore...

GIC Re records a net profit of Rs 987 cr in Q3 FY21, cautiously grows its prm to Rs 11,668 cr

by AIP Online Bureau | Feb 11, 2021 | Indian News, Non-Life, Reinsurance

  Mumbai, Feb 11: Despite Covid-19 pandemic disruptions, with all round profit-centric moves, GIC Re, the country’s sole PSU reinsurer, at Rs 987.42 , has returned to the path of profitability in the quarter ending in Dec 2020  as compared to a loss of...

ICICI Lombard launches “Corporate India Risk Index”

by AIP Online Bureau | Feb 11, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

  Mumbai, Feb 11: ICICI Lombard General Insurance, the largest private sector general insurance company, has launched the ‘Corporate India Risk Index’ in collaboration with Frost and Sullivan, a leading management consulting firm to develop the risk...

Road to fighting climate change is through climate justice: PM Modi

by AIP Online Bureau | Feb 11, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Prime Minister Narendra Modi on Wednesday said the road to fighting climate change is through climate justice and called for giving developing countries enough space to grow. Addressing the World Sustainable Development Summit (WSDS), Modi said two...

Satishwar Balakrishnan elevated as MD &CEO of Aegon Life Insurance

by AIP Online Bureau | Feb 11, 2021 | Indian News, Life, Technology

Satishwar Balakrishnan, MD & CEO, Aegon Life Mumbai: Aegon Life Insurance, digital-only life insurance company, elevated Satishwar Balakrishnan to be the managing director & chief executive officer (MD & CEO). Satishwar, who joined the company in July...
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