by AIP Online Bureau | Apr 30, 2022 | Indian News, Non-Life
As per the case registered by the CBI in January 2003 on a complaint from NIACL’s Mumbai office, the accused, in conspiracy with the private persons and surveyors, had issued open marine policies in the name of a non-existing firm called Falcon Industries,...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Indian News
The committee feels that one of the options to ensure uniformity and efficiency in the administration of the combi product through the use of technology is to develop a common technological platform with the involvement of the Life Insurance Counciland the General...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Indian News, Life, Policy
Under the Sebi’s minimum public shareholding norms, listed entities with a valuation of over one lakh crore need to have at least 25 per cent public shareholding within 5 years of listing. The government had last year exempted public sector entities from this...
by AIP Online Bureau | Apr 29, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
More than the embedded value one should look at the value for new business (VNB) going forward, and it should reach 12-13 in the future, LIC Chairman MR Kumar said VNB margin is what investors would be looking at and it is 9 for LIC at present, he said. New Delhi: LIC...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Health, Pandemic, Policy
The output losses for individual years have been worked out to Rs 19.1 lakh crore, Rs 17.1 lakh crore and Rs 16.4 lakh crore for 2020-21, 2021-22 and 2022-23, respectively Mumbai: The Indian economy is likely to take over 12 years to overcome the COVID-19 losses,...
