by AIP Online Bureau | May 3, 2022 | Indian News, Non-Life
In a move, indicating possibilty of a future merger, the four general insurers have decided to appoint a common consultant for which GIPSA – the coordinating body for the PSU general insurers, has called for Request for Proposal (RFP) from eligible entities to...
by AIP Online Bureau | May 3, 2022 | Indian News, Life, Wealth Management/ Philanthropy
With Rs 6 lakh cr market cap on a PAT of Rs 3,000 crore makes a PE ratio of 200x. In our view PE ratio is not comparable with private players as LIC’s distribution policy is now changed and higher allocation towards shareholders account in upcoming future to...
by AIP Online Bureau | May 2, 2022 | International News, Non-Life, Reinsurance
Warren Buffett Buffett, 91, has run Berkshire since 1965 Shareholders supported letting Buffett keep both the chairman and chief executive roles by a nearly 6-to-1 margin, Berkshire said at its annual meeting in Omaha, Nebraska Berkshire Hathaway Inc. shareholders on...
by AIP Online Bureau | May 2, 2022 | Indian News, Life, Non-Life, Policy
Inderjeet Singh, general manger, New India Assurance(NIA), has gone to Delhi HC on the issue of appointment of Satyajit Tripathy (who is currently CMD, United India Insurance (UII)) by the government on the basis of recommendation of the Banks Board Bureau(BBB)...
by AIP Online Bureau | May 2, 2022 | International News, Regulation, Technology
“We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple’s devices,” EU antitrust chief Margrethe Vestager said in a statement BRUSSELS: Apple faces a possible hefty...
