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EV fire incidents will be probed; industry bound to grow beyond our imagination: Transport Secy

by AIP Online Bureau | May 1, 2022 | Indian News, Non-Life, Technology

Recently, Road Transport and Highways Minister Nitin Gadkari, who is known for his frank views, had said the companies found negligent will be penalized and a recall of all defective vehicles will be ordered after the expert panel submits its report. New Delhi: Amid...

Go Digit clocks Rs 5,000 cr premium in FY22 on strong growth in motor, health insurance

by AIP Online Bureau | May 1, 2022 | Indian News, Non-Life

Further, the company settled over 6.79 lakh claims worth Rs 2,186 crore during the year. Digit said it has insured over 3.85 lakh electric vehicles in the fiscal ended March 2022 and insured nearly 40,000 corporates under its group health business. Also, as many as 10...
Supply chains continue to face hurdles, global economy faces recovery challenges

Supply chains continue to face hurdles, global economy faces recovery challenges

by AIP Online Bureau | May 1, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Swiss company has developed its own disruption indicator called Seaexplorer. At its peak the end of February, the measure showed about 17 million container waiting days — essentially cargo that’s bogged down in congestion globally Global supply chains are knotting...
LIC keen to retain some stake in IDBI Bank for bancassurance gains: Chairman

LIC keen to retain some stake in IDBI Bank for bancassurance gains: Chairman

by AIP Online Bureau | May 1, 2022 | Banking & Bancassurance, Indian News, Life

MR Kumar , chairman,, LIC “Strictly speaking, we are below the threshold limit of management control but then, what government really means is that management control is to be given in such a way that a private entity picks up and runs the bank, and government in the...
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