by AIP Online Bureau | Jul 16, 2022 | Indian News, Life, Reinsurance
For Q1-FY2023, the life insurer has registered a 31.6% growth in its Value of New Business (VNB), a measure of profitability of a life insurer. The VNB of the company stood at Rs 471 crore with a VNB margin of 31% Mumbai: ICICI Prudential Life Insurance, the fourth...
by AIP Online Bureau | Jul 16, 2022 | Briefs, Indian News, Life
PNB MetLife India Insurance Company (PNB MetLife) has announced a 12% higher bonus of Rs 594 crore for 4.95 lakh policyholders of participating products for FY22. Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “This is the highest bonus that we have ever...
by AIP Online Bureau | Jul 16, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News
Assam has witnessed two waves of floods since April 6, with the second having been devastating, affecting 90 lakh people or one-third of the state’s population, while 195 people have lost their lives and 37 people are still missing Guwahati: Centre has declared...
by AIP Online Bureau | Jul 16, 2022 | Indian News, Life, Regulation
The proposed combination pertains to the acquisition of further shareholding in Ageas Federal Life Insurance Company Limited (AFLI) by Ageas Insurance International NV (Acquirer), CCI said in a statement New Delhi: The Competition Commission of India (CCI) on Friday...
by AIP Online Bureau | Jul 16, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Pension & Social Security, Regulation
Union Labour Minister Bhupender Yadav The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers,...
