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MHA adopts modified policy for appointment on compassionate ground

by AIP Online Bureau | Jul 12, 2022 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits

“ A holistic assessment of the financial condition of the family has to be made taking into consideration factors like presence of earning member(s), size of family, age of children and the financial needs of a family,” the guidelines said New Delhi: The Union Home...

2 life insurers in bancassurance partnership with City Union Bank

by AIP Online Bureau | Jul 12, 2022 | Briefs, Life

Bajaj Allianz Life Insurance and Tata AIA Life Insurance have entered into a strategic partnership with City Union Bank, one of the oldest private sector banks in India, to offer their wide array of life insurance solutions to the bank’s existing and future customers,...
SpiceJet’s Dubai-Madurai flight delayed after aircraft’s nose wheel malfunctioned

SpiceJet’s Dubai-Madurai flight delayed after aircraft’s nose wheel malfunctioned

by AIP Online Bureau | Jul 12, 2022 | Indian News, Non-Life, Reinsurance, Risk Management

This is reportedly the ninth technical malfunction in a SpiceJet aircraft in the last 24 days. This comes after, DGCA on Wednesday (July 6) issued a show-cause notice to SpiceJet after eight technical malfunctions in its aircrafts since June 19. The aviation...

Chainproof launches as the World’s first regulated smart contract insurance provider

by AIP Online Bureau | Jul 12, 2022 | International News, Non-Life, Reinsurance, Technology

By combining forces with SOMPO and Munich Re, global leaders in (re)insurance, Chainproof is positioned to become the world’s leading regulated smart contract insurance provider Chainproof plans to offer licensed, institutional-grade insurance coverage for...
Bhaskar gets additional power of NIA CMD

Bhaskar gets additional power of NIA CMD

by AIP Online Bureau | Jul 12, 2022 | Indian News, Non-Life, Policy

Madhulika Bhaskar, general manager, New India Assurance `The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for entrusting financial and administrative powers andfunctions of the post of...
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