by AIP Online Bureau | May 25, 2023 | Indian News, Non-Life, Reinsurance
Devesh Srivastava, CMD, GIC Re GIC Re’s record net profit has been possible as the third largest Asian reinsurer has a combined ratio of 89.16 per cent and an underwriting profit of Rs 889.77 crore along with a higher investment income of Rs 3,667.16 during the...
by AIP Online Bureau | May 25, 2023 | Indian News, Life, Wealth Management/ Philanthropy
The surge in annual profit in FY23 was helped by a jump in the second quarter bottomline to Rs 15,952 crore. It was due to a transfer of Rs 15.03 lakh crore to shareholders’ accounts at the end of September Mumbai: Shares of LIC on Thursday ended nearly 2 per...
by AIP Online Bureau | May 25, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | May 25, 2023 | Indian News, Life, Non-Life, Regulation
Debasish Panda,Chairman,IRDAI ”We are working with the councils of both life and general insurance to have a UPI-like moment for the insurance sector. A conceptual framework has been contemplated,” he said, adding that this is being proposed through the...
by AIP Online Bureau | May 25, 2023 | Health, Indian News, Policy, Regulation
According to the proposed amendments to the Rules, the display of tobacco products or their use in online curated content will not be extended to the display of brands of cigarettes or other tobacco products. New Delhi: OTT platforms may soon be mandated to display...
