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TCS expands 15-yr strategic partnership with UK’s Aviva, to service over 5.5 million policies

TCS expands 15-yr strategic partnership with UK’s Aviva, to service over 5.5 million policies

by AIP Online Bureau | Feb 8, 2024 | International News, Life, Pension & Social Security, Technology, Wealth Management/ Philanthropy

Doug Brown, CEO Insurance, Wealth & Retirement, Aviva said,“Extending this strategic partnership will improve how we serve our customers, further simplify our operations and support our growth ambitions. It will allow us to rationalize our systems and improve...
RBI leaves key rates unchanged as inflation remains above 4%

RBI leaves key rates unchanged as inflation remains above 4%

by AIP Online Bureau | Feb 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Monetary policy must continue to be actively disinflationary, RBI Governor Shaktikanta Das said in his statement MUMBAI: India’s key rate was left unchanged for a sixth straight meeting on Thursday, as inflation remained above the central bank’s 4%...
Crypto ransom attack payments hit record $1 billion in 2023 – Chainalysis

Crypto ransom attack payments hit record $1 billion in 2023 – Chainalysis

by AIP Online Bureau | Feb 7, 2024 | Eco/Invest/Demography, International News, Technology

A report in November showed that cybercrime group “Black Basta” had extorted at least $107 million in bitcoin, with much of the laundered ransom payments making their way to the sanctioned Russian cryptocurrency exchange Garantex Payments from...
GIC Re net profit jumps 27% to Rs1,518 crore in Oct-Dec Qtr, further reduces loss making Crop biz

GIC Re net profit jumps 27% to Rs1,518 crore in Oct-Dec Qtr, further reduces loss making Crop biz

by AIP Online Bureau | Feb 7, 2024 | Indian News, Non-Life, Reinsurance

`Our results during the quarter are more or less as per expectations. Domestic premium this quarter has come down due to our decreasing agricultural business. Combined ratios have gone up in domestic due to two natural catastrophic events in the quarter,” said N...
PM Modi tears into Congress for ‘spreading lies’ on LIC, PSUs

PM Modi tears into Congress for ‘spreading lies’ on LIC, PSUs

by AIP Online Bureau | Feb 7, 2024 | Indian News, Policy

Prime Minister Narendra Modi People’s confidence is improving in PSU shares, the Prime Minister said, as he shared some key facts and inputs in the Upper House to buttress his views that LIC and HAL are making progress in what contradicts the claims of the opposition...
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