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Kirloskar group’s Arka Fincap receives IRDA license for corporate agency

by AIP Online Bureau | Jun 5, 2024 | Briefs, Intermediaries, Life, Non-Life, Regulation

Mumbai: Arka Fincap Limited, a NBFC and subsidiary of Kirloskar Oil Engines Limited (KOEL), has been granted license to act as a corporate agent (composite) by the Insurance Regulatory and Development Authority of India (IRDAI).Vimal Bhandari, executive vice chairman...

Investors gain Rs12 lakh crore as stock markets shrug off poll jitters

by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy

To be sure, investors say the election outcome – with Modi’s alliance winning 293 of 543 lower-house seats – is unlikely to derail this trajectory, nor is India’s broadly stable currency and attractive debt market likely to be unduly ruffled....
Gobinath Athappan to head Fairfax Asia

Gobinath Athappan to head Fairfax Asia

by AIP Online Bureau | Jun 5, 2024 | International News, Non-Life, Reinsurance

Gobinath Athappan, chairman and CEO , Fairfax Asia He will be appointed chairman of Singapore Re after regulatory approval Toronto: Fairfax Financial Holdings Limited (Fairfax) has announced that Gobinath Athappan has been appointed chairman and chief executive...
EVs for sustainability: Navigating New Challenges

EVs for sustainability: Navigating New Challenges

by AIP Online Bureau | Jun 5, 2024 | Articles, Non-Life, Reinsurance, Risk Management, Technology

ICICI Lombard’s new study highlights how Electric Vehicles are driving the future transforming motor Insurance even as choosing insurance, premium cost and claim settlement experience are paramount. Notably, consumers are willing to invest in comprehensive coverage,...
SEBI launches SaaRs thi app to understand personal finance for investors

SEBI launches SaaRs thi app to understand personal finance for investors

by AIP Online Bureau | Jun 5, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

Ananth Narayan G, Whole Time Member, said, “In today’s era, Where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information. The SaaRsthi app...
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