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FSIB to interview 5 candidates tom for selecting CMD of AIC

by AIP Online Bureau | Aug 7, 2024 | Indian News, Non-Life, Policy

The general managers (GMs) who have been shortlisted on the basis of seniority are – V Balkrishna and Jayshree Bala from GIC Re, Rekha  Solanki, Oriental Insurance Company, Mathew George, Managing Director and CEO of Health Insurance TPA of India...
Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

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

Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...
Concretisation of roadsides in Ghaziabad NGT issues notices to MoEF others

Concretisation of roadsides in Ghaziabad NGT issues notices to MoEF others

by AIP Online Bureau | Aug 4, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

The NGT was hearing a plea claiming “vast-scale, mindless and indiscriminate concretisation or paving, which was the biggest cause of water-logging, urban flooding and loss of biodiversity in cities and towns.” New Delhi: The National Green Tribunal has...

Missile attack by Yemen’s Houthi rebels hits container ship in first attack in 2 weeks

by AIP Online Bureau | Aug 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The killing of Haniyeh in Tehran has sparked concerns of a new escalation in the Israel-Hamas war. Already, the U.S. military says it will move a fighter jet squadron to the Middle East and keep an aircraft carrier in the region DUBAI, United Arab Emirates : A missile...
Finmin asks state-owned general insurers to focus on profitable businesses

Finmin asks state-owned general insurers to focus on profitable businesses

by AIP Online Bureau | Aug 4, 2024 | Indian News, Non-Life, Policy

Vivek Joshi,Secretary,Financial Services Oriental Insurance has earned Rs 18 crore profit in FY24 as against a loss of Rs 5,000 crore a year ago, while National Insurance Company narrowed its loss to Rs 187 crore from Rs 3,800 crore, and United India Insurance to a...
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