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IRDAI grants license to Prem Watsa promoted Indian reinsurer Value Attics

IRDAI grants license to Prem Watsa promoted Indian reinsurer Value Attics

by AIP Online Bureau | Mar 12, 2025 | Indian News, Regulation

The IRDA has also identified Life Insurance Corporation of India, The New India Assurance Company Ltd and General Insurance Corporation of India as Domestic Systemically Important Insurers (D-SIIs) for FY 2024-25 Oben Ventures LLP (promoted by Kamesh Goyal) and FAL...

Women hold 5.8 pc of board seats across Indian unicorns: Report

by AIP Online Bureau | Mar 8, 2025 | Data, Eco/Invest/Demography, Technology

In contrast, women occupied 18.3 per cent of board seats across India Inc in 2023, while the global average stood at 23.3 per cent, as per a recent Deloitte’s ‘Women in the Boardroom: A Global Perspective’ report Bengaluru: Women constitute 5.8 per cent (76) of the...
GIC Re to set up a wholly owned subsidiary in UK

GIC Re to set up a wholly owned subsidiary in UK

by AIP Online Bureau | Feb 4, 2025 | Indian News, Non-Life, Reinsurance

GIC Re has also branch offices in London and Kuala Lumpur. In April 2018, syndicate fully capitalised by GIC Re became operational at Lloyd’s of London. GIC Re has 100% subsidiary in South Africa, Russia, United Kingdom and also associate companies in Bhutan,...
IRDAI grants license to Prem Watsa promoted Indian reinsurer Value Attics

IRDAI Board meets today, to approve Bima Sugam

by AIP Online Bureau | Mar 18, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation, Technology

Bima Sugm will be officially called as Rashtriya Bima Sugam Nigam Ltd, built with an intial corpus of Rs 200 crore and the shareholding of the company will be widely held amongst life insurers, general insurers and health insurers with no single entity having...

Number of board seats held by women in India Inc increased over past 5 years: Report

by AIP Online Bureau | Mar 8, 2024 | Data, Eco/Invest/Demography

“Boardroom diversity requires a paradigm shift. Since many companies prefer to recruit board members with CEO or CFO experience, these numbers do not paint an optimistic outlook for pipeline development. India Inc. must break from historical patterns and prioritise...
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