by AIP Online Bureau | May 31, 2023 | Life
Kotak Mahindra Life Insurance Company (Kotak Life) has announced a bonus of Rs 840 crore to more than 6.5 lakh eligible participating policyholders for FY 2023. This is an increase of 24% over the bonus declared for FY 2022. Mahesh Balasubramanian, Managing Director,...
by AIP Online Bureau | May 25, 2023 | Briefs, Life
Max Life Insurance Company Ltd has announced its highest- ever participating (PAR) bonus of Rs. 1,604 Cr. for its approximately eligible 21 lakhs eligible participating policyholders in FY22-23. This is the Company’s 21 st consecutive annual bonus; 8% higher...
by AIP Online Bureau | May 16, 2023 | Indian News, Life
Out of the total amount of Rs 3,660 crore, Rs 2,696 crore will be payable to policies in this financial year, as bonus on maturing policies or as cash bonuses. The remaining bonus amount would be payable in the future upon policy cessation by way of maturity, death...
by AIP Online Bureau | May 1, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Workplace/Employee Benefits
C-suite managers at companies with more than 1,000 employees will be held personally responsible if trajectories for emissions cuts don’t align with the objective of limiting global warming to 1.5C, according to the current text of the Corporate Sustainability Due...
by AIP Online Bureau | Apr 26, 2023 | Indian News, Life, Wealth Management/ Philanthropy
As many as 11.43 lakh participating policyholders out of its total of 3.5 million policyholders will benefit from the announcement, it added. Mumbai: Bajaj Allianz Life on Wednesday said it has declared a bonus of Rs 1,201 crore to participating policyholders for the...
