by AIP Online Bureau | Oct 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Sanjay Lohiya,secretary, Department of Financial Services , also asked banks to enrol all new beneficiaries of PMJJBY & PMSBY through the Jan Suraksha portal as the portal will be integrated with all banks and insurers thereby enhancing the quality of data and...
by AIP Online Bureau | Jun 14, 2026 | Indian News, Non-Life
The final conclusion of SIT formed by Assam police confirms that the insured motorcycle was implanted to the incident to extract compensation by fraudulent means, which exposed a highly organized manipulation of accident records. Mumbai:In a significant development,...
by AIP Online Bureau | May 19, 2026 | Indian News, Non-Life, Reinsurance
The company informed stock exchanges that the interim payment was received against an insurance claim of Rs344.49 crore filed in connection with the fire that broke out in the early hours of October 10, 2025, at around 2.30 am.Godfrey Phillips said the actual loss...
by AIP Online Bureau | May 9, 2026 | Indian News, Non-Life
In the first case, the accused entered into a criminal conspiracy between 2002 and 2003, submitting forged documents on behalf of Vadodara-based M/s Sonu Communications to claim Rs 11.52 lakh, while in the second instance, they used a similar ruse for M/s M.D. Patel...
by AIP Online Bureau | Apr 30, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The vast majority of the $2.8 billion will be absorbed by the reinsurance and retrocession markets. While some market participants initially anticipated the full $3 billion limit of the International Group’s reinsurance tower could be called upon, statutory...