by AIP Online Bureau | Apr 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The Bharat Marine Pool will be managed by GIC Re which along with New India Assurance will be contributing the maximum capacity to the pool New Delhi:Looking beyond the ongoing West Asia crisis, which has severely paralysed global maritime trade and as a permanent...
by AIP Online Bureau | Apr 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
India is planning to provide a guarantee of about 90 per cent on loans up to ₹100 crore ($10.75 million) to lenders in case borrowers default in the aftermath of the crisis in West Asia, both the sources said. New Delhi:The government plans to roll out sovereign...
by AIP Online Bureau | Mar 27, 2026 | Indian News, Non-Life, Policy
OIC poised to introduce forward-looking solutions like Sarvatra Suraksha Parametric Insurance Policy, Nil Depreciation Comprehensive Policies, including long-term variants and Surety Bond Insurance, aligning with evolving risk landscapes and national priorities. New...
by AIP Online Bureau | Mar 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price. New Delhi:The government may consider selling...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy
Rajesh Agrawal,Commerce Secretary The scheme focuses on mitigating the sharp rise in logistics costs and insurance premiums for shipments heading to the Gulf and West Asia.The support is divided into three distinct components to address different segments of the...
