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Govt may introduce insurance laws amendment bill in Budget session

by AIP Online Bureau | Jul 14, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance

Some of the provisions, which could be part of the amendment bill, include composite license, differential capital, reduction in solvency norms, issuing captive license, change in investment regulations, one-time registration for intermediaries and allowing insurers...
Surrogate mothers also have right to avail maternity leave Orissa HC

Surrogate mothers also have right to avail maternity leave Orissa HC

by AIP Online Bureau | Jul 5, 2024 | Indian News, Policy, Workplace/Employee Benefits

The court ruled that maternity leave should be granted to the employees who become mothers through surrogacy to ensure equal treatment and support for all new mothers, irrespective of how they become parents Bhubaneswar: Orissa High Court has recently ruled that...

Government working on aggregation of CA firms, accounting standards for insurance sector

by AIP Online Bureau | Jul 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Apart from the aggregation of CA (Chartered Accountants) firms, the corporate affairs ministry is also working on having accounting standards for the insurance sector and Limited Liability Partnerships (LLPs), Corporate Affairs Secretary Manoj Govil said New Delhi:...
Girija Subramanian takes over as CMD of New India Assurance

Girija Subramanian takes over as CMD of New India Assurance

by AIP Online Bureau | Jun 19, 2024 | Indian News, Non-Life, Policy

Girija Subramanian, CMD, New India Assurance This is also for the first time a serving CMD of a state owned insurance company had appeared for the interview for selecting a CMD of another PSU insurer New Delhi: Girija Subramanian, 58, CMD, Agriculture Insurance...
Govt to ensure ease of living for all citizens: FM Sitharaman

Govt to ensure ease of living for all citizens: FM Sitharaman

by AIP Online Bureau | Jun 12, 2024 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman, Union Finance Minister She also stated that the reforms undertaken since 2014 will continue, which will further provide macroeconomic stability and growth for India. She also highlighted India’s commendable growth story in recent years amidst...
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