by AIP Online Bureau | May 14, 2025 | Health, Indian News, Intermediaries, Life, Non-Life, Regulation
It has secured regulatory approval to operate as a corporate agent and will soon begin distributing Health, Life, and General Insurance products on its platform for its customers, said Apollo HealthCo CEO Madhivanan Balakrishnan. All plans will be bundled with...
by AIP Online Bureau | May 7, 2025 | Indian News, Non-Life, Technology
Though the details of the Motor Insurance agenda is yet to be known, sources said like common empanelment of hospitals and standard rates in the Health Insurance, there will be nationwide common empanelment of garages with standard rates. Mumbai:After undertaking the...
by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
by AIP Online Bureau | Apr 30, 2025 | Eco/Invest/Demography, Indian News, Life, Regulation, Wealth Management/ Philanthropy
Insurance companies are in talks with the authorities to convert about Rs 3.5 trillion ($41 billion) worth of rates derivative contracts into bond forwards, people familiar with the matter said. Such contracts offer investors the opportunity to own the securities,...
by AIP Online Bureau | Apr 29, 2025 | Indian News, Life, Regulation, Wealth Management/ Philanthropy
Canara HSBC Life Insurance Company is a joint venture promoted by state-owned Canara Bank, which owns a 51 per cent stake, and HSBC Group’s HSBC Insurance (Asia Pacific) Holdings, which holds 26 per cent. Punjab National Bank holds the rest of stakes and will...
