by AIP Online Bureau | Jul 23, 2023 | Data, Eco/Invest/Demography
These PACS will be able to provide all the services listed on the Digital Seva Portal of CSC scheme to citizens, including banking, insurance, Aadhaar enrolment/update, legal services, agri-inputs like farm equipment, PAN card, IRCTC, rail, bus, and air ticket-related...
by AIP Online Bureau | Jul 20, 2023 | Indian News, Life, Non-Life, Technology
The group aspires to foray into non-lending financial businesses like life/ general insurance and AMC where it can even take the inorganic route and benefit from recent regulatory change that allows banks to have up to nine insurance partners. Mumbai: Jio Financial...
by AIP Online Bureau | Jul 19, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Matt Popoli, global head of Bain Capital Insurance, told Reuters that the new capital pool, Bain Capital Insurance Fund, would give his 20-strong team the ammunition to back middle-market insurance firms overlooked by others Focused on North America and Europe, the...
by AIP Online Bureau | Jul 17, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The losses due to the ongoing floods in the north is the range of Rs 10,000-15,000 crore as the calamity has severely hit Himachal Pradesh, Uttarakhand, Punjab, Uttar Pradesh, Rajasthan, J&K and Delhi. Himachal alone would have lost Rs 3,000-4,000 crore by way of...
by AIP Online Bureau | Jul 17, 2023 | Indian News, Non-Life
Passengers booking their train tickets on the IRCTC portal are now automatically provided insurance cover for Rs 10 lakh, a senior insurance industry official told IANS The policy covers death/disabilities/medical expenses due to a train accident during the travel....