by AIP Online Bureau | Jun 8, 2023 | Indian News, Non-Life, Regulation
”Apart from MSME sellers, buyers and financiers, insurance companies are permitted to participate as ”fourth participant” in TReDS,” it said in a circular Financiers place their bids on the TReDS platforms keeping in view the credit rating of...
by AIP Online Bureau | Jun 4, 2023 | Indian News, Life, Non-Life, Policy
The department of financial services(DFS) has asked the General Insurance Council, the official representative body of general insurers, and Life Insurance Council, the official representative life insurers, to collect data from their members about their exposures to...
by AIP Online Bureau | May 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
“These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies,” a spokesperson for GFANZ, a United Nations-backed coalition of financial...
by AIP Online Bureau | Apr 24, 2023 | Indian News, Life, Non-Life
Tax authorities estimate that 16 insurance companies in all owe the government about Rs 50 billion rupees ($610 million) in unpaid taxes, interest and penalties since July 2017, when India implemented goods and services tax (GST), two sources said NEW DELHI:...
by AIP Online Bureau | Mar 28, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life
“Insurance companies have been one of the key investors in long-maturity bonds,As the penetration and reach of distribution channels increase, we expect that the growth in the sales of the traditional products to continue to grow, and consequently the demand for...
