by AIP Online Bureau | Jul 23, 2025 | Indian News, Life, Regulation
Wilf Blackburn, ex-regional CEO of Prudential Asia, is proposed to chair the proposed venture, while Nikhil Verma, former deputy CEO of Aviva Vietnam, is proposed to lead as CEO Mumbai: Domestic brokerage Angel One on Wednesday announced a plan to partner...
by AIP Online Bureau | Jun 30, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life
Generali will be holding a 74% stake while Central Bank of India will be holding up to 26% in the joint venture Jaime Anchústegui, deputy CEO, Insurance, Generali Group, commented: “We are pleased to announce this new chapter for our business in India together with...
by AIP Online Bureau | Mar 17, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance
Allianz, which had invested just Rs 174 crore in both the JVs way back in 2001 , is expected to start new insurance new companies in India soon either by partnering with another Indian company or with full ownership after the government allows 100 per cent FDI in the...
by AIP Online Bureau | Nov 27, 2024 | Health, Indian News, Policy
According to sources in the insurance industry, LIC’s choice of Manipal Cigna is purely on the basis of cheaper valuation among the old stand alone health insurance companies New Delhi: Life insurance behemoth Life Insurance Corporation (LIC) is considering...
by AIP Online Bureau | Nov 15, 2024 | Indian News, Non-Life
Alok Agarwal, MD&CEO- designate, Zurich Kotak General Insurance Agarwal , who started his career with Reliance Industries in 1989 , is an old hand in the Indian general insurance industry and has spent over 22 years in ICICI Lombard General Insurance Mumbai:...