by AIP Online Bureau | Aug 27, 2025 | Breaking News!, Eco/Invest/Demography, International News, Non-Life, Reinsurance
James Shea, CEO of Sompo P&C, said “Strategic acquisitions have been a key part of our growth plan to build a robust and diversified global P&C platform, and Aspen represents an excellent opportunity at the right time in the market cycle. We look forward to...
by AIP Online Bureau | May 14, 2025 | Health, Indian News, Intermediaries, Regulation
Nayan Shah, managing director, Paramount TPA said, “The IRDAI has granted in-principle approval to both the parties to process with transaction. There will be no impact on day- to- day operation and servicing. All operation, team service , structure , system and...
by AIP Online Bureau | Jun 28, 2023 | Indian News, Life, Regulation
In April, the Reserve Bank allowed HDFC Bank or HDFC to increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent before the effective date of the merger Mumbai: Mortgage financier HDFC Ltd on Tuesday picked up...
by AIP Online Bureau | Jun 28, 2023 | Banking & Bancassurance, Indian News, Regulation
There is uncertainty whether HDFC’s bonds will be classified under housing and infrastructure after the merger, and we are awaiting clarification from regulators, Arun Srinivasan, head of fixed income at ICICI Prudential Life Insurance, told Reuters. “In...
by AIP Online Bureau | Apr 22, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
HDFC Bank or HDFC can increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to the effective date of the merger Mumbai: In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself,...
