by AIP Online Bureau | May 12, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
L to R-Sanjay Lohiya,special secretary, Department of Financial Services(DFS), M. Nagaraju,secretary, DFS, officials from Vedanta Sterlite and Balram Chini Mills, Girija Subramanian,CMD, New India Assurance, Kasturi Sengupta, secretary general, GI Council, Hitesh...
by AIP Online Bureau | May 11, 2026 | Indian News, Non-Life, Reinsurance
“ We have an excellent financial results during FY 26. The profit after tax improved by 40 per cent for the year and 61 per cent for the 4th quarter. The Indian business grew faster than the industry, and the company’s market share increased from...
by AIP Online Bureau | May 11, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
The BNP, that cover all maritime risks like Hull and Machinery, Cargo, P&I and War risk, will have a sovereign guarantee of Rs 12.980 crore which was approved by the government on Apr 18. New Delhi:The Indian government is launching its first ever $100 million...
by AIP Online Bureau | May 9, 2026 | Indian News, Non-Life
In the first case, the accused entered into a criminal conspiracy between 2002 and 2003, submitting forged documents on behalf of Vadodara-based M/s Sonu Communications to claim Rs 11.52 lakh, while in the second instance, they used a similar ruse for M/s M.D. Patel...
by AIP Online Bureau | May 9, 2026 | Articles, Banking & Bancassurance, Eco/Invest/Demography, Non-Life, Pension & Social Security, Policy, Risk Management
New India Assurance(NIA) has established tie-ups with 316 banks,actively servicing around 8 crore account holders under the scheme in the financial year 2025-26 alone. This massive outreach has resulted in a total underwritten premium of approximately Rs.158 crores...