by AIP Online Bureau | Aug 3, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Recomputing the compensation under various heads, including future earnings, attendant charges, pain and suffering, loss of amenities and future prospects, the Supreme Court enhanced the compensation to Rs 83.38 lakh with interest at 9 per cent per annum from the date...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
Life Insurance Corporation of India (LIC), the single largest shareholder in NSE, holding a 10.72 per cent stake, will not offload any shares. GIC Re (1.07 crore shares), The New India Assurance Company (1.05 crore shares), National Insurance Company (0.60 crore...
by AIP Online Bureau | May 28, 2026 | Indian News, Non-Life
Lavanya Mundayur, CMD, Agriculture Insurance Company The FSIB had interviewed six candidates on Thursday and chose Mundayur for the post of NIA CMD. New Delhi:The Financial Services Institutions Bureau(FSIB), on Thursday, has selected Lavanya Mundayur, 57,CMD,...
by AIP Online Bureau | May 25, 2026 | Briefs, Life, Non-Life
Sanjay Lohiya, who will become the new secretary, Department of Financial Services from June 1, has replaced Shalini Pandit as the Government nominee director on the board of Life Insurance Corporation of India (LIC) on May 13.Hari Har Mishra, additional secretary,...
by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Girija Subramanian, CMD, NIA, explained that while seamless digital services might work for educated customers in major cities, a “human value chain” is still required to sell products in Tier 2 and Tier 3 cities, as well as rural areas. The goal is to...
