by AIP Online Bureau | Dec 19, 2025 | Indian News, Life, Policy, Regulation
The Bill provides a framework for greater operational agility and innovation, allowing insurers to design and distribute targeted products that cater to evolving insurance needs, including retirement security, longevity solutions, and health-linked protection,LIC CEO...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the Central Government...
by AIP Online Bureau | Dec 17, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
Nirmala Sitharaman,Finance Minister The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha Finance Minister Nirmala Sitharaman cited data saying jobs in the...
by AIP Online Bureau | Dec 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Replying to a question in the Rajya Sabha on whether the government has plans to disinvest four PSBs or to merge with larger banks by 2026, Minister of State for Finance, Pankaj Chaudhary, said: “Presently, no proposal on merger or disinvestment of Public Sector...
by AIP Online Bureau | Nov 30, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
As per the list of Bills circulated with the members of Parliament for the upcoming session, the government proposes to introduce The Insurance Laws (Amendment) Bill, 2025, to raise the FDI limit in the insurance sector to 100 per cent, from 74 per cent, as part of...
