by AIP Online Bureau | Jul 21, 2025 | Indian News, Non-Life, Reinsurance
Led by Tata AIG General insurers, which had an underwriting losses of Rs 2,229 crore, 25 e private sector multiline general insurers ‘ underwriting losses have spurted by 12 per cent to Rs 12,398 crore in FY 24-25.Similarly, with Star Health at the top, the...
by AIP Online Bureau | Oct 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
Nirmala Sitharaman,Union Finance Minister When asked about prospects for private sector engagement, particularly in banking and insurance, Sitharaman responded, “Nothing stops them from coming and doing business. There are actually many private banks already in...
by AIP Online Bureau | Aug 17, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
This is for the first time, the government has advertised to hire a private sector professional as a joint secretary, Digital Economy, Fin Tech and Cyber Security along with another financial sector expert, who will also join as a joint secretary, Investment, for the...
by AIP Online Bureau | Aug 3, 2023 | Eco/Invest/Demography, Non-Life, Technology
The country is reviewing its six-decade-old atomic energy law to allow more involvement from non-state companies, union atomic energy minister Jitendra Singh said Wednesday in a written reply to questions in parliament New Delhi: India’s state-controlled nuclear power...
by AIP Online Bureau | Mar 6, 2023 | Indian News, Non-Life, Reinsurance
Twenty multiline private sector general insurers led by ICICI Lombard General Insurance, have maintained a formidable lead over the four PSU general insurers by recording a total premium of Rs 1,19,561.38 crore, a y-o-y growth of 21 per cent and have already...