by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Indian News, Policy
Inclusion of candidates from the private sector is a departure from the set procedure, and this is the first time that the Financial Services Institutions Bureau (FSIB) would consider them for selection for more than half a dozen vacancies of EDs expected to be...
by AIP Online Bureau | Dec 8, 2025 | Indian News, Non-Life, Policy, Reinsurance
Some of the names who are belived to have applied for the post of GIC Re CMD include, Rajeev Singh, Head Reinsurance and corporate marketing, Digit Insurance, promoted by Prem Watsa and Kamesh Goyal. and Mandakini Balodhi, one of directors in Department of Financial...
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...