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LIC expects limited impact from IRDAI’s proposed commission reforms, higher-cost insurers may face pressure: CEO

LIC expects limited impact from IRDAI’s proposed commission reforms, higher-cost insurers may face pressure: CEO

by AIP Online Bureau | Nov 6, 2026 | Eco/Invest/Demography, Indian News, Life, Regulation

R Doraiswamy,CEO and Managing Director On LIC’s growth priorities for FY2027, he said the insurer would focus on expanding individual term insurance, savings, annuity and unit-linked insurance products (ULIPs), alongside strengthening its health-related...
SEBI proposes mandatory anti-money laundering certification for principal officers of market intermediaries

SEBI proposes mandatory anti-money laundering certification for principal officers of market intermediaries

by AIP Online Bureau | Nov 6, 2026 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

The proposed requirement seeks to establish a common minimum standard of knowledge and professional competence among principal officers responsible for implementing anti-money laundering and countering the financing of terrorism (AML/CFT) regulations. New Delhi: The...
Gold ETF folios jump 2.6x in 3 yrs, outpaces large-cap funds: Report

Gold ETF folios jump 2.6x in 3 yrs, outpaces large-cap funds: Report

by AIP Online Bureau | Nov 6, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

According to the analysis, the total AUM of gold ETFs has climbed to nearly Rs 1.9 lakh crore, equivalent to almost half of the roughly Rs 4 lakh crore managed by large-cap equity funds. MUMBAI: Investors are increasingly chasing the rally in gold prices through...
Star Health settles over ₹780 crore in cancer claims in H1 FY27

Star Health settles over ₹780 crore in cancer claims in H1 FY27

by AIP Online Bureau | Nov 6, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life

Women accounted for approximately 60% of these cancer claims, with settlements for women increasing 17% Year-on-Year. These figures illustrate the scale of financial support accessed by insured women and their families during cancer treatment. Chennai: Star Health and...
India’s automobile retail sales stand at over 31.72 lakh units in Oct, EVs at all-time high

India’s automobile retail sales stand at over 31.72 lakh units in Oct, EVs at all-time high

by AIP Online Bureau | Nov 6, 2026 | Eco/Invest/Demography, Indian News, Technology

The clearest bright spot was electrification. EV retails touched an all-time high of about 3.55 lakh units, up 44.88 per cent year-on-year, lifting overall EV penetration to roughly 11.5 per cent from about 6 per cent a year ago — a best-ever October for electric...
Ashish Sardesai appointed as MD & CEO of Centrico Insurance Repository

Ashish Sardesai appointed as MD & CEO of Centrico Insurance Repository

by AIP Online Bureau | Nov 6, 2026 | Briefs, Technology

Centrico Insurance Repository Limited(CIRL), an isurance repository subsidiary of Central Depository Services (India) Limited (CDSL), appointed Ashish Sardesai as its MD & CEO, effective Nov 02, 2026. Sardesai brings over 25 years of professional experience across...

by AIP Online Bureau | Nov 5, 2026 | Workplace/Employee Benefits

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LIC Q2 net profit climbs 20% to Rs 12,076 crore; VNB margin improves

LIC Q2 net profit climbs 20% to Rs 12,076 crore; VNB margin improves

by AIP Online Bureau | Nov 5, 2026 | Indian News, Intermediaries, Life, Regulation

R Doraiswamy, CEO & MD, LIC said,“We at LIC are very optimistic about the positive impact of the proposed commission regulations changes announced for the insurance industry by the IRDAI during September 2026. We believe that most of these changes are in the best...
IRDAI chief calls for focus on protection adequacy to achieve Insurance for All

IRDAI chief calls for focus on protection adequacy to achieve Insurance for All

by AIP Online Bureau | Nov 5, 2026 | Eco/Invest/Demography, Indian News, Life

Ajay Seth, Chairman IRDAI, Michel Khalaf, President and CEO of MetLife Inc and Ashok Chandra, Managing Director and CEO of Punjab National Bank at a panel discussion on “India 2047: The Future of Insurance, Innovation and Inclusion” “Our first 25 years in India have...
Amit Bhandari appointed as MD&CEO of Universal Sampo General Insurance

Amit Bhandari appointed as MD&CEO of Universal Sampo General Insurance

by AIP Online Bureau | Nov 5, 2026 | Indian News, Non-Life

Amit Bhandari. MD&CEO, designate, Universal Sampo General Insurance The company’s board approved Bhandari’s appointment as an Additional Director (Executive) at its meeting on October 30, 2026, following the recommendation of the Nomination and...
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Recent Posts

  • LIC expects limited impact from IRDAI’s proposed commission reforms, higher-cost insurers may face pressure: CEO
  • SEBI proposes mandatory anti-money laundering certification for principal officers of market intermediaries
  • Gold ETF folios jump 2.6x in 3 yrs, outpaces large-cap funds: Report
  • Star Health settles over ₹780 crore in cancer claims in H1 FY27
  • India’s automobile retail sales stand at over 31.72 lakh units in Oct, EVs at all-time high

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