by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology
Average enterprise values on deals with insurance increased worldwide: in Asia, the average deal had an enterprise value of $516 million, up 157% on 2020; LONDON: Aon plc has released the latest edition of their global M&A Risk in Review Opens in a new tabreport....
by AIP Online Bureau | Jun 16, 2022 | Briefs, Intermediaries, Non-Life, Technology
Kotak Mahindra General Insurance (Kotak General Insurance) has partnered with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), India’s leading digital payments platform to offer motor insurance to 380 million customers on the PhonePe platform. Suresh Agarwal,...
by AIP Online Bureau | Jun 16, 2022 | Intermediaries, International News, Non-Life, Reinsurance
The alignment of the Construction and Natural Resources Global Line of Business within WTW Asia enables the company to bring a more effective and integrated offering to our clients. WTW’s specialist partners will deliver bespoke and innovative risk solutions...
by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
The security of the new digital financial economy is also facing new risks. With quantum computing, for example, a new generation of computers is on the verge of completing tasks far beyond the reach of current machines These hyper-smart technologies offer significant...
by AIP Online Bureau | Jun 16, 2022 | International News, Non-Life, Technology
The report mentioned that out of 392 crashes, 273 were Tesla vehicles using Autopilot or the Full Self-Driving (FSD) beta. Honda cars were tied to 90 incidents, while Subaru models were involved in 10. Other makes, including Ford, GM, VW and Toyota, had five incidents...
by AIP Online Bureau | Jun 16, 2022 | Indian News, Non-Life, Regulation, Reinsurance
Nitin Gadkari, union minister for Road Transport & Highways `After discussing several challenging issues that are making Surety Bond a complete non-starter, minister has suggested to the IRDA that it should develop some model product having all the basic...
by AIP Online Bureau | Jun 15, 2022 | Banking & Bancassurance, Indian News
(L to R) Anuj Mathur,MD and CEO, Canara HSBC Life Insurance,L V Prabhakar,MD & CEO, Canara Bank,Hitendra Dave, CEO,.HSBC India at a media meet in Mumbai Mumbai:Public sector lender Canara Bank may look at diluting its stake in Canara HSBC Life Insurance at a time...
by AIP Online Bureau | Jun 15, 2022 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management, Workplace/Employee Benefits
New IRDAI chairman Debasish Panda has already made his intention public to broadbase the ownership of the Insurance Information Bureau of India and has suggested that instead of the IRDAI, let the insurers through their representative body General Insurance Council...
by AIP Online Bureau | Jun 14, 2022 | Indian News, Pension & Social Security
Supratim Bandyopadhyay, chairperson, PFRDA Supratim Bandyopadhyay, chairperson, PFRDA, said, the total assets under NPS has touched Rs 35 trillion and currently almost has an AUM of Rs 7,40 trillion with 5.33 subscribers across central and state government...
by AIP Online Bureau | Jun 14, 2022 | Indian News, Life
LIC’s shareholding in Hindustan Unilever (HUL) has increased from 11,73,80,500 to 11,76,90,500 equity shares, aggregating to 5.008 per cent of the paid-up capital of the company Mumbai:LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and...
