by AIP Online Bureau | Aug 26, 2025 | Indian News, Non-Life, Policy
“In today’s meeting with GIPSA through virtual mode, the Associations were offered an improved loading factor of 14 per cent. While thanking the management for their efforts to come out with enhanced offer but reiterated our demand for parity with LIC in...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Regulation
IRDA’s order for suspending Sastry signed by Raja K Sinha , member, Distribution, IRDAI has said he has admitted the financial misconduct but didn’t mention the exact nature of the misconduct Hyderabad: In a first ever case, the IRDA has suspended one of junior...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Non-Life, Technology
“This intelligent, automation-led DR solution sets a new benchmark for BFSI organizations by enabling seamless, fast and scalable disaster recovery with zero touch”Ujjwal Mathur, president & country head – India Business, TCS MUMBAI: IT major Tata...
by AIP Online Bureau | Aug 25, 2025 | Indian News, Non-Life
The GIPSA has called for a virtual meeting of unions on Tuesday noon Earlier, the unions of of PSU general insurance industry had rejected a 12 per cent wage hike offered by the Department of Financial Services and demanded a 17 per cent hike to be on par with the...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
The Japanese general insurance market is projected to grow from JPY11.7 trillion (US$81.1 billion) in 2024 to JPY12.7 trillion (US$93.9 billion) by 2028, at a compound annual growth rate of 2.2%. TOKYO: Willis, a WTW business, today announced a significant expansion...
by AIP Online Bureau | Aug 25, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Technology
C S Setty, chairman, State Bank of India, said, “India’s Digital Public Infrastructure has revolutionized access through Aadhaar, UPI, and Jan Dhan, and the next frontier lies in DPI 2.0 platforms like Account Aggregator and Unified Lending Interface (ULI). To unlock...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
It is rapidly gaining popularity amongst female population and younger generation of the country. In the FY 2024-25, out of the total enrolments, 55 per cent were women New Delhi: The total gross enrollments under Atal Pension Yojana (APY) have crossed 8.11 crore (as...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Indian News, Risk Management
Cars and two-wheelers manufactured before 2023, and even some newer BS-VI models, are not compatible with such high ethanol blends, it said. The plea highlighted damage to engines, dropping of mileage among other consequences of the move. It also sought direction for...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees. Around 31,555 central government employees have opted for the Unified...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Out of the total inflows, Goldman Sachs expects a large portion, over USD 4 trillion, to be allocated to long-term savings products such as insurance, pension, and retirement funds. New Delhi|: India’s household savings are expected to generate cumulative...
