by AIP Online Bureau | Jul 22, 2025 | Banking & Bancassurance, Briefs, Life
Shriram Life Insurance Company (SLIC) has partnered with ESAF Small Finance Bank as a corporate agent to expand the reach of life insurance products to the underserved segments across India. The bank has 788 branches, 713 ATMs, and 1,095 customer service centres...
by AIP Online Bureau | Jul 22, 2025 | Indian News, Intermediaries, Life
Pankaj Chaudhary, minister of state ,Ministry of Finance LIC has already paid Rs115.13 crore to 2,05,896 Bima Sakhis in the country till July 14 New Delhi: Life Insurance Corporation (LIC) has provided a budget of Rs 520 crore for the government’s Bima Sakhi-...
by AIP Online Bureau | Jul 22, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
It captures the level of financial inclusion using data from different sectors, including banking, insurance, investments, pensions and postal services. Mumbai: The Reserve Bank of India (RBI) on Tuesday said that the country’s financial inclusion index...
by AIP Online Bureau | Jul 22, 2025 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their...
by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management
Key outcomes were urgent transition to 1600-Series for Commercial Calls, regulators, discussed setting up timelines for migration to the dedicated 1600-number series for transactional and service calls in the banking, financial services, and insurance (BFSI) sectors....
by AIP Online Bureau | Jul 22, 2025 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
“Flash floods are not new, but their frequency and intensity are increasing in many regions due to rapid urbanization, land-use change, and a changing climate. Rising temperatures play a role because each additional degree Celsius of temperature increase allows the...
by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
“UNC3886 poses a serious threat to us, and has the potential to undermine our national security,” Coordinating Minister for National Security K. Shanmugam said in a speech. Google-owned cybersecurity firm Mandiant has described UNC3886 as a “China-nexus espionage...
by AIP Online Bureau | Jul 22, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
The source said the evidence, including the cockpit voice recorder, computer data and a physical engine switch found in the wreckage showed pilots shut off the left engine instead of the right engine when taking emergency steps after a bird strike just before it was...
by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management
Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...
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...
