by AIP Online Bureau | Dec 15, 2025 | International News, Reinsurance
Greg Abel, CEO designate,Berkshire Hathaway Ajit Jain, 74, also a vice chairman, still oversees Berkshire’s insurance businesses. Investors had long viewed him as a CEO candidate, though Buffett has said Jain did not want the job The elevation of Greg Abel to replace...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Reinsurance
The government is also actively planning to disinvest in Life Insurance Corporation (LIC) shortly New Delhi/Mumbai: The Indian government held road shows in London and Singapore to assess investor interest for a minority stake sale in state-run GIC Re. Top officials...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News
Facing a shrinking domestic market and years of rock-bottom interest rates, Japan’s biggest banks have for years sought out overseas targets. TOKYO:Japan’s Mitsubishi UFJ Financial Group is in final talks to acquire a 20% stake in Indian non-bank financial...
by AIP Online Bureau | Dec 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
The new bill, named the Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India(SHANTI) Bill, 2025, drops a rule that let operators sue suppliers for equipment defects, a provision foreign suppliers have long opposed. Foreign suppliers include...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Minister of State for Finance Pankaj Chaudhary Gold and silver serve a dual role not only as a consumption item but also as an investment avenue, as they are considered safe assets for hedging against uncertainties.Thus, an increase in the price of gold or silver...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
A bench of Justices J K Maheswari and Vijay Bishnoi flagged the construction of illegal “dhabas” on both sides of national highways and expressways as a possible cause of road accidents and asked Solicitor General Tushar Mehta, who appeared in the matter...
by AIP Online Bureau | Dec 15, 2025 | Indian News, Life, Non-Life, Policy, Regulation
Despite the Bill to hike FDI in the insurance sector to 100 per cent, one of the top officials — Chairman, Managing Director, or CEO — must be an Indian citizen.It also paves the way for the merger of a non-insurance company with an insurance company. New Delhi: The...
by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Non-Life
Any possibility of three companies- NIC, OIC and UII – getting merged with New India Assurance(NIA), the country’s largest general insurance company, is ruled out as latter has opposed it tooth and nail New Delhi: Beginning its home work on the issue of...
by AIP Online Bureau | Dec 14, 2025 | Briefs, Non-Life, Technology
IndusInd General Insurance (formerly known as Reliance General Insurance) announced a strategic partnership with Citroën for providing comprehensive coverage to Citroën customers. Apart from cashless claim settlements and minimal paperwork, Citroën customers can...
by AIP Online Bureau | Dec 14, 2025 | Briefs, Non-Life
ICICI Lombard General Insurance and Vastu Housing Finance, one of India’s tech-enabled Housing Finance companies, have entered into a partnership. It aims to provide Vastu’s customers across 17 Indian states and 340 districts with a suite of comprehensive and...
