by AIP Online Bureau | Aug 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Traffic slowed further at the other major Middle East waterway, the Bab el-Mandeb strait.A total of 27 commodity vessels passed through Bab el-Mandeb on Wednesday, down from 32 on Tuesday, Kpler data showed.Some vessels may be sailing through the waterways with...
by AIP Online Bureau | Aug 20, 2026 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
The approval would give LIC the option to significantly increase its ownership in the private sector lender, subject to the applicable regulatory and statutory requirements Mumbai:Life Insurance Corporation of India (LIC), India’s largest insurance company, has...
by AIP Online Bureau | Aug 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology
Sachin Bansal, founder, Navi The investment values Navi at about $1.3 billion. At present, Navi offers loans, insurance, mutual funds, and UPI payments. Mumbai: Sachin Bansal-promoted Indian fintech startup Navi said on Wednesday it will raise $100 million from Dutch...
by AIP Online Bureau | Aug 19, 2026 | International News, Non-Life, Reinsurance, Technology
The acquisition is a strategic move to strengthen Munich Re’s and HSB’s position as a leader in the cyber market by combining insurance with proactive risk mitigation and a state-of-the-art technology platform. It also positions the company for greater access to a...
by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, International News, Non-Life
Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. opted for insurance-backed financing for the debt portion of the landmark deal. The decision points to the growing role of insurers as providers of long-dated capital for infrastructure assets, whose...
by AIP Online Bureau | Aug 18, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Finance Minister Nirmala Sitharaman Sitharaman also pointed to the perception gap between public and private sector banks among younger customers, saying private banks appeared to have an image of being banks that were “cool enough as well”, and urged PSBs...
by AIP Online Bureau | Aug 18, 2026 | International News, Risk Management
The trial will test the four states’ allegations that Meta designed Facebook and Instagram to be addictive to children and teens and misled consumers about the safety of the platforms for young users. It will also address the claims of all 29 states accusing Meta of...
by AIP Online Bureau | Aug 18, 2026 | Indian News, Life, Regulation
In May this year, UK-based Prudential plc announced that it would acquire a majority 75 per cent stake in Bharti Life Insurance for Rs 3,500 crore from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management. New Delhi:Fair trade regulator CCI on Tuesday cleared the...
by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
The Parliamentary committee had observed with concern the widening cost disparity between public and private healthcare, noting that private hospitalisation averages Rs 50,508 compared to Rs 6,631 in public facilities, saying such huge disparity has triggered a...
by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, Indian News, Technology
Under the proposed changes, the existing age limits of 12 years and 15 years for vehicles covered by the national permit system would be extended to 17 years and 20 years, respectively, for battery, hydrogen and natural gas vehicles, it added. New Delhi: The...
