by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Life
HSBC had shortlistedAllianz, Sumitomo Life Insurance Co. and Daiichi Life Group Inc. as bidders for the Singaporean insurance unit. Other insurers including Sun Life Financial Inc. and Nippon Life Insurance Co. were said to be in the frame for the unit previously....
by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The product includes medical coverage for conflict-related incidents, with airline-managed hotel accommodations and support for extended stays, according to the statement. Emirates also will rebook connecting services for affected passengers at no extra cost, even if...
by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The memorandum includes an immediate end to the war on all fronts, including Lebanon, the full resumption of maritime traffic in the Strait of Hormuz, the lifting of a U.S. blockade of Iranian ports, the waiving of international sanctions on Iran, the unfreezing of...
by AIP Online Bureau | Jun 17, 2026 | Indian News, Technology
The Ministry of Electronics and Information Technology (MeitY), acting on recommendations of the National Testing Agency (NTA), issued a direction under Section 69A of the Information Technology Act, 2000, restricting access to the Telegram platform in India till June...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Reinsurance
Sharing the outcome of the stake sale on social media platform X, DIPAM Secretary said, “Offer for Sale (OFS) in GIC Re closed with enthusiastic response from the investors. Government of India has divested 5.0% per cent of its stake in GIC Re with full...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
Life Insurance Corporation of India (LIC), the single largest shareholder in NSE, holding a 10.72 per cent stake, will not offload any shares. GIC Re (1.07 crore shares), The New India Assurance Company (1.05 crore shares), National Insurance Company (0.60 crore...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security
The the Double Contribution Convention (DCC) “exempts Indian workers and employers from making dual social security contributions in the United Kingdom during temporary assignments. The period of exemption has been increased from 3 years to 5 years,” New...
by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News
“Through coordinated efforts of the Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs, state governments, law enforcement agencies, banks and financial institutions, we will further strengthen our cyber security framework while ensuring...
by AIP Online Bureau | Jun 16, 2026 | Workplace/Employee Benefits
Joshi has been serving as the acting CMD of GIC Re since Oct 1. The post has fallen vacant after N Ramaswamy retired from the post on Sep...
by AIP Online Bureau | Jun 16, 2026 | Indian News, Reinsurance
Hitesh Joshi, CMD, GIC Re Joshi has been serving as the acting CMD of GIC Re since Oct 1.The post has fallen vacant after N Ramaswamy retired from the company since Sep 30. The government on Tuesday has appointed Hitesh Joshi, 57, as the new CMD of GIC Re, the ninth...
