by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology
Nirmala Sitharaman,Finance Minister The government is likely to allow a levy of 0.25 per cent to 0.4 per cent as merchant discount rate (MDR) or charges on UPI payments above Rs 2,000 made to businesses, while keeping payments made by one person to another outside the...
by AIP Online Bureau | Aug 6, 2026 | Indian News, Life
R Doraiswamy, CEO & MD, LIC, said,“The numbers are good this quarter, but if you look at the growth in premium or APE, it is not as high as what you would have expected.What gives us more happiness is that our VNB has grown by 61 per cent plus and our VNB margin...
by AIP Online Bureau | Aug 6, 2026 | International News, Non-Life, Reinsurance
The transaction follows Everest’s recent announcements of agreements to sell its Colombia and Canada insurance operations as part of its planned exit from its remaining commercial retail insurance businesses. It is expected to close in 2027, subject to customary...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
“The most pronounced impacts are in Marine Hull & War, Marine P&I, Aviation, and Terrorism & Political Violence, where insurers are exercising greater underwriting discipline, repricing risk and placing increased emphasis on policy terms and...
by AIP Online Bureau | Aug 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy
Officials in the state divestment department kept the launch date a secret to prevent traders from taking positions ahead of the sale and pushing the stock lower before the government could sell its shares, according to people familiar with the matter. Even the banks...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
“Accelerated industry reforms and low penetration levels to drive massive sector growth in India. Liberalization, competition and regulatory changes will shape the insurance sector’s development,” the S&P report said. New Delhi:India’s...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ivan Gonzalez,CEO, Swiss Re Corporate Solutions said: “Our partnerships with Bajaj General Insurance and GNP Seguros mark the beginning of a new era in how we serve clients in India and Mexico, two of the world’s fastest-growing commercial insurance...
by AIP Online Bureau | Aug 6, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Intermediaries, Risk Management
Despite the apparent step towards yielding to Iranian demands, the sources pushed back against assertions by U.S. President Donald Trump that a deal reopening the strait was imminent, saying important details still had to be agreed. A proposed deal between Iran and...
