by AIP Online Bureau | May 26, 2025 | Eco/Invest/Demography, Indian News, Life
According to the block deal data available on the NSE, SBI Life Insurance Company picked up more than 3.74 crore units or 1.93 per cent holding in NHIT New Delhi: SBI Life Insurance and Vidyaniti LLP on Monday bought a 4.25 per cent unit-holding in National Highways...
by AIP Online Bureau | May 26, 2025 | Indian News, Non-Life, Reinsurance
GIC Re board, which met on Monday to finalise its results, has declared a record dividend of Rs 10 per share(or 200 per cent) with a face value of Rs 5 Mumbai: With higher underwriting losses and combined ratio , state owned GIC Re’s net profit has fallen by 17...
by AIP Online Bureau | May 26, 2025 | Eco/Invest/Demography, Health, Indian News
“Whenever cases increase, we look at three things. It’s dependent on three factors with the first being how transmissible it is, conversely how fast the cases are increasing. Previously we saw Covid cases double in two days, but this time it is not that...
by AIP Online Bureau | May 26, 2025 | Articles, Life, Non-Life, Risk Management, Technology
“Insurance leaders need a clear strategy to unlock value and achieve AI driven transformation and achieve long-term success, one that involves not only integrating AI into their existing systems but also fostering a culture of innovation and adaptability. By doing so,...
by AIP Online Bureau | May 26, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology, Workplace/Employee Benefits
Pralhad Joshi, Union Minister for Consumer Affairs After extensive stakeholder consultation, the department issued comprehensive guidelines on the prevention of dark patterns on November 30, 2023 recognising 13 prominent dark patterns in e-commerce including False...
by AIP Online Bureau | May 25, 2025 | Indian News, Non-Life, Reinsurance
The insurers, who have provided the cover for the plant are- National Insurance Company(38 per cent), Reliance General Insurance(23 per cent), Oriental Insurance Company (12 per cent), Iffco Tokio General Insurance(12 per cent), United India Insurance(10 per cent) and...
by AIP Online Bureau | May 25, 2025 | Eco/Invest/Demography, Indian News, Technology
“We will now be able to issue more localised and accurate weather forecasts,” said M Ravichandran, Secretary, Ministry of Earth Sciences, New Delhi: The government will on Monday unveil a new ‘Bharat Forecasting System’ that will enable the...
by AIP Online Bureau | May 25, 2025 | Indian News, Non-Life
Hinduja owned IIHL, which acquired Reliance Capital through the insolvency process in March this year, infused Rs 100 crore in May 2025 in the general insurance company reinforcing its financial strength and growth momentum New Delhi: Reliance General Insurance, an...
by AIP Online Bureau | May 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Matthew Strong, Deputy CEO, Howden CAP and Head of Credit and Political Risk, commented: “ With demand for CPRI protection rising, now is the time for the market to step up even further. This will enhance global economic growth by increasing commitments and...
by AIP Online Bureau | May 25, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
Anni MLA Lokender Kumar said, “Due to heavy rain here along with hailstorm, a cloud burst took place last evening. 5-6 cars have been swept away, and around 24-25 cars are damaged. People are facing a lot of difficulties here. I would request the PWD and revenue...