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SBI Life Insurance Vidyaniti buy 4.25 pc unit-holding in NHIT for Rs 1100 cr

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...
GIC Re’s net profit falls 17 % to Rs 2,183 cr, gross premium rises 20 % to Rs 10,367 cr in Q4FY25

GIC Re’s net profit falls 17 % to Rs 2,183 cr, gross premium rises 20 % to Rs 10,367 cr in Q4FY25

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...
No cause of worry infection severity mild ICMR DG amid uptick in Covid cases

No cause of worry infection severity mild ICMR DG amid uptick in Covid cases

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...
Enable, Embed and Evolve: 3 essential phases of AI transformation in a customer-centric enterprise

Enable, Embed and Evolve: 3 essential phases of AI transformation in a customer-centric enterprise

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,...
Govt to address ecommerce dark pattern concerns with all stakeholders

Govt to address ecommerce dark pattern concerns with all stakeholders

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...
6 general insurers hit with over Rs 2k crore losses as fire destroys Nashik manufacturing plant of Jindal Poly Films

6 general insurers hit with over Rs 2k crore losses as fire destroys Nashik manufacturing plant of Jindal Poly Films

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...
Government to unveil Bharat Forecasting System on Monday

Government to unveil Bharat Forecasting System on Monday

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...
Reliance General Insurance posts 12.5 rise in net profit to Rs 315 cr in FY25

Reliance General Insurance posts 12.5 rise in net profit to Rs 315 cr in FY25

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...

Trade disruption and economic shocks push up political risk cover by 30% globally, says Howden report

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...

Cloudburst in Himachal’s Rampur triggers flash floods, washes away 5-6 vehicles

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...
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