by AIP Online Bureau | Mar 11, 2019 | Health, Indian News, Non-Life
S C Khuntia, Chairman, IRDAI NEW DELHI: Subhash Chandra Khuntia, Chairman, IRDAI,today urged health insurance companies and healthcare providers to upgrade their standards and adopt ethical practices to provide access, equity and quality services to the...
by AIP Online Bureau | Mar 11, 2019 | Indian News, Intermediaries, Life
Mumbai: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, and AXA, today announced that the company has hired 10,000 insurance advisors and set up 50 new branches across India in the current financial year. The aggressive expansion drive is...
by AIP Online Bureau | Mar 11, 2019 | Banking & Bancassurance, Indian News, Life, Regulation
New Delhi:: Insurance Regulatory and Development Authority of India (IRDAI) stipulates that insurers are allowed to hold only up to 15 per cent stake in any listed entity. But LIC, with a special dispensation from IRDAI, holds more than the limit in some state-run...
by AIP Online Bureau | Mar 11, 2019 | International News, Reinsurance, Technology
Hannover: Hannover Re announces the launch of hr | equarium – an innovation pool exclusive to Hannover Re’s global network of insurance clients which facilitates connections with innovative insurtech partners. The online platform...
by AIP Online Bureau | Mar 11, 2019 | Indian News, Life
Mumbai: Standard Life Mauritius Holdings, the joint venture partner in HDFC Life Insurance, is planning to sell 4.93 per cent stake, or 99.5 million shares, in the life insurance firm at a floor price of Rs 357.50 per equity share. This is supposed to...
by AIP Online Bureau | Mar 11, 2019 | International News, Non-Life, Risk Management
BEIJING/SHANGHAI/Mumbai China’s aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX 8 aircraft operated by its airlines, more than a quarter of the global fleet of the jets, after a deadly crash of one of the planes in Ethiopia. An...
by AIP Online Bureau | Mar 10, 2019 | Indian News, Non-Life
New Delhi: The center on Sunday, when the Election Commission(EC) announced the schedules for the general election in the country, appointed Alamelu T Lakshmanachari, 58,chairman-cum-managing director, Agriculture Insurance Company(AIC) as a Member...
by AIP Online Bureau | Mar 10, 2019 | Indian News, Intermediaries, Non-Life
New Delhi: A panel set up by insurance regulator Irdai has suggested modifications in the norms for surveyors and loss assessors in order to attract youngsters and promote expeditious settlement of claims. Surveyors and loss assessors in insurance is a...
by AIP Online Bureau | Mar 10, 2019 | Eco/Invest/Demography, Indian News
Mumbai: Overseas investors have pumped in a net Rs 2,741 crore into the Indian capital markets in the first five trading sessions of March, mainly due to positive market sentiment. As per analysts, the positive change is triggered by domestic as well as global...
by AIP Online Bureau | Mar 10, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
New Delhi: About four per cent of buildings in India are "green" but a lack of technical expertise to execute projects and funding to pay for improvements remain the biggest barriers to investment, according to a new study. Green building is the...
