by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance
Greece’s shipping ministry warned on Sunday that the country’s owners should think twice about Hormuz transit and instead head to a safe port Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the...
by AIP Online Bureau | Jun 23, 2025 | Banking & Bancassurance, Indian News, Non-Life
A transaction could value SBI General Insurance at as much as $4.5 billion, the people said. Mumbai: Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people...
by AIP Online Bureau | Jun 23, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits
“This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI’s extensive branch and digital network. The training will cover investment planning, retirement readiness, insurance advisory, and...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Indian News, Regulation
Earlier this month, the Reserve Bank of India enabled Separate Trading of Registered Interest and Principal of Securities (STRIPS) for state debt but said these securities can only be issued for bonds with a residual maturity of up to 14 years. MUMBAI: The Indian...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The shipments are primarily held up at Kandla and Mundra ports in Gujarat, with neither vessels nor insurance available for Iran-bound cargo due to the Middle East conflict, said president Satish Goyal New Delhi: Around 1,00,000 tonnes of basmati rice destined for...
by AIP Online Bureau | Jun 23, 2025 | Data, Eco/Invest/Demography, Risk Management, Wealth Management/ Philanthropy
New Delhi: Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal’s role in global portfolios, said Llama Research in its June edition.According to the...
by AIP Online Bureau | Jun 23, 2025 | Data, Non-Life
Zurich Kotak General Insurance celebrated its first Foundation Day by reinforcing its commitment to its community and launching Zurich Commercial Insurance in India. The Zurich Insurance Group (Zurich) and Kotak Mahindra Bank-led entity completed one year of its...
by AIP Online Bureau | Jun 23, 2025 | Briefs, Life
In a move that reinforces its purpose-driven brand narrative, Canara HSBC Life Insurance has roped in fast-bowling spearhead Jasprit Bumrah and sports presenter, Sanjana Ganesan as brand ambassadors. This partnership brings to life the brand’s core philosophy of...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Risk Management, Technology
A spike in cyberattacks has accompanied the war between Israel and Iran, with a pro-Israel hacking group known as Predatory Sparrow claiming responsibility for disrupting a major Iranian bank and a breach that struck an Iranian crypto exchange. Iran’s state-run IRIB...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, International News
Lawyers for the shareholders plan to seek legal fees of up to 13% of the settlement amount, or about $18 million excluding interest, plus up to $2.6 million for expenses, court papers show Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the...
