by AIP Online Bureau | Sep 29, 2018 | Indian News, Regulation
New Delhi: The centre has advertised for the two posts of whole-time-members in the Insurance Regulatory and Development Authority of India (IRDAI} as PJ Joseph, member, non-life and Nilesh Sathe,member,life, will be retiring shortly after reaching 62....
by AIP Online Bureau | Sep 28, 2018 | Indian News, Regulation, Reinsurance
Hyderabad: The board of insurance regulator IRDAI has met on Friday under its chairman Subhas Khuntia and has cleared the long pending revised reinsurance regulations where state owned reinsurer GIC Re's predominance in the Indian reinsurnace...
by AIP Online Bureau | Sep 28, 2018 | Indian News, Risk Management
New Delhi: The latest safety crash test results under the Safer Cars For India campaign were released today on September 27 to coincide with the inaugural Global NCAP World Congress held in Delhi. Maruti Suzuki achieved an encouraging four star result with the...
by AIP Online Bureau | Sep 28, 2018 | Indian News
Singapore: International rating agency, A.M. Best does not expect flooding in the Indian state of Kerala to have a significant impact on the balance sheet strength of rated Indian non-life insurers; however, the losses may add to the unfavorable...
by AIP Online Bureau | Sep 27, 2018 | Articles, Health
Every year close to 800 000 people take their own life and there are many more people who attempt suicide. Every suicide is a tragedy that affects families, communities and entire countries and has long-lasting effects on the people left behind. Suicide occurs...
by AIP Online Bureau | Sep 26, 2018 | Climate, Environment, Renewable Energy, Indian News
New Delhi: Carbon dioxide emissions are costing the Indian economy up to $210 billion every year, according to a global study which found that the country is likely to suffer highest economic damage from climate change after the US. Previous research has...
by AIP Online Bureau | Sep 26, 2018 | Indian News
Mumbai: Country’s largest lender, State Bank of India(SBI), has divested 4 per cent of its stake in its non-life insurance arm SBI General Insurance, to two companies on Wednesday for a total consideration of Rs 482 crore. For the deal, SBI...
by AIP Online Bureau | Sep 26, 2018 | Indian News, Policy, Regulation
New Delhi: In a landmark 4-1 judgement on Wednesday, the Supreme Court's five-judge constitution bench while upholding validity of Aadhaar, -12-digit Unique Identification Number-has barred Individual and private corporates to collect...
by AIP Online Bureau | Sep 25, 2018 | Indian News
New Delhi State-owned insurer LIC Tuesday said it will not allow debt-ridden IL&FS to collapse and explore options to revive it. The Life Insurance Corporation (LIC) has the largest shareholding in IL&FS. IL&FS Financial Services, a...
by AIP Online Bureau | Sep 25, 2018 | Indian News, Pension & Social Security
New Delhi: The government on Tuesday announced three initiatives to take banking to the last mile comprising a financial inclusion index, geographical mapping of banking services and hassle-free online loans for MSMEs valuing up to Rs 10 million. ...
