by AIP Online Bureau | Sep 19, 2018 | Indian News
Mumbai: Reliance Capital chairman Anil Ambani said said the company is looking to list its general insurance company, Reliance General Insurance, in the current financial year. He was addressing the annual general meeting of Reliance Capital on Tuesday....
by AIP Online Bureau | Sep 18, 2018 | Indian News
New Delhi: The new entity to be formed with the merger of Bank of Baroda, Vijaya Bank and Dena Bank will be operational in the beginning of the next financial year, sources said. These three state-run banks would work on strict timeline and necessary...
by AIP Online Bureau | Sep 18, 2018 | Indian News
NEW DELHI: Taking note of almost 3,600 deaths reported in 2017 alone due to potholes on roads across the country, the Supreme Court today said it was "unfortunate" that some states were disputing the data published by the Centre on such accidental deaths....
by AIP Online Bureau | Sep 18, 2018 | Intermediaries, International News, Reinsurance, Risk Management
London: Marsh & McLennan Companies Inc has agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) in cash as the U.S. financial services group looks to boost its speciality risk broking and global reinsurance business. ...
by AIP Online Bureau | Sep 17, 2018 | International News, Risk Management
Singapore/Hong Kong: Insurance companies are expecting increased cyber-related losses across all business lines over the next 12-months, driven by increasing reliance on technology and high-profile cyber-attacks, according to the annual Silent Cyber Risk...
by AIP Online Bureau | Sep 17, 2018 | Indian News
NEW DELHI: The government Monday said state-owned Bank of Baroda, Vijaya Bank and Dena Bank will be merged to create the country’s third largest lender as part of efforts to revive credit and economic growth. Earler, the government had announced the...
by AIP Online Bureau | Sep 17, 2018 | Indian News
Mumbai: A move that may end the drought of new players in the sector, the Indian life insurance sector will soon see an entry of a new venture as the Indiabulls group,owning the second largest private sector housing finance company in the...
by AIP Online Bureau | Sep 16, 2018 | Interviews
How has been your performance in 2017 in terms of premiums, policies, claim settlement and profitability? The company has done quite well in the year 2017. We have posted good performance in all areas of operation and stands out as one of the major players in...
by AIP Online Bureau | Sep 16, 2018 | Data
NEW DELHI: The Indian insurance industry is expected to grow to USD 280 billion by 2019-20 aided by the government's flagship Ayushman Bharat and increasing awareness about need for protection, according to an Assocham-APAS study. Insurance penetration in...
by AIP Online Bureau | Sep 16, 2018 | Data
NEW DELHI: Foreign investors pulled out a massive Rs 9,400 crore (USD 1.3 billion) from the capital markets last fortnight, after putting in money during the previous two months, on widening current account deficit due to a surge in oil prices and depreciating...
