by AIP Online Bureau | Sep 10, 2018 | Indian News, Non-Life
New Delhi: After a bit of delay, government on Monday has appointed Tajinder Mukherjee,general manager, New India Assurance(NIA), as the CMD of Kolkata based National Insurance company while Girish Radhakrishnan, CEO, NIA’s London...
by AIP Online Bureau | Sep 10, 2018 | Indian News, Reinsurance
Monte Carlo:In a major achievement, state run listed reinsurer, GIC Re has emerged as the 10th largest global reinsurer in the latest global ranking -2017- exercise by the international rating agency Standard & Poor’s. S&P takes into account the net...
by AIP Online Bureau | Sep 9, 2018 | Climate, Environment, Renewable Energy, International News
Bangkok: An international meeting in Bangkok fell short of its aim of completing fruitful preparations to help an agreement be reached in December on guidelines for implementing the 2015 Paris climate change agreement. The six-day meeting, which ended on...
by AIP Online Bureau | Sep 9, 2018 | Indian News, Technology
New Delhi: India's new drone regulations are set to change the landscape of the real estate sector from December, as the 3-D mapping of properties will not just become powerful tool for marketing but will further boost transparency and accountability, industry...
by AIP Online Bureau | Sep 9, 2018 | Indian News
New Delhi: Legal aid lawyers are defenders of human rights and there is a need for them to be paid at the same level as public prosecutors, Delhi High Court judge Justice S Muralidhar said Sunday, during the launch of a national report on legal aid for...
by AIP Online Bureau | Sep 9, 2018 | Indian News
Mumbai: Amitabh Chaudhry, MD & CEO at HDFC Life Insurance, has been appointed managing director and chief executive of Axis Bank for a three-year term. He will take charge on January 1, 2019.Chaudhry has has resigned from the post. will ...
by AIP Online Bureau | Sep 9, 2018 | Articles, Reinsurance
Worldwide, most major non-life insurance markets are in a phase of below-average profitability. The latest sigma report from the Swiss Re Institute, “Profitability in nonlife insurance: mind the gap”, assesses the existing earnings gap in the non-life...
by AIP Online Bureau | Sep 9, 2018 | Indian News, Pension & Social Security
MUMBAI: Only third in India are regularly saving for their retirement while just 33 per cent of working-age respondents globally are putting anything aside for their later life, according to a report. The lack of saving is likely linked to low...
by AIP Online Bureau | Sep 7, 2018 | International News, Risk Management
London: British Airways was forced to apologise on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the worst ever attack on its website and app. The airline discovered on Wednesday that...
by AIP Online Bureau | Sep 7, 2018 | Indian News, Regulation
Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) Friday said it will set the timeline to reduce LIC’s shareholding in IDBI Bank from 51 percent to 15 per cent. However, it added that the timeline will only be set...
