by AIP Online Bureau | Jul 17, 2018 | Indian News
Mumbai: Taking forward the proposal of the Life Insurance Corporation(LIC) to acquire 51 per cent in the public sector lender, IDBI Bank, the latter is seeking an approval from the government. "The bank has received a letter dated July 16 from LIC...
by AIP Online Bureau | Jul 17, 2018 | Indian News
Hyderabad: The insurance regulator IRDAI on Tuesday has constituted a Working Group under chairmanship S P Chakraborty, general manger (Actuarial), IRDAI, to prepare the draft regulations for revamping the existing Linked Insurance Products Regulations 2013 and...
by AIP Online Bureau | Jul 17, 2018 | Articles, Risk Management
Zurich: Over the next 10 years, the number of active satellites in orbit is set to multiply. New satellite constellations that deliver global services like Earth observation, internet connectivity and voice communications are spurring this development. ...
by AIP Online Bureau | Jul 17, 2018 | Indian News
The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran as it seeks to avoid disrupting global oil markets while reimposing sanctions against Tehran, US Treasury Secretary Steven Mnuchin...
by AIP Online Bureau | Jul 16, 2018 | International News
With a better way to predict a storm’s power, or intensity, people on the ground will be more prepared in knowing whether a hurricane headed their way will cause devastating floods and winds that can uproot trees like Maria, which devastated Puerto Rico...
by AIP Online Bureau | Jul 16, 2018 | International News
London: The cost of a comprehensive motor insurance policy fell 11 percent in Britain in the second quarter, the biggest annual price fall since 2014, a survey said on Monday. Prices were pushed down because of expected changes in the rate used to calculate...
by AIP Online Bureau | Jul 16, 2018 | Indian News
Washington The International Monetary Fund on Monday projected a growth rate of 7.3 per cent in 2018 and 7.5 per cent in 2019 for India as against 6.7 per cent in 2017, making it the fastest growing country among major economies. However, the latest...
by AIP Online Bureau | Jul 16, 2018 | Indian News, Risk Management
New Delhi Rules for protection of personal data in the telecom space are not sufficient, regulator Trai said on Monday while suggesting that consumers be given the right to choice, consent and to be forgotten to safeguard their privacy. Recommending a...
by AIP Online Bureau | Jul 16, 2018 | International News, Reinsurance
Lodon: Lloyd’s, specialist re/insurance market, for the second time has managed to predict the winner of the FIFA World Cup correctly. A month back it had predicted that France would win the 2018 FIFA World Cup based on insurable value...
by AIP Online Bureau | Jul 16, 2018 | Indian News
New Delhi: The board of the Life Insurnace Corporation(LIC), that met in New Delhi today, has approved the corporation's paln to acqure up to 51 per cent stake in IDBI Bank and has authorised the chairman of the LIC -VK Sharma- to prepare all the...
