by AIP Online Bureau | May 27, 2018 | Data
New Delhi: The IPO lane seems to get busier as three dozen companies have lined up initial share sale plans worth Rs 350 billion in the coming months, largely to fund their expansion projects and working capital requirement. These include six state-run...
by AIP Online Bureau | May 27, 2018 | Data
New Delhi: Foreign investors have pulled out a massive USD 4 billion (over Rs 26,700 crore) from capital markets so far this month, primarily due to surge in global crude prices. This comes after such investors had taken out more than Rs...
by AIP Online Bureau | May 27, 2018 | Indian News, Risk Management
NEW DELHI: The government will not allow "fly-by-night" data mining firms to improperly harvest social media data of Indian citizens, Law and IT Minister Ravi Shankar Prasad has said. In an interview to PTI, he said that while the government is...
by AIP Online Bureau | May 27, 2018 | Health, Indian News
New DelhI: In the wake of the Nipah virus outbreak in Kerala, which has claimed 13 lives until now, the Bihar government, Sikkim health department, Madhya Pradesh Health Ministry, and Pudducherry collector office have issued advisories urging the people of...
by AIP Online Bureau | May 26, 2018 | International News, Risk Management, Technology
San Francisco: Withing hours of the European Union's (EU) General Data Protection Regulation (GDPR) taking effect on Friday, technology giants Google and Facebook have been hit with privacy complaints that could carry fines of up to $9.3 billion...
by AIP Online Bureau | May 26, 2018 | Data
Mumbai: Gross premium of non-life insurance companies rose by 14 per cent to Rs 13,880.74 crore in April compared to the same month of last year, according to the Irdai data. Non-life insurance firms had recorded gross written premium of Rs 12,198.60...
by AIP Online Bureau | May 26, 2018 | Data
Mumbai: Driven by new individual premium income, the life insurance industry has begun FY19 on an healthy note, with 4.6 per cent growth in new business premium at Rs 7,280 crore in April, according to the data from the industry lobby Life Insurance...
by AIP Online Bureau | May 25, 2018 | Indian News, Reinsurance
Mumbai: With a record premium income of Rs 41,799.37 crore, up 24.5 per cent, the state-run GIC Re has posted a net profit of Rs 3,233.59 crore, up three per cent, in 2017-18. The Indian insurer, that got listed recently in the Indian bourses with...
by AIP Online Bureau | May 25, 2018 | Uncategorized
London: In an intensely competitive environment, organic growth opportunities are limited and insurers are increasingly turning to merger and acquisition (M&A) activity in their search for profitable expansion, according to a new briefing by A.M. Best. With...
by AIP Online Bureau | May 25, 2018 | International News
Brussels: The European Commission is today proposing to strengthen EU rules on motor insurance to better protect victims of motor vehicle accidents and improve the rights of insurance policyholders. Today's proposal will ensure that victims of motor...
