by AIP Online Bureau | May 9, 2018 | International News
NEW YORK: American International Group Inc (AIG.N) faces an uphill climb to convince shareholders to approve a $43.1 million pay package for Chief Executive Officer Brian Duperreault during the company’s annual meeting on Wednesday. Two...
by AIP Online Bureau | May 8, 2018 | Indian News
Mumbai: Riding over an extraordinary income of Rs131 crore and lower operating and claim expenses, SBI General Insurance has recorded a profit after tax (PAT) of Rs 396 cr in FY 17 – 18, up 160 per cent over Rs 153 cr in FY 16...
by AIP Online Bureau | May 5, 2018 | Indian News, Regulation
Hydearabad: Subhash Chandra Khuntia, 60, the newly appointed chairman of the Insurance Regulatory and Development Authority of India (IRDAI), will assume office on Monday. Earlier this week, the government had appointed Khuntia, a former IAS officer and retired...
by AIP Online Bureau | May 4, 2018 | Indian News
NEW DELHI: A fresh warning about thunderstorm and squall hitting West Bengal, Odisha, Bihar and Uttar Pradesh today has been issued, the home ministry said, and noted that 124 people were killed while more than 300 injured in five states due to thunderstorm and...
by AIP Online Bureau | May 4, 2018 | International News
Munich, Singapore: The Allianz Group is significantly expanding its climate strategy and has announced commitments to actively support the global change to a low-carbon economy over the coming decades. By 2040, in a step by step process, Allianz...
by AIP Online Bureau | May 4, 2018 | International News, Reinsurance
FRANKFURT: Swiss Re on Friday said it was still in discussions with SoftBank (9984.T) about the Japanese group potentially taking a stake in the reinsurer but that a deal was not a sure thing. “We continue to be in discussions with SoftBank,” John...
by AIP Online Bureau | May 4, 2018 | Health, Indian News
New Delhi: Insurance companies will have to mandatorily refund excess premium if the claim ratio turns out to be less than 85 percent under the Centre's ambitious 'National Health Protection Mission' (NHPM), says a proposal by the health ministry....
by AIP Online Bureau | May 3, 2018 | Indian News
Chennai: Cholamandalam MS General Insurance Company Limited (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group, Japan has achieved a gross written premium of Rs. 4103 crores during FY 2017-18 registering a year on year...
by AIP Online Bureau | May 3, 2018 | Indian News
New Delhi: The aviation sector in India, currently growing at nearly 28 percent, will see an investment of close to Rs 1 lakh crore in the next five years for capacity augmentation and development of new greenfield airports, Minister of State for Civil Aviation...
by AIP Online Bureau | May 3, 2018 | Health, Indian News
New Delhi: The Centre has made "serious" efforts to fight air pollution and the 2017 air quality data for fine particulate matter PM2.5 has shown improvement over the previous year, the Environment Ministry said today, after a WHO report listed 14...
