by AIP Online Bureau | Feb 17, 2018 | Data
The sex ratio at birth (SRB) saw a decline in 17 out of 21 large states of the country, with Gujarat recording an alarming dip of 53 points, a report released by the Niti Aayog stated and stressed on the need to check sex-selective abortion. ...
by AIP Online Bureau | Feb 16, 2018 | Indian News
New Delhi: After finance minister Arun Jaitly made a Budgetary proposal for the merger of three state owned general insurers, , finance ministry officials met the CMDs of these companies-Oriental Insurance, National Insurance and United...
by AIP Online Bureau | Feb 16, 2018 | Indian News, Regulation
New Delhi: Government today has appointed two members at the insurance regulator IRDAI. Kutumbe Pravin Hari, 58,executive director , Life Insurance Corporation(LIC) has been appointed as member (Finance & Investment) while Sujay Banarji,60,.former...
by AIP Online Bureau | Feb 16, 2018 | Uncategorized
New Delhi: Government today has appointed two members at the insurance regulator IRDAI, Kutumbe Pravin Hari, 58,executive director, Life Insurance Corporation(LIC) has appointed as member (Finance & Investment) while Sujay Banarji,60. former director, Oriental...
by AIP Online Bureau | Feb 16, 2018 | Indian News
Mumbai: Country's largest insurer Life Insurance Corporation has invested Rs 70,000 crore in equity markets till the end of the third quarter and plan to invest another Rs 10,000 crore by the end of current financial year. In the month of...
by AIP Online Bureau | Feb 15, 2018 | Articles
NEW DELHI: India will soon come out with a policy to scrap vehicles that are more than 15 years old, Union Minister Nitin Gadkari said today. The policy aims at curbing rising vehicular pollution in the country. "We have almost finalised the...
by AIP Online Bureau | Feb 15, 2018 | Articles
London/Paris/New York/Singapore/Hong Kong/Dubai: A new market report from London based specialist credit and political risk insurance (CPRI) broker BPL Global indicates that overall CPRI market capacity has seen a substantial increase across all product lines over the...
by AIP Online Bureau | Feb 15, 2018 | Indian News, Regulation
New Delhi: Even as TS Vijyan, chairman, IRDAI will be retiring within a week after reaching 65 and completing his five-year tenure, the powerful Financial Sector Regulatory Appointments Search Committee(FSRAC) headed by cabinet secretary, PK Sinha has...
by AIP Online Bureau | Feb 14, 2018 | Articles, Regulation
Mumbai: Insurance regulator Irda has asked all insurers to transfer the deposits of policyholders that have been laying unclaimed for over 10 years to the welfare fund by March 1. "All insurers having unclaimed amounts of policyholders for a period of more...
by AIP Online Bureau | Feb 14, 2018 | Indian News
Mumbai: The fast growing Indian reinsurance sector seems to be the flavor of the season for the global insurers and investors. The latest entrants that have thrown their hats in the ring are, Prem Watsa, and Allianz Group, who have applied for the...