by AIP Online Bureau | Feb 8, 2018 | Articles
NEW DELHI: The Centre is in the process of linking driving licences with Aadhaar number to weed out fake licences and a software for this covering all states on a real time basis is under preparation, the Supreme Court was told today. A bench comprising...
by AIP Online Bureau | Feb 8, 2018 | Indian News
New Delhi: Government seems to be losing no time for kick starting the process to merge the three public sector general insurers- United India Insurance, Oriental Insurance Company and National Insurance company-.as announced by Finance Minister Arun Jaitley in...
by AIP Online Bureau | Feb 8, 2018 | Indian News, Regulation
Mumabi: Six insures including CMD of National Insurance Company (NIC), K Sanath Kumar have been appointed as the Insurance Ombudsmen. K Sanath Kumar, CMD, National Insurance Company Last week a panel headed by the TS Vijayan, chairman, IRDAI had completed the...
by AIP Online Bureau | Feb 8, 2018 | International News
Chicago: World Bank has raised a record USD1.36 billion of earthquake catastrophe bond.The largest ever sovereign risk transfer protects World Bank against natural hazard exposure in four countries The bond, which mitigates balance sheet risk for the...
by AIP Online Bureau | Feb 8, 2018 | International News, Reinsurance
Paris: French reinsurance major SCOR grew P&C reinsurance renewal premiums by 3.7 per cent at constant exchange rates at the January 2018 renewals, from EUR 3.0 billion to EUR 3.1 billion. With reinsurance pricing broadly improving across...
by AIP Online Bureau | Feb 8, 2018 | International News, Reinsurance
Zurich: Swiss Re Ltd. is in preliminary discussions with Japan's SoftBank Group Corp. on a potential minority investment in the Swiss reinsurer, the Zurich-based group said Wednesday. The statement followed a report in the Wall Street Journal that the two...
by AIP Online Bureau | Feb 7, 2018 | Indian News
Mumbai: The Reserve Bank kept the repo rate- the rate at which the central bank lends to banks – unchanged at 6 per cent for the third consecutive time today in view of firming inflation. The reverse repo rate, the rate it pays banks for parking surplus...
by AIP Online Bureau | Feb 7, 2018 | International News
Hannover: Hannover, world’s third largest reinsurer, has said all in all, 1 January the renewal season passed off successfully for the company The treaty renewals as at 1 January 2018 were shaped by the very substantial natural catastrophe losses of 2017,...
by AIP Online Bureau | Feb 7, 2018 | Health, Indian News
Leading healthcare providers Apollo Hospitals and Fortis Healthcare have said private sector can play a key role in ensuring quality healthcare in the country as it lauded the National Health Protection Scheme announced by the government. "In my...
by AIP Online Bureau | Feb 6, 2018 | Indian News, Risk Management
NEW DELHI: The government on Tuesday admitted that there had been incidents of money being fraudulently withdrawn from bank accounts using the customers' Aadhaar number. As per the information, at least six such cases had been reported by four...
