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Bajaj Allianz Life Superwoman Term launched

by AIP Online Bureau | Apr 10, 2025 | Briefs, Health, Life

Bajaj Allianz Life Insurance, has launched Bajaj Allianz Life Superwoman Term (SWT), a comprehensive protection solution exclusively for women. This pioneering solution goes beyond traditional life insurance, offering financial security with term insurance benefits,...
Union govt, NDMA can ask banks to waive loans of Wayanad landslides victims: Kerala HC

Union govt, NDMA can ask banks to waive loans of Wayanad landslides victims: Kerala HC

by AIP Online Bureau | Apr 10, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News

A bench of Justices A K Jayasankaran Nambiar and Easwaran S said it will pass orders “nudging” the Centre and the NDMA to ask the banks to waive off the loans Kochi: The Kerala High Court on Thursday said that while the RBI cannot ask banks to waive the...
Slow down: Indian general insurance industry grows premium by just 6.2% to almost Rs 3.08 trillion in FY 25

Slow down: Indian general insurance industry grows premium by just 6.2% to almost Rs 3.08 trillion in FY 25

by AIP Online Bureau | Apr 9, 2025 | Health, Indian News, Non-Life

The top five players -New India Assurance(with a market share of 12.56 per cent), ICICI Lombard General Insurance(8.72 per cent), Bajaj Allianz General Insurance(6.96 per cent), United India Insurance(6.53 per cent), Oriental Insurance(6.45 per cent) , have expanded...
SC summons MoRTH top officials for failing to implement `golden hour’ scheme for road accident victims

SC summons MoRTH top officials for failing to implement `golden hour’ scheme for road accident victims

by AIP Online Bureau | Apr 9, 2025 | Indian News, Non-Life, Policy

Sources in the industry pointed out that the MoRTH has already transferred around Rs 450 crore , mobilised by the general insurers to be spent in `golden hour’ treatment,  to its own account so that it can implement the scheme directly without involving the insurers...

Asset valuer appointed for IDBI Bank; govt deliberating on share purchase pact: DIPAM secretary

by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, Indian News, Life, Policy

The privatisation of IDBI Bank has been in process for over two and a half years. In October, 2022, when the government, together with LIC, had invited EoI from investors for privatising IDBI Bank by selling a total of 60.72 per cent stake. This includes a 30.48 per...
Global energy insurance market continues to soften with capacity at an all-time high: Willis

Global energy insurance market continues to soften with capacity at an all-time high: Willis

by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

In Asia, insurance capacity from Asian-based insurers remains very strong. Over the last two years, some insurers have set up new and expanded capacity in the region due to market profitability in the downstream sector. This is coupled by an increased demand from...
Soaring civil unrest and protest activity concerns companies and insurers: Allianz

Soaring civil unrest and protest activity concerns companies and insurers: Allianz

by AIP Online Bureau | Apr 9, 2025 | Articles, Eco/Invest/Demography, Risk Management

More than 80,000 incidents in top 20 countries connected to protest and riot activities around the world during 2024, Religious and politically motivated terrorism a major concern for governments and companies in the year ahead. Asia Pacific is the region with the...
RBI cuts rates by 25 bps for a second time as US tariffs add to growth risks

RBI cuts rates by 25 bps for a second time as US tariffs add to growth risks

by AIP Online Bureau | Apr 9, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management

Sanjay Malhotra, Governor, Reserve Bank of India RBI has lowered the GDP growth forecast to 6.5 per cent from earlier projection of 6.7 per cent due to global uncertainties. The RBI lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per...
FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London

FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London

by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Technology

The key priorities for the India-UK Economic and Financial Dialogue on the Indian side have been flagged as cooperation in IFSC GIFT City, investment, insurance and pension sectors, fintech and digital economy, and mobilising affordable and sustainable climate finance...
Govt showcases new Aadhaar app for instant authentication, says verification will be as simple as UPI payment

Govt showcases new Aadhaar app for instant authentication, says verification will be as simple as UPI payment

by AIP Online Bureau | Apr 8, 2025 | Eco/Invest/Demography, Indian News, Technology, Workplace/Employee Benefits

“Now with just a tap, users can share only the necessary data, giving them complete control over their personal information – New Aadhaar App (in beta testing phase)… Aadhaar verification becomes as simple as making UPI payment. Users can now...
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