by AIP Online Bureau | Aug 18, 2025 | International News, Reinsurance
Non-IFRS 17 RankIFRS 17 RankCompany NameLife & Non-Life Reinsurance Premiums (GPW)Life & Non-Life Reinsurance Revenue (Gross)Total Share-holders Funds2Combined Ratio3 1Swiss Re Ltd.361812324089.9 2Munich Reinsurance Company325553411277.3 3Hannover Rück...
by AIP Online Bureau | Aug 18, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation
Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...
by AIP Online Bureau | Aug 18, 2025 | Health, Indian News, Non-Life
Shares of insurance companies such as ICICI Prudential , SBI Life, and LIC jumped 2%-4%.The rise in auto, insurance and consumer firms stocks helped the wider market rise over 1% Analysts have said as per the current rules, the GST rate of 5% or zero does not qualify...
by AIP Online Bureau | Aug 18, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation
Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as – setting up of International Financial Services Centres Authority (IFSCA) as a unified...
by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“Artificial Intelligence (AI) and deepfakes are indeed real challenges for us. Just yesterday, an X handle had shared an AI-generated video that was far from truth.” Gyanesh Kumar,Chief Election Commissioner New Delhi: Chief Election Commissioner Gyanesh...
by AIP Online Bureau | Aug 17, 2025 | Data, Eco/Invest/Demography
“Access to formal finance is essential for the development and growth of women entrepreneurship in India. While, women firm owners face disadvantages in securing formal loans compared to men firm owners, the use of digital technology provides a ray of hope in...
by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...
by AIP Online Bureau | Aug 17, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Risk Management, Technology
Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer...
by AIP Online Bureau | Aug 17, 2025 | Data, Risk Management, Workplace/Employee Benefits
“Our study sheds light on how subtle forms of workplace mistreatment can silently erode employees’ creative potential. Organisations must create an environment where support, respect, and open dialogue are the norm to unlock true innovation,” Rishab...
by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy
Presently, the total tax incidence on cars, depending on engine capacity and length, ranges from 29 per cent for small petrol cars to 50 per cent for SUVs. Sources said, as per the Centre’s proposal for moving the GST system to a two-tier rate structure of 5 and 18...
