by AIP Online Bureau | Jul 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
M Nagaraju, Secretary,Department of Financial Services “Secretary directed private sector banks to increase their participation in implementation of govt schemes. He stressed upon fast settlement of the claims under Jansuraksha schemes, augmentation of banking...
by AIP Online Bureau | Jun 30, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life
Generali will be holding a 74% stake while Central Bank of India will be holding up to 26% in the joint venture Jaime Anchústegui, deputy CEO, Insurance, Generali Group, commented: “We are pleased to announce this new chapter for our business in India together with...
by AIP Online Bureau | Jun 30, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
“The Hyderabad facility is fully insured, and we are in the process of initiating the necessary claims as per standard procedures. We remain committed to resuming operations at the earliest, with enhanced focus on safety, risk mitigation, and operational...
by AIP Online Bureau | Jun 30, 2025 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Regulation
P. Jaipuria, secretary general, Insurance Institute of India, S.N. Bhattacharya, Secretary General, Life Insurance Council, Sat Pal Bhanoo, CEO & MD (In-charge), Life Insurance Corporation, Inderjeet Singh, Secretary General Insurance Council, Kavita...
by AIP Online Bureau | Jun 30, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Shipping rates for supertankers, which can carry 2 million barrels of oil, jumped over the past week before the ceasefire – more than doubling to over $60,000 a day. Rates were quoted around $50,000 a day on Thursday, freight data showed. “Tanker rates …...
by AIP Online Bureau | Jun 30, 2025 | Eco/Invest/Demography, International News, Technology
“Clients would hear us talking about using AI and say, We want our fair share of those efficiencies. We certainly, as appropriate, give our clients the pricing benefit of the efficiencies we’re achieving. Like it’s competitors, PwC helps clients integrate...
by AIP Online Bureau | Jun 29, 2025 | Indian News, Non-Life, Regulation, Reinsurance
The affirmation of the ratings on GIC Re SA reflects S&P’s expectation that the insurer will continue to benefit from ongoing financial and operational support from its wholly owned parent, GIC Re . GIC Re SA benefits from rating uplift due to the support of...
by AIP Online Bureau | Jun 29, 2025 | Data, Non-Life
In an order dated June 6, the national commission said that the doctor’s hospital did not obtain “informed consent” for surgery, and the baby suffered injuries on his scalp and perichondritis of the ears, evidenced by the discharge summary of the...
by AIP Online Bureau | Jun 29, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Latest data made available by National Securities Depository Limited (NSDL) showed that FPIs had bought stocks worth ₹8,915 crore in June so far. In April and May, the FPIs had accumulated stocks worth ₹4,223 crore and ₹19,860 crore, respectively. New Delhi: Foreign...
by AIP Online Bureau | Jun 29, 2025 | Indian News
Minister of State for Civil Aviation Murlidhar Mohol said the Aircraft Accident Investigation Bureau was conducting a full inquiry. It is being probed from all angles, including any possible sabotage. CCTV footage is being reviewed, and several agencies are involved....
