by AIP Online Bureau | Nov 26, 2024 | Indian News, Non-Life, Reinsurance
One more Lloyd’s Syndicate Volante has received a license from the Indian insurance regulator IRDAI to join the existing Lloyd’s platform in Mumbai while another major reinsurer Berkley Insurance Asia has ventured into the the Gujarat International Finance...
by AIP Online Bureau | Nov 26, 2024 | International News, Non-Life
“We see a more aggressive Russia, foreign partners have also spoken about it publicly, speaking about threats of sabotage acts. We can’t reject this scenario, but so far we can’t make any attributions or point fingers at anyone because there’s no such information.”...
by AIP Online Bureau | Nov 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
“With existing PAN database of 78 crore PANs and 73.28 lakh TANs, the project addresses the requirements of taxpayers, focusing on consolidation of multiple platforms/portals and efficient services to PAN/TAN holders,” Central Board of Direct Taxes (CBDT)...
by AIP Online Bureau | Nov 26, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Three schemes for ELI were announced in Union Budget 2024-25 as part of the Prime Minister’s package of five schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over 5 years with a central outlay of Rs 2 lakh...
by AIP Online Bureau | Nov 26, 2024 | International News, Non-Life, Reinsurance, Risk Management
OAK Re is launching Syndicate 2843 in collaboration with blue chip capital providers including Bain Capital and Hampden Agencies, the largest provider of private capital to Lloyd’s. Polo Managing Agency is providing turnkey services for Syndicate 2843 LONDON: Oak...
by AIP Online Bureau | Nov 26, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Taking cognisance of a news report showing about 10.81 per cent increase of the glacial lakes in the last 13 years due to the rising temperatures, Justice Prakash Shrivastava and expert member A Senthil Vel said the report had outlined the sudden growth of these lakes...
by AIP Online Bureau | Nov 26, 2024 | Eco/Invest/Demography, Indian News, Technology
“The PAN 2.0 Project resonates with the vision of the Government enshrined in Digital India by enabling the use of PAN as Common Identifier for all digital systems of specified government agencies,” an official release said New Delhi: The government on...
by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, Indian News, Policy
Amidst a clouded global background, and after a brief period of softening momentum over the monsoon months, the report said, many high-frequency indicators of economic activity in India have shown a rebound in October. These include indicators of rural and urban...
by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Minister of State for Finance Pankaj Chaudhary informed the House that revenue generated from GST on healthcare and life insurance services was Rs 8,263 crore and Rs 8,135 crore, respectively during fiscal 2023-24, as against Rs 7,638 crore and Rs 9,132 crore in the...
by AIP Online Bureau | Nov 25, 2024 | Indian News, Life, Risk Management, Technology
The company, in its statement, did not elaborate if the source had obtained the data by breaching the company’s security, or what data was shared Mumbai: HDFC Life Insurance Company said on Monday that an unknown source shared certain customer data with the...
