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MS Amlin launches new credit and political risk offering in MENA, eyes India and Africa opportunities

MS Amlin launches new credit and political risk offering in MENA, eyes India and Africa opportunities

by AIP Online Bureau | Feb 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“We see exciting opportunities in India, and on the African continent, which are both experiencing a significant influx of foreign investment. We believe this will create growing demand across a number of speciality lines, most notably credit and political risk.”...
Due diligence of qualified bidders for IDBI Bank underway: MoS Finance

Due diligence of qualified bidders for IDBI Bank underway: MoS Finance

by AIP Online Bureau | Feb 10, 2025 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation

The government, along with LIC, is selling nearly 61 per cent stake in IDBI Bank. This includes a 30.48 per cent stake of the Government of India and 30.24 per cent of LIC New Delhi: The due diligence of qualified bidders for IDBI Bank, which is up for privatisation,...
IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14

IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14

by AIP Online Bureau | Feb 10, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation

Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to do a plain speaking to the insurers who have not taken their Bima Sugam job seriously. IRDAI chairman Debasish Panda will address CEOs of non-life insurance companies on 13th Feb and life companies...
New India‘s 16% topline surge boosts industry’s prm growth 7% to Rs 29,000 cr in Jan

New India‘s 16% topline surge boosts industry’s prm growth 7% to Rs 29,000 cr in Jan

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

`After January, we are now making efforts to maintain a healthy topline growth till the end of the year. We are giving  a very strong thrust towards risk selection, bringing  in greater accountability and monitoring  mechanisms have been strengthened....
Disaster Recovery: Rebuilding Turkiye with resilience

Disaster Recovery: Rebuilding Turkiye with resilience

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

Shaken by a series of devastating earthquakes,Türkiye has integrated climate adaptation and disaster risk reduction into national development plans and institutional frameworks are being strengthened to enhance preparedness. Nevertheless, urgent action is needed to...

Govt looking at procedural easing to further promote FDI, says official

by AIP Online Bureau | Feb 9, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

The department for promotion of industry and internal trade (DPIIT) has held stakeholder consultations with different government departments, regulators, industry associations, advisory and law firms, pension funds, private equity and venture capitals. New Delhi: The...

New Income Tax Bill set to be tabled in Parliament next week

by AIP Online Bureau | Feb 9, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Before the Income Tax Bill was cleared by the Cabinet, people in the know said that the legislation would likely provide directions to widen the tax net, given the contraction in the tax base following the exemption limit being raised to Rs 12 lakh in the Union Budget...
Sebi mulls changes in secretarial compliance report format, auditors’ appointment norms for cos

Sebi mulls changes in secretarial compliance report format, auditors’ appointment norms for cos

by AIP Online Bureau | Feb 9, 2025 | Eco/Invest/Demography, Indian News, Regulation

In its consultation paper, Sebi has proposed changes to improve the format and content of the Annual Secretarial Compliance Report (ASCR), aiming for more explicit confirmation of compliance with securities law New Delhi: To strengthen corporate governance at listed...

FPIs’ exit continues; withdraw Rs 7,300 cr from equities in a week

by AIP Online Bureau | Feb 9, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that a key driver of the outflow was global trade tensions, as the United States imposed tariffs on countries including Canada, Mexico, and China, heightening fears...
LIC’s net profit rises 17% to Rs 11,056 crore in Q3FY25

LIC’s net profit rises 17% to Rs 11,056 crore in Q3FY25

by AIP Online Bureau | Feb 7, 2025 | Eco/Invest/Demography, Indian News, Life

Siddhartha Mohanty, CEO & MD, LIC The value of new business (VNB) margin of the corporation has also improved to 17.1 per cent for the nine months period ended December 31st 2024, as compared to 16.6 per cent for the same period last year. Mumbai: Life Insurance...
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