by AIP Online Bureau | Jun 6, 2024 | Indian News, Life
Sameer Bansal, MD and CEO designate, PNB MetLife , Bansal had joined PNB MetLife India insurance in 2007 and is currently chief distribution officer and a member of the leadership team New Delhi: PNB MetLife India Insurance announced today the appointment of Sameer...
by AIP Online Bureau | Jun 5, 2024 | Indian News, Non-Life
Benjamin Watsa, chairman, Fairfax India Holdings Corp The firm also hired insider Gopalakrishnan Soundarajan as its new CEO, with effect from July 1, replacing Chandran Ratnaswami, who will transition to the role of executive vice chairman Toronto: Fairfax India...
by AIP Online Bureau | Jun 5, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Factors besides climate change — such as poor flood-control infrastructure and deforestation — played a role in making the floods more destructive. But it was the interplay between climate change and El Niño, the occasional warming of the eastern equatorial Pacific,...
by AIP Online Bureau | Jun 5, 2024 | International News, Policy, Regulation, Technology
Should the claimants prove that the Alphabet Inc. unit preferred its online advertising services over competitors between January 2014 and November 2022 they estimate damages as high as £13.6 billion ($17.4 billion) The UK’s Competition Appeal Tribunal unanimously...
by AIP Online Bureau | Jun 5, 2024 | Banking & Bancassurance, Non-Life, Regulation
In February, Zurich Insurance had said it would acquire a 70 percent stake in the insurance company for Rs 5,560 crore in a single tranche New Delhi: Kotak Mahindra Bank on Wednesday said it has received the Reserve Bank of India’s (RBI) approval to sell a 70...
by AIP Online Bureau | Jun 5, 2024 | Briefs, Intermediaries, Life, Non-Life, Regulation
Mumbai: Arka Fincap Limited, a NBFC and subsidiary of Kirloskar Oil Engines Limited (KOEL), has been granted license to act as a corporate agent (composite) by the Insurance Regulatory and Development Authority of India (IRDAI).Vimal Bhandari, executive vice chairman...
by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
To be sure, investors say the election outcome – with Modi’s alliance winning 293 of 543 lower-house seats – is unlikely to derail this trajectory, nor is India’s broadly stable currency and attractive debt market likely to be unduly ruffled....
by AIP Online Bureau | Jun 5, 2024 | International News, Non-Life, Reinsurance
Gobinath Athappan, chairman and CEO , Fairfax Asia He will be appointed chairman of Singapore Re after regulatory approval Toronto: Fairfax Financial Holdings Limited (Fairfax) has announced that Gobinath Athappan has been appointed chairman and chief executive...
by AIP Online Bureau | Jun 5, 2024 | Articles, Non-Life, Reinsurance, Risk Management, Technology
ICICI Lombard’s new study highlights how Electric Vehicles are driving the future transforming motor Insurance even as choosing insurance, premium cost and claim settlement experience are paramount. Notably, consumers are willing to invest in comprehensive coverage,...
by AIP Online Bureau | Jun 5, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
Ananth Narayan G, Whole Time Member, said, “In today’s era, Where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information. The SaaRsthi app...
