by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
HDFC Life has a debt: equity mix of 67:33 with 99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024 Mumbai:HDFC Life, one of India’s leading life insurance companies, announced thatit has crossed Rs 3 lakh crore in Assets Under...
by AIP Online Bureau | Jun 4, 2024 | Eco/Invest/Demography, Health, International News, Risk Management
“This is having a significant impact on the delivery of services at Guy’s and St Thomas’, King’s College Hospital NHS Foundation Trusts and primary care services in south east London,” the statement added London: The health service said...
by AIP Online Bureau | Jun 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Among key bills that may face delays include amendments to the Insurance Act, 1938, and the IRDAI Act to allow composite licensing for insurers and labour law implementation New Delhi: Prime Minister Narendra Modi retaining power in the general elections under...
by AIP Online Bureau | Jun 4, 2024 | Banking & Bancassurance, Indian News, Life, Regulation
PNB’s board in its meeting held today has accorded its approval for initiating the process of diluting 10 per cent stake of the bank in Canara HSBC Life Insurance Co Ltd, an associate company of the Bank, by listing the company in stock exchanges (BSE/NSE)...
by AIP Online Bureau | Jun 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
As part of the initial agreement, brokered by Howden, Allianz Trade and Saudi EXIM Bank have agreed to work in partnership to provide dedicated non-payment insurance for international exporters and banks to facilitate the trade of non-oil products to the Kingdom...
by AIP Online Bureau | Jun 4, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
by AIP Online Bureau | Jun 4, 2024 | Workplace/Employee Benefits
India’s robust economic growth, driven by record-beating figures, together with strong tax revenues, expanding digital infrastructure, and a resilient manufacturing sector, provides the new government a platform to launch next-generation reforms that could...
by AIP Online Bureau | Jun 4, 2024 | Indian News, Risk Management, Wealth Management/ Philanthropy
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier “If there...
by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management, Technology
The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota’s central Aichi prefecture headquarters on Tuesday Tokyo: A safety test scandal at Japanese automakers widened on Monday, with...
by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, Indian News, Policy
“A faster-than-anticipated pace of fiscal consolidation could pave the way for a sooner-rather-than-later sovereign rating upgrade for India,” the analysts said New Delhi: Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade...
