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...
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...
