by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation
The corporation now has to achieve 10 per cent public shareholding on or before May 16, 2027 Mumbai: The capital market regulator Sebi has allowed Life Insurance Corporation(LIC) three more years from now to comply with its minimum public shareholding (MPS) norms of...
by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
”This is the biggest geomagnetic storm since 2003 in terms of its strength, as the flaring region on the Sun was as big as the historically important Carrington event that took place in 1859,” ISRO said in a statement. Bengaluru: A powerful solar storm...
by AIP Online Bureau | May 15, 2024 | Facts, Health
With dedicated sections on both dry and wet cough management, considerations regarding red flags, appropriate times for specialist referral, the relevance of fixed-dose combinations (FDCs), and a critical examination of banned FDCs in India, the booklet offers...
by AIP Online Bureau | May 15, 2024 | Disaster & Management, Eco/Invest/Demography, Health, International News, Risk Management, Workplace/Employee Benefits
“Heatwaves have always happened. But the additional heat, driven by emissions from oil, gas and coal, is resulting in death for many people.” In the Philippines, one of the worst-hit countries, authorities issued health warnings, shut down schools and...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
Out of the total allocation of 4,32,57,009 equity shares to the anchor investors, 1,44,96,570 equity shares were allocated to 11 domestic mutual funds through a total of 23 schemes amounting to almost Rs 394.31 crore which is 33.51 per cent of the total anchor book...
by AIP Online Bureau | May 14, 2024 | Briefs, Non-Life
The government has made some temporary arrangements to manage the day to day functioning of New India Assurance after Neerja Kapur retired as CMD of the company in Apr end. The ministry of finance on Monday has entrusted the financial, administrative powers and...
by AIP Online Bureau | May 14, 2024 | Briefs, Non-Life, Technology
Aurm, a Bangalore based firm securing vault services has announced a strategic partnership with TATA AIG General Insurance to provide comprehensive insurance coverage up to Rs 25 lakh to Aurm customers for their entrusted valuables. Aurm partners with banks and real...
by AIP Online Bureau | May 14, 2024 | Indian News, Non-Life, Technology
Kishore Poludasu, MD & CEO, SBI General Insurance This platform allows customers to aggregate their insurance portfolio through an electronic Insurance Account (eIA) and conveniently manage it through a one-stop digital platform-BIMA Central Mumbai: SBI General...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Sam Warnes, Director Marine Cargo commented, “This facility complements our other cargo war offerings such as our Black Sea Grain facility and $300m facility offering cover in the Red Sea and other high risk war areas.” London: WTW, a leading global advisory, broking...
by AIP Online Bureau | May 14, 2024 | Indian News, Risk Management
A bench presided over by Justice Bela M Trivedi said that the very purpose and object of the Consumer Protection Act, 2019 was to provide protection to consumers from unfair practices and unethical business practices only, adding that the legislature never intended to...