by AIP Online Bureau | Mar 19, 2024 | Briefs, Non-Life, Reinsurance
Us based Lockton, which has set up its operations in India recently, has appointed Mukul Bhatia, Irfan Shirwani, and Prasanna Hunur as team members in the country .These key additions will support Sandeep Dadia, chief executive officer of Lockton in India, in driving...
by AIP Online Bureau | Mar 18, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation, Technology
Bima Sugm will be officially called as Rashtriya Bima Sugam Nigam Ltd, built with an intial corpus of Rs 200 crore and the shareholding of the company will be widely held amongst life insurers, general insurers and health insurers with no single entity having...
by AIP Online Bureau | Mar 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Activity from Somali pirates has dropped in recent years, but there has been growing concern it could resume amid the political uncertainty and wider chaos in the region that has included attacks on ships by Yemen’s Houthi rebels New Delhi: The Indian navy said late...
by AIP Online Bureau | Mar 18, 2024 | International News, Non-Life, Reinsurance
Thorsten Steinmann joins from Swiss Re, where he was most recently responsible for the reinsurance business in Germany, the Nordics, Austria, Central and Eastern Europe, the Netherlands, and Switzerland Hannover: The Supervisory Boards of Hannover Rück SE and E+S...
by AIP Online Bureau | Mar 18, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life
Financial Services Secretary Vivek Joshi said that the Assets Under Management (AUM) nearly tripled to Rs 60.04 lakh crore as on March 31, 2023 as compared to Rs 21.07 lakh crore in 2013-14, while total insurance premium recorded more than two-fold jump to Rs 10.4...
by AIP Online Bureau | Mar 18, 2024 | Health, Indian News, Non-Life, Reinsurance
Anand Roy, MD & CEO of Star Health Insurance said, “This is a pivotal step in our expansion strategy, extending our reach beyond Indian borders and providing seamless access to our health insurance offerings for Non-Resident Indians (NRIs) and the global Indian...
by AIP Online Bureau | Mar 18, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry Emphasizing the importance of government support for startups, Singh highlighted that beyond funding, startups require orders from the government to kickstart their journey effectively. He...
by AIP Online Bureau | Mar 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits
“Companies have started giving work from home, as employees refuse to come to office citing water shortage. This is of course impacting operations because there is a whole new setup that needs to be done to cater to the sudden shift,” co-founder and CEO of...
by AIP Online Bureau | Mar 17, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The inflows came following a modest investment of Rs 1,539 crore in February and an outflow of Rs 25,743 crore in January, data with the depositories snowed New Delhi: FPIs came back strongly to invest in the Indian equity markets, buying shares worth Rs 40,710 crore...
by AIP Online Bureau | Mar 17, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation, Risk Management
The high court, which was hearing several petitions seeking a ban on the “illegal” sale of drugs online and challenging the draft rules published by the ministry to further amend the Drugs and Cosmetics Rules, listed the matter for further hearing on July...
