by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Policy
A Revanth Reddy,Chief Minister, Telanngana ”The state government adopted the Pradhan Mantri Fasal Bima Yojana (PMFBY) again to safeguard the farmers from the hardships in farming,” a state government release said Friday night Hyderabad: The Telangana...
by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy
Prem Watsa, CEO, Fairfax Financial Digit now plans to market its IPO to prospective investors over the next month and targets a listing by May, said a person with direct knowledge of the matter It plans to raise Rs 12.5 billion rupees ($151 million) through its...
by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Reinsurance
Although the company’s five-year average combined ratio was 104.8%, it has consistently outperformed the domestic general insurance market in India SINGAPORE: Announcing its ratings for the first ever Indian private sector general insurance company, international...
by AIP Online Bureau | Mar 2, 2024 | Data, Eco/Invest/Demography, Health, Non-Life
The impact of issues such as climate change, disruptions caused by the COVID-19 pandemic, and the war in Ukraine risk worsening both rates of obesity and underweight, by increasing poverty and the cost of nutrient-rich foods,” said Guha Pradeepa, study co-author...
by AIP Online Bureau | Mar 1, 2024 | Indian News, Life
From (Lto R), Siddhartha Mohanty, chairperson handing over a cheque of Rs Rs 2,441.44 crore to Nirmala Sitharaman, finance minister, as an interim dividend to the government. Vivek Joshi, Secretary, Financial Services and M P Tangirala, additional secretary,...
by AIP Online Bureau | Mar 1, 2024 | Banking & Bancassurance, Indian News, Non-Life
The move follows a May 2023 resolution by the bank’s board to increase the bank’s holding ICICI Lombard by another 4 per cent in multiple tranches Mumbai: Private sector lender ICICI Bank on Thursday said it has bought an additional 25.14 lakh shares of...
by AIP Online Bureau | Feb 29, 2024 | Indian News, Non-Life, Policy
The new head office of Chennai based United India Insurance, which was inaugurated by Union Finance minister Nirmala Sitharaman, virtually, on Friday The DFS now has prepared a new list of five general managers(GMs)- BS Rahul, Agriculture Insurance...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
“The media companies involved have incurred losses due to a less competitive market, which is a direct result of Google’s misconduct,” a statement issued by their lawyers Geradin Partners and Stek said BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...
by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
“Surveillance-based business models pose all kinds of problems under the GDPR and it’s time for data protection authorities to stop Meta’s unfair data processing and its infringing of people’s fundamental rights,” Ursula Pachl, deputy...
