by AIP Online Bureau | Jul 11, 2023 | Briefs, Life
Edelweiss Tokio Life Insurance has launched Zindagi Protect, a term insurance plan that offering three optional benefits – child’s future protect benefit, better half benefit, and premium break benefit. Subhrajit Mukhopadhyay, executive director, Edelweiss Tokio Life...
by AIP Online Bureau | Jul 11, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
In comparison, equity mutual funds logged an inflow of Rs 3,240 crore in May and Rs 6,480 crore in April. Before that, the number was Rs 20,534 crore in March, data released by the Association of Mutual Funds in India (Amfi) showed on Monday Mumbai: Strong inflow in...
by AIP Online Bureau | Jul 10, 2023 | International News, Non-Life, Reinsurance
Christian Sandric In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced...
by AIP Online Bureau | Jul 10, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
With $131 billion of total premium in 2022, currently, India is the 10th largest market in the world where US, China and UK are the top three largest markets India’s life insurance premium market, with a premium of $100 billion, that has grown by 8.2 per cent in...
by AIP Online Bureau | Jul 10, 2023 | Disaster & Management, Indian News, Non-Life
Floodwaters entered the premises of the Rajpura Thermal Power Plant here, leading to the shutdown of one of its 700 MW units, they said Patiala: Punjab’s Patiala district was reeling under a flood-like situation following heavy monsoon rainfall, with authorities...
by AIP Online Bureau | Jul 9, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | Jul 9, 2023 | Briefs, Eco/Invest/Demography, Life
Tata AIA Life Insurance (Tata AIA), has launched its first dedicated Small-Cap fund, Tata AIA Small Cap Discovery Fund. The New Fund will offer policyholders the opportunity to generate capital appreciation in the long-term by investing in small-cap market...
by AIP Online Bureau | Jul 9, 2023 | Data, Eco/Invest/Demography, Technology
”The Indian startup ecosystem reported the lowest six-month funding in the last four years in H1CY23 at USD 3.8 billion across 298 deals – a decline of nearly 36 per cent as compared to H2 CY22 (USD 5.9 billion). Fintech, SAAS and D2C continued to be the...
by AIP Online Bureau | Jul 9, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Finance Minister Nirmala Sitharaman Some of the challenges highlighted during the meeting between Finance Minister Nirmala Sitharaman and heads of public sector banks included the declining share of market share in terms of advances, and low-cost deposit mobilisation...
by AIP Online Bureau | Jul 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life
Northwest India has seen incessant rainfall over the last two days, with many areas in Uttarakhand, Himachal Pradesh, Haryana, Uttar Pradesh and Rajasthan recording ”heavy to very heavy” precipitation This has resulted in overflowing rivers, creeks and...