by AIP Online Bureau | Apr 25, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy
Nirmala Sitharaman,Union Finance Minister “The underlying principle is because the digital currencies are completely digitalised and technology-driven, the technology, which is very distributed, and sometimes identity is very difficult to be established, but...
by AIP Online Bureau | Apr 25, 2023 | Indian News, Life
In terms of new business premiums collected, it continues to hold a market share of 62.58 per cent as on March 2023 Mumbai: The total premium of Life Insurance Corporation of India (LIC) collected for fiscal 2022-23 grew 16.67 per cent to Rs 2.32 trillion from Rs 1.99...
by AIP Online Bureau | Apr 24, 2023 | Indian News, Non-Life, Reinsurance, Technology
G Srinivasan, director, former CMD, New India Assurance Agam was founded in 2016 by Avi Katz and Chak Raghunathan with the vision to create a cutting edge differentiated analytical platform Mumbai: Agam Capital, an analytics driven platform strategically partnering...
by AIP Online Bureau | Apr 24, 2023 | Data, Non-Life, Reinsurance, Risk Management
Rising policyholder awareness of the multi-faceted cyber threat continues to boost demand for coverage. Rapid recent premium growth and a reduction in claims experience in 2022 led to a strong recovery in results for the US Cyber insurance line following two...
by AIP Online Bureau | Apr 24, 2023 | Indian News, Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits
In a regulatory filing on Friday, HDFC Life Insurance Company has said that Reserve Bank of India (RBI) has permitted HDFC Bank or HDFC to increase their shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to...
by AIP Online Bureau | Apr 24, 2023 | Indian News, Life, Non-Life
Tax authorities estimate that 16 insurance companies in all owe the government about Rs 50 billion rupees ($610 million) in unpaid taxes, interest and penalties since July 2017, when India implemented goods and services tax (GST), two sources said NEW DELHI:...
by AIP Online Bureau | Apr 23, 2023 | Indian News, Wealth Management/ Philanthropy
According to the plan, the base fees currently charged for mutual funds would be reduced and additional charges would be based on performance Mumbai: India’s market regulator is planning to permit a new category of mutual fund schemes where asset managers’...
by AIP Online Bureau | Apr 23, 2023 | Facts, Health, Workplace/Employee Benefits
The study, which involved a sleeping aid known as suvorexant that is already approved by the Food and Drug Administration (FDA) for insomnia, hints at the potential of sleep medications to slow or stop the progression of Alzheimer’s disease, although much more...
by AIP Online Bureau | Apr 23, 2023 | Facts, Health, Workplace/Employee Benefits
While our body finely tunes insulin production, patients who are treated with insulin or drugs that stimulate insulin secretion often experience hypoglycemia, a condition that if gone unrecognized and untreated can result in seizures, coma and even death, which...
by AIP Online Bureau | Apr 23, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life
Both the bidders Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group want finality, certainty, transparency, no negotiation in value or on terms and conditions, after the second round of auction is over, they said. Mumbai: Ahead of the...