by AIP Online Bureau | Dec 16, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
In an exchange filing on Monday, HDFC Bank said that several of its group companies have received permission to invest in IndusInd Bank.These include HDFC Mutual Fund, HDFC Life Insurance Company, HDFC ERGO General Insurance Company, HDFC Pension Fund Management, and...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Policy, Regulation
The bill provides that the IRDAI may in the interest of the policyholders, specify by the regulations, the limits of any commission, remuneration or reward in any form payable to an insurance agent or an insurance intermediary, the manner of such payment, the manner...
by AIP Online Bureau | Dec 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The La Niña phenomenon is often linked with droughts in California, Argentina and Brazil, and the destructive flooding that recently swept Southeast Asia. These types of catastrophes have become a larger factor in setting terms for insurers, farmers and energy...
by AIP Online Bureau | Dec 15, 2025 | International News, Reinsurance
Greg Abel, CEO designate,Berkshire Hathaway Ajit Jain, 74, also a vice chairman, still oversees Berkshire’s insurance businesses. Investors had long viewed him as a CEO candidate, though Buffett has said Jain did not want the job The elevation of Greg Abel to replace...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Reinsurance
The government is also actively planning to disinvest in Life Insurance Corporation (LIC) shortly New Delhi/Mumbai: The Indian government held road shows in London and Singapore to assess investor interest for a minority stake sale in state-run GIC Re. Top officials...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News
Facing a shrinking domestic market and years of rock-bottom interest rates, Japan’s biggest banks have for years sought out overseas targets. TOKYO:Japan’s Mitsubishi UFJ Financial Group is in final talks to acquire a 20% stake in Indian non-bank financial...
by AIP Online Bureau | Dec 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
The new bill, named the Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India(SHANTI) Bill, 2025, drops a rule that let operators sue suppliers for equipment defects, a provision foreign suppliers have long opposed. Foreign suppliers include...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Minister of State for Finance Pankaj Chaudhary Gold and silver serve a dual role not only as a consumption item but also as an investment avenue, as they are considered safe assets for hedging against uncertainties.Thus, an increase in the price of gold or silver...
by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
A bench of Justices J K Maheswari and Vijay Bishnoi flagged the construction of illegal “dhabas” on both sides of national highways and expressways as a possible cause of road accidents and asked Solicitor General Tushar Mehta, who appeared in the matter...
by AIP Online Bureau | Dec 15, 2025 | Indian News, Life, Non-Life, Policy, Regulation
Despite the Bill to hike FDI in the insurance sector to 100 per cent, one of the top officials — Chairman, Managing Director, or CEO — must be an Indian citizen.It also paves the way for the merger of a non-insurance company with an insurance company. New Delhi: The...
