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by AIP Online Bureau | Jul 25, 2025 | Workplace/Employee Benefits

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AXA wins $908 million UK court ruling against Santander over protection insurance

AXA wins $908 million UK court ruling against Santander over protection insurance

by AIP Online Bureau | Jul 25, 2025 | International News, Non-Life, Reinsurance

AXA sued at London’s High Court in 2021 over losses related to over 650,000 individual customer complaints about PPI policies, one of Britain’s costliest retail financial scandals, with banks paying out around 40 billion pounds in compensation. LONDON:...
IRDAI imposes a stiff penalty of Rs 3.39 crore on Star Health for violating cyber security laws

IRDAI imposes a stiff penalty of Rs 3.39 crore on Star Health for violating cyber security laws

by AIP Online Bureau | Jul 25, 2025 | Health, Indian News, Non-Life, Regulation, Risk Management, Technology

A significant data leak from Star Health Insurance was reported in Aug, 2024, affecting approximately 3.1 crore customer records. The data, including mobile numbers, PAN details, addresses, and medical information, was allegedly accessible through a website created by...
SBI Life’s net profit rises 14% to Rs594 crore in Q1 FY 25

SBI Life’s net profit rises 14% to Rs594 crore in Q1 FY 25

by AIP Online Bureau | Jul 24, 2025 | Indian News, Life

SBI Life’s Value of New Business (VoNB) stands at Rs.1,088 crores with a growth of 12% during the reporting period. The company’s VoNB Margin was at 27.4% in Q1FY 25 Mumbai: SBI Life Insurance, the largest private sector life insurer in the country, has...
Christiern Dart appointed as CEO of MS Amlin

Christiern Dart appointed as CEO of MS Amlin

by AIP Online Bureau | Jul 24, 2025 | Workplace/Employee Benefits

,Christiern Dart, CEO-Designate, MS Amlin Christiern brings more than three decades of leadership experience in international (re)insurance markets and will assume his role at a time of continued high performance at MS Amlin LONDON: MS Amlin, the Lloyd’s global...
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  • AXA wins $908 million UK court ruling against Santander over protection insurance
  • IRDAI imposes a stiff penalty of Rs 3.39 crore on Star Health for violating cyber security laws
  • SBI Life’s net profit rises 14% to Rs594 crore in Q1 FY 25
  • Christiern Dart appointed as CEO of MS Amlin

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