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New Mandatory Norms:IRDAI asks insurers to disclose KMP pay metrics, Policyholder Service performance on websites

New Mandatory Norms:IRDAI asks insurers to disclose KMP pay metrics, Policyholder Service performance on websites

by AIP Online Bureau | May 26, 2026 | Indian News, Life, Non-Life, Regulation, Risk Management

Ajay Seth, chairman, IRDAI “Evolving expectations of customers and needs of the economy require us to place greater emphasis on measurable customer outcomes, transparency in decision-making, responsiveness, and sustainable value creation. Accordingly, the...
GIC Re Q4 profit rises 3% to Rs 2,254 crore with underwriting profit, pays dividend of Rs 13.25 per share

GIC Re Q4 profit rises 3% to Rs 2,254 crore with underwriting profit, pays dividend of Rs 13.25 per share

by AIP Online Bureau | May 26, 2026 | Indian News, Life, Non-Life, Reinsurance

GIC Re’s Combined ratio improved marginally to 103.43 per cent in Q4FY26 from 103.56 per cent a year earlier “On the back of disciplined underwriting, consistent execution, and our strategic approach, we hope and believe that we will continue to improve and...
US launches new strikes as talks stall,Iran says strikes violate ceasefire

US launches new strikes as talks stall,Iran says strikes violate ceasefire

by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Marco ​Rubio,U.S. Secretary of State Following strikes against targets that the U.S. said ​included boats attempting to lay mines and missile launch sites, U.S. Secretary of State Marco ​Rubio told reporters on his plane in India’s Jaipur that the Strait of...
Private credit losses could hurt insurers more than banks, ECB warns

Private credit losses could hurt insurers more than banks, ECB warns

by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Private credit has been rattled in recent months by concerns about overspending on artificial intelligence, the technology’s disruptive power notably as regards the software industry and doubts over lending standards.The ECB said that the upstart industry in isolation...
OpenAI’s Altman says AI unlikely to trigger ‘Jobs Apocalypse’

OpenAI’s Altman says AI unlikely to trigger ‘Jobs Apocalypse’

by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Technology

Sam Altman,CEO,OpenAI Sam Altman said he and his executives had been “roughly right” on the technological predictions made by OpenAI when it launched ChatGPT in 2022. But he said they were “pretty wrong” on the social and economic implications. OpenAI CEO Sam Altman...
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