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AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy

AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy

by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology

Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
India seeks to quell public backlash on ethanol-mixed fuel after ‘experiment’ remark

India seeks to quell public backlash on ethanol-mixed fuel after ‘experiment’ remark

by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Policy

The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi’s government and motorists in the world’s third-biggest car market. NEW DELHI: India’s government...
World’s biggest domain seller fears India’s fake site crackdown could damage internet

World’s biggest domain seller fears India’s fake site crackdown could damage internet

by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Regulation, Technology

Starting in 2019, lawsuits were brought by dozens of Indian and global firms – Amazon against fake shopping sites trading on its name and McDonald’s complaining against bogus sites offering franchises. In December, an Indian court blocked more than 1,100...
IRDAI plans commission overhaul to curb insurance mis-selling

IRDAI plans commission overhaul to curb insurance mis-selling

by AIP Online Bureau | Jul 4, 2026 | Indian News, Regulation

There have been concerns that hefty upfront commissions encourage distributors to prioritise ​sales volumes over customer suitability, resulting in mis-selling and customers being pushed into purchasing policies frequently. MUMBAI: India’s insurance regulator is...
Allianz warns of rising uninsurable assets

Allianz warns of rising uninsurable assets

by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
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