by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management
The IRDAI’s board in its recent meeting had deliberated the issue and approved drafting and publishing the draft regulations on the proposed Indian Risk Based Capital Framework for stakeholder consultation.The issues which need to be addressed before launching...
by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News
Last month, the India Meteorological Department forecast below-average monsoon rains in 2026 for the first time in three years, raising concerns over farm output and economic growth in Asia’s third-largest economy, which, like other countries, already...
by AIP Online Bureau | May 16, 2026 | Indian News, Reinsurance
GIC Re appoints Rajesh Lahiri as new CFO in place of V. Balkrishna New Delhi: State owned GIC Re has infused USD 49 million (approximately Rs 469 crore) into the Corporation’s Labuan (Malaysia) Branch for maintaining solvency as required by the Labuan Financial...
by AIP Online Bureau | May 15, 2026 | Eco/Invest/Demography, Health, International News
“If you’re going on a cruise, you need to recognize the risk is higher. Dense socializing spaces, as well as shared food and water systems, can accelerate the spread of diseases, while limited medical equipment and staffing make curbing infections harder, said Abraar...
by AIP Online Bureau | May 15, 2026 | Health, Indian News, Life, Non-Life, Regulation
Ajay Seth, chairman, IRDAI Seth highlighted that in non-life Insurance sector, persistent rise in complaints signals systemic service issues.Health and motor claims are key drivers, highlighting growing policyholder friction and the need for targeted corrective...