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No insurers have revised premiums upward after GST relief announcement:Govt

No insurers have revised premiums upward after GST relief announcement:Govt

by AIP Online Bureau | Feb 10, 2026 | Health, Indian News, Life, Policy

The IRDAI collected prevailing premium rates as of September 3, 2025, and has been regularly monitoring premiums for new policies as well as renewals to ensure that insured individuals receive the intended benefit, Union Finance Ministry, Minister of State (MoS)...
Retail vehicle sales jump 17.61% in Jan as rural demand surges

Retail vehicle sales jump 17.61% in Jan as rural demand surges

by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life

In the passenger vehicle category, rural markets outperformed urban centers significantly. While urban growth stood at 2.75 per cent, rural registrations grew by 14.43 per cent. This trend indicates a structural expansion of demand into non-metro India, driven by a...

IBAI appoints Pranav Kapadia as Dy Secy General

by AIP Online Bureau | Feb 9, 2026 | Intermediaries, Non-Life

Insurance Brokers Association of India (IBAI) has announced the appointment of  Pranav Kapadia as its Deputy Secretary General, effective February 2, 2026.In his new role, Kapadia will focus on strengthening IBAI’s mission of protecting broker interests while...
Aon and KNIAZHA VIENNA INSURANCE GROUP announce new $25M war-risk insurance facility with US’s IDFC

Aon and KNIAZHA VIENNA INSURANCE GROUP announce new $25M war-risk insurance facility with US’s IDFC

by AIP Online Bureau | Feb 9, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Greg Case, president and CEO of Aon The facility, which will provide reinsurance coverage from DFC on a portfolio of war risk insurance policies up to $100 million, will enable KNIAZHA VIG to deliver comprehensive, innovative war-risk insurance solutions to SMEs and...
India needs $22.7 trillion investment to achieve net zero target by 2070: Niti study

India needs $22.7 trillion investment to achieve net zero target by 2070: Niti study

by AIP Online Bureau | Feb 9, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Of the total, approximately USD 8 trillion must be front-loaded by 2050, including nearly USD 5 trillion in the power sector, given the capital-intensive nature of most low-carbon technologies. New Delhi: India will need investments totalling USD 22.7 trillion to...
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