by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Despite ranking among the world’s ten largest insurance markets, India remains significantly underinsured, with insurance penetration of 3.8 per cent of GDP, a report by Allianz said, adding that with only about 46 per cent of the working-age population...
by AIP Online Bureau | Jun 3, 2026 | Disaster & Management, Eco/Invest/Demography, International News
The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years, as a combination of climate change, urbanization and inflation mean disasters are getting more costly when they hit. In North America, the gap between insured and...
by AIP Online Bureau | Jun 3, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance, Technology
“India continues to play a critical role in our global operations, and this investment reflects our long-term commitment to growing our capabilities here. By expanding our presence with a modern, highly collaborative environment, we are strengthening connectivity,...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Shivraj Singh Chouhan,Union Minister for Agriculture and Farmers’ Welfare, and Rural Development, directed that in those states and districts where the possibility of low rainfall, long dry spells or relatively higher impact of El Niño exists, special monitoring,...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The latest flare-up, which lifted oil prices by more than 1% in early trade on Wednesday, comes more than three months after the initial U.S. and Israeli strikes on Iran, with the conflict mired in a stalemate under a shaky ceasefire and the Strait of Hormuz largely...
