by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Once such a precedent is established, it becomes increasingly difficult to resist similar measures elsewhere, creating uncertainty for international shipping and global commerce,” wrote the group, which included the International Chamber of Shipping, BIMCO, the World...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology
Nirmala Sitharaman,Finance Minister The government is likely to allow a levy of 0.25 per cent to 0.4 per cent as merchant discount rate (MDR) or charges on UPI payments above Rs 2,000 made to businesses, while keeping payments made by one person to another outside the...
by AIP Online Bureau | Aug 6, 2026 | Indian News, Life
R Doraiswamy, CEO & MD, LIC, said,“The numbers are good this quarter, but if you look at the growth in premium or APE, it is not as high as what you would have expected.What gives us more happiness is that our VNB has grown by 61 per cent plus and our VNB margin...
by AIP Online Bureau | Aug 6, 2026 | International News, Non-Life, Reinsurance
The transaction follows Everest’s recent announcements of agreements to sell its Colombia and Canada insurance operations as part of its planned exit from its remaining commercial retail insurance businesses. It is expected to close in 2027, subject to customary...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
“The most pronounced impacts are in Marine Hull & War, Marine P&I, Aviation, and Terrorism & Political Violence, where insurers are exercising greater underwriting discipline, repricing risk and placing increased emphasis on policy terms and...
