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IRDAI issues licenses to Kiwi General Insurance and Allianz Jio Reinsurance, approves draft regulations for new SBSR Act

IRDAI issues licenses to Kiwi General Insurance and Allianz Jio Reinsurance, approves draft regulations for new SBSR Act

by AIP Online Bureau | Mar 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Ajay Seth, Chairman, IRDAI In order to expedite the regulatory alignment process and incorporating reforms of SBSR Act(the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, the IRDAI granted in-principle approval for drafting and publishing the draft...
Govt says Air India plane crash probe report will be out “very soon”

Govt says Air India plane crash probe report will be out “very soon”

by AIP Online Bureau | Mar 9, 2026 | Indian News, Non-Life, Reinsurance, Technology

“Regarding the AI171 crash that happened in June last year, the investigation is going at a very good pace, and all the resources that are required for AAIB, the primary agency which is looking into the investigation, the ministry is providing.And I would say...
Over 1.61 lakh water samples found contaminated in 2025-26: Govt in Rajya Sabha

Over 1.61 lakh water samples found contaminated in 2025-26: Govt in Rajya Sabha

by AIP Online Bureau | Mar 9, 2026 | Eco/Invest/Demography, Indian News, Risk Management

The number of samples tested in labs in 2025-2026 was 63.96 lakh, out of which 1.61 lakh were found to be contaminated, the House was informed. New Delhi: As many as 1.61 lakh samples of water out of nearly 64 lakh tested across the country in 2025-26 were found to be...
Lockton Re launches Agentforce 360 Platform

Lockton Re launches Agentforce 360 Platform

by AIP Online Bureau | Mar 9, 2026 | Intermediaries, International News, Non-Life, Reinsurance, Technology

Robert Bisset, CEO, North America, Lockton Re, said, “Agentforce will support the streamlining of some of our sales activity, creating better informed and more digitally connected broking teams. Many of our client teams are truly global and so the ability to share and...
Aon announces first stablecoin insurance premium payment

Aon announces first stablecoin insurance premium payment

by AIP Online Bureau | Mar 9, 2026 | International News, Non-Life, Reinsurance, Technology, Wealth Management/ Philanthropy

Led by Aon’s digital asset practice, this initiative builds on established digital-asset risk advisory capabilities, translating industry leading client services in insurance and risk management into practical application within the firm’s own operations....
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