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FM Sitharaman lays foundation for offices of 15 PSU banks, insurance companies in Amaravati

FM Sitharaman lays foundation for offices of 15 PSU banks, insurance companies in Amaravati

by AIP Online Bureau | Nov 29, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Sitharaman described the gathering of all major PSU banks and insurance companies on one financial street as a historic first for any state capital in India Amaravati:Union Finance Minister Nirmala Sitharaman and Andhra Pradesh Chief Minister Chandrababu Naidu on...
Universal Coverage:Rebuilding India’s Health Insurance Architecture

Universal Coverage:Rebuilding India’s Health Insurance Architecture

by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation

Health insurance sector itself is facing headwinds with 12-15% medical inflation, opaque pricing structure, and strained insurer–hospital relations. Insurers are under stress with combined ratios above 110% and low single-digit RoEs. Cutting GST on health insurance to...
Life Insurance:Driving Product Innovation and Long-Term Sustainability

Life Insurance:Driving Product Innovation and Long-Term Sustainability

by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Life, Risk Management, Wealth Management/ Philanthropy

Along with changing customer needs, expanded datasets and increasing digitisation, the specialized skillset of actuaries is also paving the way for new age personalised and embedded products. Enabled by modern techniques, including machine learning and predictive...
Airbus issues major A320 recall, threatening global flight disruption

Airbus issues major A320 recall, threatening global flight disruption

by AIP Online Bureau | Nov 29, 2025 | International News, Technology

The advisory follows an unnerving incident on Oct. 30 involving a JetBlue plane flying from Cancun to Newark, New Jersey, that suffered a computer glitch, resulting in a sudden unexpected downward pitch without pilot input. Nobody was injured, and the jet diverted to...
DGCA asks Indian operators to immediately carry out requisite software upgrades in 338 A320 family aircraft

DGCA asks Indian operators to immediately carry out requisite software upgrades in 338 A320 family aircraft

by AIP Online Bureau | Nov 29, 2025 | Indian News, Regulation, Risk Management, Technology

Airbus said intense solar radiation might corrupt data critical to flight controls in a significant number of A320 family aircraft and that the software changes required to fix the issue would lead to operational disruptions New Delhi: As many as 338 A320 family...
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