by AIP Online Bureau | Feb 7, 2026 | Indian News, Life, Non-Life, Reinsurance
Hitesh Joshi, acting CMD, GIC Re. said,“`Our strategy is focused on leveraging our risk selection capabilities to drive profitable, high-quality growth. Going forward, the Indian general insurance (non-life) sector is expected to grow at more than 8 per cent in...
by AIP Online Bureau | Feb 6, 2026 | International News, Policy, Regulation, Risk Management, Technology
Intelligent cars, typically electric or hybrid vehicles, allow for expansive data to be collected including geospatial and personal data, Warsaw-based Center for Eastern Studies said. That leaves European countries vulnerable to cyberattack and exposed to the risk...
by AIP Online Bureau | Feb 6, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation
Samsung and Hyundai Marine & Fire are interested in potentially entering the non‑life insurance sector, the first source said, while Mirae Asset Financial Group is focusing on life insurance. Mumbai:After Korean Re, South Korean firms Samsung Fire & Marine...
by AIP Online Bureau | Feb 6, 2026 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Regulation, Wealth Management/ Philanthropy
Tarun Chugh, MD & CEO, Bajaj Life Insurance, said, “The Board’s approval for seeking approvals from PFRDA, IFSCA and IRDAI is a pivotal step as there is a pressing need for dedicated pension solutions in India, and a PFM company will allow us to offer a complete...
by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Under the new framework, banks will be assessed using financial and supervisory indicators such as capital strength, asset quality, earnings and liquidity, as well as the potential loss their failure could impose on the deposit insurance fund, the RBI said. Mumbai:...
