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SC orders TN police to form SIT  for probing criminal lapses by National Insurance in a motor accident fraud claim case

SC orders TN police to form SIT for probing criminal lapses by National Insurance in a motor accident fraud claim case

by AIP Online Bureau | Apr 2, 2026 | Indian News, Non-Life

The SC Bench comprising Justices Ahsanuddin Amanullah and R. Mahadevan issued the order after questioning the conduct of NIC for not initiating criminal proceedings despite asserting that the policy in question was fabricated. New Delhi:The Supreme Court of India has...
MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha

MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha

by AIP Online Bureau | Apr 2, 2026 | Health, Indian News, Life

“It is the ruthless lapse rules governing life and health insurance policies. Today, most insurance policies, including those under LIC, provide a mere 30-day grace period for premium payment. A single list installment caused by sudden job loss, medical emergency,...
Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter

Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter

by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Atish Suri, CEO India, Middle East & Africa, stated,”In the India and Middle East markets, we are seeing a strong commitment from reinsurers to maintain coverage despite the complexities posed by ongoing conflicts.” In terms of Apr 1 renewal outcomes,...

HDFC Life partnership with KKR for IPL cricket season

by AIP Online Bureau | Apr 2, 2026 | Workplace/Employee Benefits

HDFC Life has announced its association with the Kolkata Knight Riders (KKR) as an official partner for the recently commenced IPL cricket season. Pritika Shah, head-marketing, HDFC Life, said, “Given India’s diversity, we have been building our brand through...
Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million

Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million

by AIP Online Bureau | Apr 1, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

During 2025, the growth of Peak Re was primarily driven by the continued deepening of its global diversification strategy. It strengthened its presence in high-growth emerging markets such as India, while further expanding its penetration in the mature markets of...
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