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TRAI orders mandatory adoption of 1600-series numbers by banks and insurance firms

TRAI orders mandatory adoption of 1600-series numbers by banks and insurance firms

by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

The matter of mandating last date for adoption of 1600 series by the entities in the insurance sector is under discussion with IRDAI, and will be notified subsequently, the official statement said. The structured and time-bound adoption of the 1600-series is expected...
AI driving direct shifts in global insurance industry, says Swiss Re

AI driving direct shifts in global insurance industry, says Swiss Re

by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Reinsurance, Risk Management, Technology

Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
Red Sea Crisis: Google and Meta delay undersea cable projects

Red Sea Crisis: Google and Meta delay undersea cable projects

by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

The southern Red Sea segment of 2Africa hasn’t yet been built due to a “range of operational factors, regulatory concerns, and geopolitical risk,” said a spokesperson for Meta, which leads a consortium of telecom companies developing the cable. Multiple subsea...
SBI chief pitches for national financial grid to check frauds

SBI chief pitches for national financial grid to check frauds

by AIP Online Bureau | Nov 19, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Speaking at the CII Financing Summit in Mumbai , SBI Chairman CS Setty said that the sector participants have come together to form the Indian Digital Payment Intelligence Corporation, a not-for-profit entity, which is a shared digital infrastructure to offer...
No firm is immune if AI bubble bursts, Google CEO tells BBC

No firm is immune if AI bubble bursts, Google CEO tells BBC

by AIP Online Bureau | Nov 18, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

Alphabet Chief Executive Sundar Pichai said in an interview with the BBC published on Tuesday that the current wave of AI investment was an “extraordinary moment” but acknowledged “elements of irrationality” in the market, echoing warnings of “irrational exuberance”...
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