by AIP Online Bureau | Dec 21, 2025 | Disaster & Management, Indian News, Risk Management
The plea alleged that despite weather advisories issued by the meteorological centre in Srinagar and the J-K Disaster Management Authority, the pilgrimage was not suspended, which amounted to criminal negligence by the CEO and other officials of the Shri Mata Vaishno...
by AIP Online Bureau | Dec 21, 2025 | Indian News, Risk Management, Technology
Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity incident in 2023, which identified the Infosys subsidiary as the main source. New Delhi:A US court...
by AIP Online Bureau | Dec 21, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than $5 billion of cat bonds with some level of exposure to wildfire risk were issued by insurers and sold to investors this year, according to Artemis, a specialist in insurance-linked securities that tracks market trends. That’s more than twice the level in...
by AIP Online Bureau | Dec 20, 2025 | Articles, Eco/Invest/Demography, Health, Intermediaries, Non-Life, Regulation
Consumers increasingly opted for higher sum insured policies, family floaters, and value-added benefits such as wellness programs, OPD cover and maternity—reflecting a shift from price-led buying to need-based protection. Krishnan Ramachandran, MD & CEO, Niva Bupa...
by AIP Online Bureau | Dec 20, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
At this time the Indian cyber premium pool is expanding rapidly — industry estimates place market size in about one thousand of crores and forecast double-digit growth with cumulative premium estimate of about ₹60Bn for FY ending 2026. Vibhaw Kumar, Executive Vice...
