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CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

by AIP Online Bureau | Apr 1, 2026 | Indian News, Life

The case has been registered on the basis of a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption Act, according to an official statement. New...
Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon

Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon

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

Global demand for reinsurance increased by approximately 10 percent at the April 1 renewal, as buyers used favorable market conditions to secure more comprehensive protection, with some expected to return to the market post‑renewal to explore additional purchases. In...

by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits

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PE firm JC Flowers picks up majority stake in Bobby Swarup’s Niyam Group

PE firm JC Flowers picks up majority stake in Bobby Swarup’s Niyam Group

by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Niyam is a reinsurance platform based in GIFT City, connecting global capital with opportunities in India and other high-growth markets. Niyam Syndicate 2047 at Lloyd’s will support the development of the Indian reinsurance market in alignment with India’s...
APR1 Renewals: Reinsuers fight hard to survive soft Indian market

APR1 Renewals: Reinsuers fight hard to survive soft Indian market

by AIP Online Bureau | Mar 31, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance

Reinsurers have been surprised with the price drop on risk which has been more than expectations, mainly due to previous years good results and interest in the Indian risks. With uncertainty in the Gulf, the interest on Indian risks is also higher. Overall many...
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