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GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology

GIFT City’s overall rating improved, underscoring increasing confidence among global investors and institutions in India’s emerging international financial ecosystem. It also made a significant gain in the FinTech Index, where it rose five positions from...
ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26

ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26

by AIP Online Bureau | Oct 14, 2025 | Indian News, Life

The life insurer’s Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai:...
Climate Change: Life-threatening heat domes confound forecasters

Climate Change: Life-threatening heat domes confound forecasters

by AIP Online Bureau | Oct 14, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Wildfires and droughts are often the byproduct of extreme heat and have caused some of the largest climate-related disasters in the US. From 1980 to 2024, 23 wildfires caused $147.9 billion in damage and killed 537 people while 32 droughts extracting a toll of $367.6...
Global financial watchdogs to ramp up monitoring of AI

Global financial watchdogs to ramp up monitoring of AI

by AIP Online Bureau | Oct 14, 2025 | International News, Regulation, Risk Management

Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on financial stability Global financial regulators have laid out plans for closer monitoring of artificial...
Aon bolsters its broking capabilities with two senior leadership appointments

Aon bolsters its broking capabilities with two senior leadership appointments

by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Both appointments are effective immediately, with Michelle and Lucy based in London and reporting into Rob Kemp, chief executive officer (CEO) of Commercial Risk for Aon UK LONDON: Global re/insurance broker Aon plc has announced the appointments of Michelle Beverely...
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