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National Pension System delivered over 13% annual returns in equity schemes: FM Sitharaman

National Pension System delivered over 13% annual returns in equity schemes: FM Sitharaman

by AIP Online Bureau | Oct 2, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy

The new framework gives pension funds the freedom to create their own schemes, thereby offering more flexibility and options for subscribers New Delhi: India’s National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning...
RBI to unveil risk-based deposit insurance premiums for banks: RBI Governor

RBI to unveil risk-based deposit insurance premiums for banks: RBI Governor

by AIP Online Bureau | Oct 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management

“I am happy the RBI has brought changes in the existing deposit insurance scheme for the banks. The banks have been asking this for long. Paying insurance premium has become the largest overhead any bank today. SBI itself paid Rs 5400 crore of premium in FY...

Former IRDAI chairman Panda roped in as senior advisor to Pristyn Care

by AIP Online Bureau | Oct 2, 2025 | Briefs, Health, Regulation

Debasish Panda, former Chairman of the Insurance Regulatory and Development Authority of India (IRDAI) has taken on the role of Senior Advisor to Pristyn Care. Pristyn Care is a leading healthcare provider specializing in advanced secondary care surgeries through its...

9 in 10 businesses show interest in insurance cover for Gen AI risks, Geneva Association report

by AIP Online Bureau | Oct 2, 2025 | Workplace/Employee Benefits

Insurers have a unique role to play in ensuring that Gen AI adoption is safe and sustainable’ ZURICH: Businesses worldwide are rapidly embedding Generative AI (Gen AI) into products, services and internal operations. While this brings significant opportunities...
CyberCube raises over $180 million from investor Spectrum Equity

CyberCube raises over $180 million from investor Spectrum Equity

by AIP Online Bureau | Oct 2, 2025 | International News, Non-Life, Reinsurance, Risk Management

Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to become one of the largest lines of Property and Casualty insurance, as internet-connected technologies and artificial intelligence transform all corners of the global economy. With the additional...
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