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US major Everest Re receives license for GIFT-IFSC venture

US major Everest Re receives license for GIFT-IFSC venture

by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits

“Everest’s launch in India presents significant opportunity, as one of the most dynamic reinsurance markets globally, shaped by strong economic growth, and rising demand for the advanced, long-term reinsurance solutions we offer,” said Jill Beggs, Executive Vice...

Insurers start passing on full benefits of zero GST on retail Life and Health covers

by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy

“The net outgo for individual consumers has been reduced for products like Health Insurance, Personal Accident & Travel Insurance, maintaining the same policy coverage and claims servicing standards” Naveen Chandra Jha, MD and CEO, SBI General...

Super Typhoon Ragasa barrels through northern Philippines, triggers alerts across Asian region

by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Packing winds of 215 kph (134 mph) and gusts of up to 295 kph (160 mph), Ragasa slightly intensified as it brushed Babuyan Island and headed for possible landfall over Calayan Island, raising the risk of storm surges exceeding three metres (nine feet), the state...
Heat, Air Quality & Insurance Costs: How climate change is affecting our homes – and our health

Heat, Air Quality & Insurance Costs: How climate change is affecting our homes – and our health

by AIP Online Bureau | Sep 22, 2025 | Articles, Disaster & Management, Eco/Invest/Demography, Health, Risk Management

Ang Li, Melbourne School of Population and Global This year, ten days of extreme heat in Europe killed roughly 2,300 people, severe flooding on the New South Wales coast left more than 48,000 stranded, and wildfires in Los Angeles destroyed at least 16,000 homes and...

Study finds El Nino linked with making daily extreme rainfall more likely in India’s wetter regions

by AIP Online Bureau | Sep 22, 2025 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

Researchers from City College of New York and Columbia University in the US said that while light and moderate rain becomes less common during an El Nino, chances of “very heavy downpours” rise steeply in India’s wetter regions — by more than...
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