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Aiming affordability,IRDAI chief hints at key distribuition reforms in Indian insurance sector

Aiming affordability,IRDAI chief hints at key distribuition reforms in Indian insurance sector

by AIP Online Bureau | Oct 30, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life

“We see BIMA Sugam as an efficient consumer-facing platform, which is getting ready and at the back-end are the insurance companies. They have made a beginning as their products and services should be coming in the market in the next few quarters.”Ajay...
India Retirement Index Study: Balancing finance, health, and emotion

India Retirement Index Study: Balancing finance, health, and emotion

by AIP Online Bureau | Oct 29, 2025 | Articles, Eco/Invest/Demography, Health, Life, Pension & Social Security

Sumit Madan, MD and CEO, Axis Max Life said, “IRIS 5.0 signals a clear shift towards smarter and more holistic retirement planning. Today’s consumers are showing greater health consciousness, higher product awareness, and sustained financial confidence. As health...
Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In its Best’s Commentary, “Jamaica’s Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses....
Starr to acquire IQUW group, set to become ninth-largest agency operating at Lloyd’s

Starr to acquire IQUW group, set to become ninth-largest agency operating at Lloyd’s

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits

Outside of the Lloyd’s market, Starr writes commercial non-life insurance globally, with coverage in over 170 countries across 6 continents. Following completion of the transaction, Peter Bilsby, IQUW Group’s chief executive officer, will lead Starr’s international...

World’s first Climate Resilience Bond issued by Tokyo Metropolitan Government

by AIP Online Bureau | Oct 29, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

“This new bond label is a notable development for the market.The bond’s oversubscription “signals that the market is ready to allocate capital to these types of investments,”Melissa Cheok, associate director at Sustainable Fitch The Tokyo Metropolitan Government...
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