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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...
Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission

Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission

by AIP Online Bureau | Oct 13, 2025 | Health, Indian News, Intermediaries, Policy

(Lto R)- Narendra Kumar Bharindwal, President, IBAI, met with Tapan Singhel, chairman, General Insurance Council on Monday The Insurance Brokers Association of India( IBAI) wants an industry-wide dialogue on the transfer of GST burden to intermediaries to maintain...
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