by AIP Online Bureau | Aug 17, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
The industry’s combined ratio deteriorated by two percentage points to 113%, while profit after tax (PAT) declined 23% YoY to ₹10,000 crore. Return on equity (ROE) fell to 6% from 9% a year earlier. Mumbai:India’s general insurance industry grew 9% year-on-year (YoY)...
by AIP Online Bureau | Aug 17, 2026 | International News, Risk Management, Technology
While it’s not clear how the hackers allegedly accessed the companies, Ransom-ISAC, an industry information sharing group, issued a notice July 22 warning that the hacking group was exploiting vulnerabilities in PTC Windchill and FlexPLM, software used to aid in...
by AIP Online Bureau | Aug 17, 2026 | International News, Non-Life, Reinsurance
Lloyd’s moved to the top of the ranking for non-IFRS 17 reinsurers, lifted by premium growth and the British Pound appreciating against the U.S. dollar. GIC Re is the 10th largest global reinsurer among non-IFRS 17 reporting reinsurers OLDWICK:Foreign currency...
by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
As per an analysis by SBI Research, the number of taxpayers reporting income of Rs 1 crore or more increased by 14 per cent to 5,35,672 in AY26 from 4,71,419 in AY25. New Delhi: The number of taxpayers reporting annual income of Rs 100 crore or more rose 39 per cent...
