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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...
Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4

Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4

by AIP Online Bureau | Oct 1, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation

Nirmala Sitharaman ,Union Minister for Finance and Corporate Affairs, Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to lack of awareness or outdated account details...
Wage revision of PSU Gen Insurance Cos: Govt approves 30% family pension scheme,14% employer’s NPS contribution along with 14% wage hike

Wage revision of PSU Gen Insurance Cos: Govt approves 30% family pension scheme,14% employer’s NPS contribution along with 14% wage hike

by AIP Online Bureau | Oct 1, 2025 | Indian News, Non-Life, Policy

Girija Subramanian, CMD, New India Assurance and chairperson of GIPSA GIPSA chairperson Girija Subramanian, in a meeting with unions, has confirmed that the Department of Financial Services (DFS) has moved ahead with the notification with 14 per cent wage hike GIPSA...
Only 23% of India’s elderly in post-retirement work despite 73% showing interest: Survey

Only 23% of India’s elderly in post-retirement work despite 73% showing interest: Survey

by AIP Online Bureau | Oct 1, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits

“India’s elderly aspire not only for financial stability but also dignity, respect and purpose. Unlocking this potential through policy, corporate innovation, and family support can transform retirement from dependency to empowerment,” Himanshu Rath,...
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