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New Sabki Raksha (Amendment of Insurance Laws) Act, 2025 comes into force from Feb 5

by AIP Online Bureau | Feb 4, 2026 | Briefs, Eco/Invest/Demography

The government notified that Sabki Raksha (Amendment of Insurance Laws) Act, 2025 will be implemented from Feb 5 The entire new act will come into force except section 25, said the Department of Financial services.. Also Section 32A of the Act has been kept in...
Insurance rates in India, Middle East and Africa decline in Q42025: Marsh’s Global Insurance Market Index

Insurance rates in India, Middle East and Africa decline in Q42025: Marsh’s Global Insurance Market Index

by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

Property rates in India experienced decreases between 15% to 25%.Catastrophe-exposed and high-hazard sectors (chemical, food, waste, recycling) faced declines of up to 20% in India; insureds in other regions generally saw declines of 10% to 15%.Cyber insurance rates...
Zurich Insurance set to take over Beazley for $11 billion

Zurich Insurance set to take over Beazley for $11 billion

by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance

Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
CBDT chief says 88 pc of individual taxpayers have opted for new tax regime

CBDT chief says 88 pc of individual taxpayers have opted for new tax regime

by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Life, Policy

“And insofar as presumptive tax cases, about 97 per cent of the taxpayers have moved to the new tax regime. For corporates, about 60 per cent of the income is now being reflected in the new tax regime,” CBDT Chairman Ravi Agrawal New Delhi:As many as 88...

RBI may hire more specialists for cybersecurity controls as digital risks multiply across banking system

by AIP Online Bureau | Feb 4, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

The watchdog also seeks to add more officers to its supervision division, with hiring skewed toward specialists in cybersecurity controls as digital risks multiply across the banking system, according to the people. The overhaul is still under consideration and...
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