by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation
Health insurance sector itself is facing headwinds with 12-15% medical inflation, opaque pricing structure, and strained insurer–hospital relations. Insurers are under stress with combined ratios above 110% and low single-digit RoEs. Cutting GST on health insurance to...
by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Life, Risk Management, Wealth Management/ Philanthropy
Along with changing customer needs, expanded datasets and increasing digitisation, the specialized skillset of actuaries is also paving the way for new age personalised and embedded products. Enabled by modern techniques, including machine learning and predictive...
by AIP Online Bureau | Nov 29, 2025 | International News, Technology
The advisory follows an unnerving incident on Oct. 30 involving a JetBlue plane flying from Cancun to Newark, New Jersey, that suffered a computer glitch, resulting in a sudden unexpected downward pitch without pilot input. Nobody was injured, and the jet diverted to...
by AIP Online Bureau | Nov 29, 2025 | Indian News, Regulation, Risk Management, Technology
Airbus said intense solar radiation might corrupt data critical to flight controls in a significant number of A320 family aircraft and that the software changes required to fix the issue would lead to operational disruptions New Delhi: As many as 338 A320 family...
by AIP Online Bureau | Nov 28, 2025 | International News, Non-Life, Reinsurance
John Neal, forner CEO, Lloyd’s AIG withdrew its employment offer to Neal, who had been set to join the company as president in December, after learning that the executive was being investigated at his former employer, Lloyd’s of London, the Wall Street Journal...