by AIP Online Bureau | Jul 13, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Regulation, Reinsurance, Risk Management
The adoption of Risk-Based Capital (RBC) rules by the Indian insurance industry is more a strategic and forward-looking shift focussing not just on stability but also on expansion, and attracting long-term investment. It can better align India with global standards...
by AIP Online Bureau | Jul 13, 2025 | Indian News, Non-Life, Reinsurance
The incident has triggered retail claims under various insurance categories like travel, personal accident, and life insurance, including those from Kisan Credit Card holders. Personal accident claims have emerged as a significant category, second only to life...
by AIP Online Bureau | Jul 12, 2025 | Indian News, Risk Management, Technology
On June 12, Air India’s Boeing 787-8 aircraft operating flight AI 171 en-route to London Gatwick crashed into a medical hostel complex soon after take-off from Ahmedabad, killing 260 people, including 241 persons who were onboard the plane. New Delhi: Fuel...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In a statement, Independent Power Producers Association Nepal (IPPAN) said that seven hydropower projects currently generating 251 MW hydropower have been completely shut down due to the floods. Kathmandu: At least 10 hydropower projects have been damaged by floods in...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, Indian News, Policy
Overall, the CWC has flagged flood concerns in 20 locations, primarily in Assam, Bihar, Odisha, Uttar Pradesh, and West Bengal. New Delhi: Twenty river sites across India remain under flood risk, with one location in Assam and two in Bihar experiencing severe flood...