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“When in doubt, choose the customer” IRDAI chief asks insurers

“When in doubt, choose the customer” IRDAI chief asks insurers

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation

“Compliance cannot be a department— it must be a mind-set. And grievance redressal cannot be the end of a process— it must be our early warning system. When in doubt, choose the customer. If we do that consistently, trust will follow, growth will follow, and the...
Insurance issues hinder timely bariatric and metabolic surgery: Survey

Insurance issues hinder timely bariatric and metabolic surgery: Survey

by AIP Online Bureau | Nov 27, 2025 | Data, Eco/Invest/Demography, Health, Non-Life

“When patients cannot undergo bariatric surgery on time because of insurance delays, their disease continues to progress. Months are lost waiting for approvals, and during this period their metabolic, hormonal, and cardiovascular health often worsens,”...
Allianz seeks to use more artifical intelligence, to cut jobs

Allianz seeks to use more artifical intelligence, to cut jobs

by AIP Online Bureau | Nov 26, 2025 | Workplace/Employee Benefits

Companies across industries and geographic regions are increasingly using AI to speed up services and cut costs. Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it seeks to use more artifical...
Russian oil cargo discharge at Indian port delayed due to insurance scrutiny, sources say

Russian oil cargo discharge at Indian port delayed due to insurance scrutiny, sources say

by AIP Online Bureau | Nov 26, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

Since April, India has required online verification of insurance for ships covered by companies that are not members of the International Group (IG) to ensure that forged documents are not provided to Indian port authorities for berthing NEW DELHI: A...
Africa Specialty Risks launches Syndicate 2454 in South Africa

Africa Specialty Risks launches Syndicate 2454 in South Africa

by AIP Online Bureau | Nov 26, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Commenting on the launch of Syndicate 2454 in South Africa, Mikir Shah, chief executive officer, ASR said: “South Africa has always been and remains a key market for us, and this launch allows us to write risks directly in the market, ensuring we’re close to our...
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