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Edme Insurance Brokers appoints Nitin Firke as MD, Reinsurance

by AIP Online Bureau | Jul 31, 2025 | Briefs, Non-Life, Reinsurance

Edme Insurance Brokers has appointed Nitin Firke as managing director, Reinsurance, to further strengthen its leadership team and reinforce its commitment towards building a robust reinsurance practice in India and beyond. Firke brings with him an exceptional track...
Creating realistic deepfakes getting easier than ever, fighting back may take even more AI

Creating realistic deepfakes getting easier than ever, fighting back may take even more AI

by AIP Online Bureau | Jul 31, 2025 | Eco/Invest/Demography, Features, Risk Management, Technology

Researchers, public policy experts and technology companies are now investigating the best ways of addressing the economic, political and social challenges posed by deepfakes The phone rings. It’s the secretary of state calling. Or is it? For Washington insiders,...
Insurance premium for aircraft expected to go up, says IndiGo CEO

Insurance premium for aircraft expected to go up, says IndiGo CEO

by AIP Online Bureau | Jul 30, 2025 | Indian News, Non-Life, Reinsurance

During a virtual interaction post announcing the June quarter results, Elbers said the insurance premiums always follow some of the trends in the market and “we do expect them to go up and we’re still finalising some of the discussion in what magnitude...
Ambanis to infuse Rs 16K cr in Jio Financial Services to take on rivals

Ambanis to infuse Rs 16K cr in Jio Financial Services to take on rivals

by AIP Online Bureau | Jul 30, 2025 | Indian News, Life, Non-Life, Reinsurance

Mukesh Ambani, chairman, Reliance Industries Currently, JFS, which has floated three joint ventures with Germany major Allianz for foraying into Reinsurance, Life and General Insurance business, operates its financial services business through consumer-facing...
Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

by AIP Online Bureau | Jul 30, 2025 | Indian News, Non-Life, Reinsurance

Indian reinsurer GIC Re had said Air India’s Ahmedabad crash claim likely to hit a total of $475 million including  $350 million of liability claims involving the compensation amount for 270 people who lost their lives due to the mishap London/Mumbai: Global...
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