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Govt proposes 5-yr age extension for EVs, hydrogen, CNG commercial vehicles

Govt proposes 5-yr age extension for EVs, hydrogen, CNG commercial vehicles

by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, Indian News, Technology

Under the proposed changes, the existing age limits of 12 years and 15 years for vehicles covered by the national permit system would be extended to 17 years and 20 years, respectively, for battery, hydrogen and natural gas vehicles, it added. New Delhi: The...
Envelop Syndicate 1925: Reinsurance MGA Envelop launches Lloyd’s Cyber Reinsurance Syndicate

Envelop Syndicate 1925: Reinsurance MGA Envelop launches Lloyd’s Cyber Reinsurance Syndicate

by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology

While cyber treaty reinsurance will remain core, Syndicate 1925 will allow Envelop to expand its proposition to include other lines of business, increasing access to its proven capital management and underwriting capabilities to a broader range of partners. London:...

by AIP Online Bureau | Aug 17, 2026 | Workplace/Employee Benefits

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by AIP Online Bureau | Aug 17, 2026 | Workplace/Employee Benefits

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General insurance industry grows 9% to ₹3.36 trillion in FY26: BCG reportt

General insurance industry grows 9% to ₹3.36 trillion in FY26: BCG reportt

by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

The industry’s combined ratio deteriorated by two percentage points to 113%, while profit after tax (PAT) declined 23% YoY to ₹10,000 crore. Return on equity (ROE) fell to 6% from 9% a year earlier. Mumbai:India’s general insurance industry grew 9% year-on-year (YoY)...
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