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Swiss insurers Helvetia and Baloise to merge to create top 10 company

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The new group, to be called Helvetia Baloise Holding, will become one of the ten largest insurers in Europe, under what the two companies called a “merger of equals” with an even spread of senior executives and board members Helvetia and Baloise plan to merge to...
Japanese insurer MS&AD plans to invest $5 billion to double U.S. profits

Japanese insurer MS&AD plans to invest $5 billion to double U.S. profits

by AIP Online Bureau | Apr 23, 2025 | International News, Non-Life, Reinsurance

The Tokyo-based casualty insurer has the highest market share in Asia among global firms, but it’s No. 3 among Japanese peers in North America, “so the challenge is how to become the top player there,” said Shinichiro Funabiki,CEO, MS&AD Insurance Group Holdings...
India stays world’s fastest growing economy at over 6 pc growth despite tariff woes :IMF

India stays world’s fastest growing economy at over 6 pc growth despite tariff woes :IMF

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Policy

Gita Gopinath, chief economist, IMF IMF’s outlook report pegs the Indian economy to grow at 6.2 per cent in 2025 and 6.3 per cent in 2026, which is over 2 percentage points above second-ranked China’s economic growth forecast at 4 per cent for 2025 and 4.6 per...

NPS subscriber enrolment surges to 12 Lakh in FY25

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security

The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 per cent during 2024-25 to Rs 14.43 lakh crore by end-March 2025, it said New Delhi: The National Pension System (NPS) has achieved significant growth with private sector...
Willis appoints Aon’s Anant Pawar as Aviation & Space Leader for India

Willis appoints Aon’s Anant Pawar as Aviation & Space Leader for India

by AIP Online Bureau | Apr 23, 2025 | Indian News, Intermediaries, Non-Life, Reinsurance

Anant Pawar, Aviation & Space Leader, Willis,India Willis handles Indigo’s re/insurance accounts. It is the largest airline in India by passengers carried and fleet size, with a 63.6 per cent domestic market share Mumbai: Willis, a business of WTW has...
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