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Closing Indian Protection Gap: Gaining momentum

Closing Indian Protection Gap: Gaining momentum

by AIP Online Bureau | Apr 6, 2026 | Articles, Eco/Invest/Demography, Life, Risk Management, Technology

Protection thrives only when trust is strong and here, too, India is making quiet, steady strides. Claim settlement performance continues to rise, with the latest IRDAI data showing 96.82% of individual death claims settled within 30 days, while private insurers...
World shifting from ‘shocks’ to ‘permanent volatility’ amid global conflicts, trade disruptions: FM Nirmala Sitharaman

World shifting from ‘shocks’ to ‘permanent volatility’ amid global conflicts, trade disruptions: FM Nirmala Sitharaman

by AIP Online Bureau | Apr 6, 2026 | Workplace/Employee Benefits

“The escalation of the Middle East conflict has evolved from a regional security concern into a systemic tremor, threatening the vital arteries of global energy and hardening the lines of a new, multipolar world order,” Finance Minister Nirmala Sitharaman...
RBI proposes separate categories of business correspondents, uniformity in wages

RBI proposes separate categories of business correspondents, uniformity in wages

by AIP Online Bureau | Apr 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

It also proposes to bring uniformity in the BC ecosystem with respect to the payment of commission or remuneration they get. Mumbai:The Reserve Bank of India (RBI) on Monday proposed that banking correspondents should be classified into two categories based on their...
Strait of Hormuz will never return to its former state, especially for US, Israel, vows Iranian Navy

Strait of Hormuz will never return to its former state, especially for US, Israel, vows Iranian Navy

by AIP Online Bureau | Apr 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As per Press TV, the IRGC Navy made the remarks in a post on X and also noted that the preparations are underway for the “announced plan” of Iranian officials for a new order in the Persian Gulf. Tehran:As tensions escalate in West Asia and the Gulf...
GST Rationalisation:Indian auto sales hits all-time high growth in FY26, set to cross 3 crore mark, says FADA

GST Rationalisation:Indian auto sales hits all-time high growth in FY26, set to cross 3 crore mark, says FADA

by AIP Online Bureau | Apr 6, 2026 | Eco/Invest/Demography, Indian News, Non-Life

Passenger vehicles (PVs) crossed the 47-lakh mark for the first time, growing 13 per cent, supported by a rich new-model pipeline, steady urbanisation, and the sustained shift towards SUVs and alternative powertrains, the FADA data showed. New Delhi: Indian automobile...
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