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HDFC ERGO General elevates Parthanil Ghosh as its executive director

HDFC ERGO General elevates Parthanil Ghosh as its executive director

by AIP Online Bureau | May 19, 2025 | Briefs, Non-Life, Regulation

HDFC ERGO General Insurance has promoted Parthanil Ghosh as an executive director and chief business officer of the company, with effect from 1st May 2025, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI) and other requisite...
GIC Re officers’ association urges Sitharaman to delink reinsurer from GIPSA

GIC Re officers’ association urges Sitharaman to delink reinsurer from GIPSA

by AIP Online Bureau | May 18, 2025 | Indian News, Policy, Reinsurance

“GIC Re’s lean organisational structure with fewer than 500 employees, compared to the thousands employed by public sector general insurance companies (PSGICs), makes uniformity under GIPSA operationally infeasible and strategically flawed,” the GIC Re...
Families of 737 MAX crash victims to object to deal allowing Boeing to avoid prosecution

Families of 737 MAX crash victims to object to deal allowing Boeing to avoid prosecution

by AIP Online Bureau | May 18, 2025 | Eco/Invest/Demography, International News, Risk Management

The agreement would forestall a June 23 trial the planemaker faces on a fraud charge it misled U.S. regulators about a crucial flight control system on the 737 MAX, its best-selling jet WASHINGTON: Families of some of the 346 people killed in two fatal Boeing 737 MAX...

Kin of accident victim get Rs 41 lakh compensation MACT overrules cheque dishonoured argument

by AIP Online Bureau | May 18, 2025 | Indian News, Non-Life

The insurance firm claimed the policy on the offending vehicle had been cancelled due to a cheque given by its owner getting dishonoured. However, citing a Supreme Court judgement, the MACT said “cancellation of insurance policy due to cheque through which...
Obesity silent tsunami of India’s disease burden, say experts

Obesity silent tsunami of India’s disease burden, say experts

by AIP Online Bureau | May 18, 2025 | Data, Eco/Invest/Demography, Health, Risk Management

“Obesity is not a cosmetic issue. It is a clinical, systemic concern that is driving a surge in diseases like fatty liver, diabetes, gastrointestinal complications, and heart disease. In my practice, I see its consequences every day. To address this, we must move...
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