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India’s social security coverage increased from 19 pc to 64 pc in 10 years

by AIP Online Bureau | Jun 11, 2025 | Indian News, Life, Pension & Social Security, Policy

According to an official statement, ILO has acknowledged India’s achievement and officially published on its dashboard that 64.3 per cent of India’s population, i.e. over 94 crore people, are now covered under at least one social protection benefit. It is...
SBI General Insurance appoints Mohd. Arif Khan as its deputy CEO

SBI General Insurance appoints Mohd. Arif Khan as its deputy CEO

by AIP Online Bureau | Jun 11, 2025 | Indian News, Non-Life

Mohd. Arif Khan, deputy chief executive officer, SBI General Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “His vast experience across diverse banking functions, strong strategic expertise, and deep understanding of the business, will be...
India’s population to reach 1.46 billion, fertility rate falling below the replacement level of 2.1.

India’s population to reach 1.46 billion, fertility rate falling below the replacement level of 2.1.

by AIP Online Bureau | Jun 11, 2025 | Eco/Invest/Demography, Indian News, Policy

The country’s 68 per cent of the population is of working age (15-64), providing a potential demographic dividend, if matched by adequate employment and policy support. New Delhi: India’s population is estimated to reach 1.46 billion in 2025, continuing to...
ChatGPT suffers global outage including in India, OpenAI ‘investigating’

ChatGPT suffers global outage including in India, OpenAI ‘investigating’

by AIP Online Bureau | Jun 11, 2025 | International News, Risk Management, Technology

“We are investigating,” said the company. About 88 per cent of complaints from India cited the chatbot not responding to queries, 8 per cent reported issues with the mobile app, and 3 per cent faced API-related problems New Delhi: OpenAI’s popular chatbot...
Beazley hires a new parametric insurance head

Beazley hires a new parametric insurance head

by AIP Online Bureau | Jun 11, 2025 | International News, Non-Life, Reinsurance

Stefan Wunderlich,head of Parametric Insurance Beazley has a long-term commitment to the property market, having trebled the size of its property underwriting since 2022. This commitment has seen it build a strong position in the US E&S market, roll out specialist...
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