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FM asks NIIF to leverage its sovereign-backed design, explore diversified finance sources

FM asks NIIF to leverage its sovereign-backed design, explore diversified finance sources

by AIP Online Bureau | Jun 9, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Finance Minister The Governing Council appreciated NIIF’s evolution as a sovereign-linked asset manager and acknowledged the efforts made over the years to build strong partnerships with marquee investors like Abu Dhabi Investment Authority,...

Life insurers record 11 pc rise in new premium collection in April-May

by AIP Online Bureau | Jun 9, 2025 | Indian News, Life

The private sector life insurance industry, led by HDFC Life (with a total premium of Rs 4966 crore), has grown by 12 per cent y-o-y to Rs 20, 411 crore during the first two months of the fiscal. State owned Life Insurance Corporation(LIC) has increased its premium by...
Motor Insurance: Driven by technology

Motor Insurance: Driven by technology

by AIP Online Bureau | Jun 9, 2025 | Articles, Technology

One of the most notable societal benefits of telematics in motor insurance is its ability to influence driving behavior positively. By tracking metrics such as speed, braking patterns, and adherence to traffic rules, insurers can encourage safer driving habits....
IMD DG Mohapatra receives UN’s Sasakawa Award-2025 for Disaster Risk Reduction

IMD DG Mohapatra receives UN’s Sasakawa Award-2025 for Disaster Risk Reduction

by AIP Online Bureau | Jun 9, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News

Mrutyunjay Mohapatra, director general of Meteorology, India Meteorological Department This accolade not only recognizes Mohapatra’s insightful leadership but also reaffirms India’s growing role in advancing global disaster risk management New Delhi: Mrutyunjay...
Fire erupts on Singapore-flagged container vessel off Kerala coast; 18 rescued, 4 missing

Fire erupts on Singapore-flagged container vessel off Kerala coast; 18 rescued, 4 missing

by AIP Online Bureau | Jun 9, 2025 | International News, Non-Life, Reinsurance

The 270-metre-long vessel, with a draught of 12.5 metres, had left Colombo on June 7 and was en route to Mumbai, expected to arrive on June 10 Kochi: A major fire broke out on board a Singapore-flagged ship after a container explosion off the Kerala coast on Monday,...
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