by AIP Online Bureau | Jul 9, 2026 | Banking & Bancassurance, Indian News, Life, Non-Life
The Insurance Division of DFS secured second position in the Group A category of the Grievance Redressal Assessment and Index (GRAI) for May 2026. The Banking Division ranked sixth in the same category. New Delhi: The Department of Financial Services (DFS) is...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The court made the observations when an investigation officer informed it that the social media platform X was not providing the URL ID and IP address of the handle on which the petitioner’s alleged obscene videos and photographs were posted.Under the circumstances,...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
The acquisition follows recent regulatory foreign direct investment (“FDI”) changes in India, which now allow foreign insurers to increase their shareholdings in local insurance companies to 100% This is the second deal in the Indian insurance sector in a...
by AIP Online Bureau | Jul 8, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
London’s dominance in insurance-market infrastructure makes it an obvious destination for issuers of catastrophe bonds and other ILS products, says Caroline Wagstaff, chief executive of the London Market Group, whose members include insurers operating in the world’s...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Technology
The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit’s chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich....
