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ICICI Lombard General to act as Lloyd’s local partner in India

ICICI Lombard General to act as Lloyd’s local partner in India

by AIP Online Bureau | Jun 19, 2026 | Indian News, Non-Life, Reinsurance

Under this new agreement, ICICI Lombard will issue local policies on behalf of managing agents for selected lines of business. Managing agents can request local policies through the Multinational team, who will coordinate directly with ICICI Lombard to produce the...
Public Insurance Registry:IRDAI ropes in former bureacrat Prakash Kumar as sr advisor

Public Insurance Registry:IRDAI ropes in former bureacrat Prakash Kumar as sr advisor

by AIP Online Bureau | Jun 18, 2026 | Indian News, Life, Non-Life, Regulation, Technology

The regulator believes PIR could address one of the insurance sector’s most persistent challenges: fragmented data scattered across insurers, making it difficult for policyholders to access their records seamlessly and for regulators to obtain a comprehensive...
Turtlemint Fintech raises Rs 397 crore from anchor investors ahead of IPO

Turtlemint Fintech raises Rs 397 crore from anchor investors ahead of IPO

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Technology

Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi, promoters of Turtlemint ICICI Prudential Mutual Fund (MF), Mirae Asset MF, Amansa Holdings, BNP Paribas Financial Markets, Edelweiss MF, Bajaj Life Insurance, Societe Generale, ICICI Prudential Life Insurance...
Public Insurance Registry:IRDAI ropes in former bureacrat Prakash Kumar as sr advisor

IRDAI unveils new rule-making framework

by AIP Online Bureau | Jun 18, 2026 | Indian News, Regulation

The proposed regulations are being introduced in line with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, which mandates public consultation, periodic review of regulations and stakeholder engagement in the regulatory process. Hyderabad:The...
Stranded ships transiting the Strait of Hormuz:Lloyd’s List

Stranded ships transiting the Strait of Hormuz:Lloyd’s List

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In a media briefing, Richard Meade, editor in chief of Lloyd’s List, said for the first time in 110 days, ships owned by major companies are transiting the strait after effectively being marooned there since February London:Major shipowners have begun moving vessels...
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