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EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA

EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA

by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology

“FY’26 has been a watershed year for India’s electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with...
Closing Indian Protection Gap: Gaining momentum

Closing Indian Protection Gap: Gaining momentum

by AIP Online Bureau | Apr 6, 2026 | Articles, Eco/Invest/Demography, Life, Risk Management, Technology

Protection thrives only when trust is strong and here, too, India is making quiet, steady strides. Claim settlement performance continues to rise, with the latest IRDAI data showing 96.82% of individual death claims settled within 30 days, while private insurers...
If West Asia crisis continues Indian exports to other parts of world will get impacted: Official

If West Asia crisis continues Indian exports to other parts of world will get impacted: Official

by AIP Online Bureau | Apr 4, 2026 | Eco/Invest/Demography, Indian News, Policy

Even if the war ends, the impact of the crisis will be there for the next few months or years, depending on which supply chain or which infrastructure has been impacted.So, at this juncture, it will be very difficult to take a very long-term view on it,” Central...
West Asia Crisis: War-risk insurance premium for Indian airlines moderates after reaching sky-high

West Asia Crisis: War-risk insurance premium for Indian airlines moderates after reaching sky-high

by AIP Online Bureau | Apr 3, 2026 | Eco/Invest/Demography, Indian News, International News, Non-Life

The additional war risk premium stood at approximately Rs 30,00,000 per round trip for a narrow-body aircraft and Rs 90,00,000 per round trip for a wide-body aircraft for a few days but nobody had paid it, said sources New Delhi: After shooting up,because of the...
Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter

Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter

by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Atish Suri, CEO India, Middle East & Africa, stated,”In the India and Middle East markets, we are seeing a strong commitment from reinsurers to maintain coverage despite the complexities posed by ongoing conflicts.” In terms of Apr 1 renewal outcomes,...
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