by AIP Online Bureau | Aug 15, 2026 | Data, Eco/Invest/Demography, Health, Life, Non-Life
“AI is helping insurers analyze documents and identify missing information before a human ever becomes involved. And importantly, it is not replacing insurance professionals. Instead, these systems are removing repetitive administrative work so employees can...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation
“The idea is to benchmark treatment rates, agreed between insurers and hospitals, to reduce disputes and fraudulent claims,” said one of the sources. MUMBAI: The government is weighing wide-ranging reforms of health insurance, from benchmarked treatment...
by AIP Online Bureau | Aug 11, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Wildfire risk has so far accounted for only a relatively small share of insured losses in Europe. Yet it is the fastest-growing weather peril globally. Insured wildfire losses in Europe have increased by an estimated 8–11% per year in real terms since 1970, Swiss Re...
by AIP Online Bureau | Aug 6, 2026 | International News, Non-Life, Reinsurance
The transaction follows Everest’s recent announcements of agreements to sell its Colombia and Canada insurance operations as part of its planned exit from its remaining commercial retail insurance businesses. It is expected to close in 2027, subject to customary...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
“Accelerated industry reforms and low penetration levels to drive massive sector growth in India. Liberalization, competition and regulatory changes will shape the insurance sector’s development,” the S&P report said. New Delhi:India’s...