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Everest to sell Mexico insurance operations to Fairfax

Everest to sell Mexico insurance operations to Fairfax

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...
Low insurance penetration, reforms to drive ‘massive’ growth in India’s insurance sector: S&P

Low insurance penetration, reforms to drive ‘massive’ growth in India’s insurance sector: S&P

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...
War Risk Insurance: Preparing for a new Geopolitical Reality

War Risk Insurance: Preparing for a new Geopolitical Reality

by AIP Online Bureau | Aug 4, 2026 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management

Rising geopolitical tensions are turning war from a distant threat into a tangible business risk for Indian companies exposed to global trade, shipping and supply chains. With conventional insurance policies largely excluding war-related losses, businesses need to...
EV Transition: Plugging in new insurance solutions

EV Transition: Plugging in new insurance solutions

by AIP Online Bureau | Aug 4, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Technology

India’s electric mobility revolution is moving from promise to reality, with EV sales recording strong growth across segments. As adoption accelerates, insurers must rethink traditional motor cover to address battery risks, charging infrastructure, specialised...
GI Council defends fever admission advisory, says it controls misuse by hospitals and inflating of premiums

GI Council defends fever admission advisory, says it controls misuse by hospitals and inflating of premiums

by AIP Online Bureau | Aug 3, 2026 | Health, Indian News, Non-Life

Between 2019 and 2024, unnecessary hospital admissions have surged dramatically. Data shows Rs 94,247.6 crore in total health claims settled in 2024–25, with cashless-only admissions accounting for 66.4 per cent of the volume.The insurance industry receives hundreds...
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