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...
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...
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...
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...