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Iran seeks “insurance mechanism” to reduce risks for ships transiting through Hormuz

Iran seeks “insurance mechanism” to reduce risks for ships transiting through Hormuz

by AIP Online Bureau | Jun 27, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Yes, we want to maintain the security of the Strait of Hormuz. We want to protect the environment of the Strait of Hormuz. We must establish an insurance mechanism so that ships involved in incidents or encountering problems are covered to reduce their...
India’s Renewable Energy Sector:Need to invest in climate resilience

India’s Renewable Energy Sector:Need to invest in climate resilience

by AIP Online Bureau | Jun 26, 2026 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Technology

The report by Zurich Kotak General Insurance and Zurich Resilience Solutions finds that nearly 90% of the planned renewable energy generation capacity across India is likely to face high or critical risk exposure, i.e. a ~15% to 30% chance of experiencing a major...
Insurance intermediaries must report big commission payments, Publish details online: IRDAI

Insurance intermediaries must report big commission payments, Publish details online: IRDAI

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

In a move aimed at strengthening oversight of sales practices, IRDAI has proposed that every branch of a Corporate Agent designate at least one Specified Person (SP) responsible for supervising solicitation activities at that location. The regulator has also proposed...
Insurance intermediaries must report big commission payments, Publish details online: IRDAI

IRDAI constitutes expert panel to chart AI roadmap for insurance sector

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

The panel, chaired by Sandeep K. Shukla, director of IIIT Hyderabad, will examine AI’s impact on insurers, policyholders and the broader insurance ecosystem, with a particular focus on ethical adoption, transparency and data security. Hyderabad:Insurance...
Insutech Turtlemint Fintech Solutions to announce around Rs 900 crore IPO on Tuesday

Insutech Turtlemint Fintech Solutions to announce around Rs 900 crore IPO on Tuesday

by AIP Online Bureau | Jun 15, 2026 | Indian News, Technology, Wealth Management/ Philanthropy

It is expected to launch its IPO between June 19 and June 23, with the issue size estimated at Rs 2,000 crore, said sources Mumbai Mumbai based insurtech startup Turtlemint Fintech Solutions, connecting insurace advisors, customers and insurance company for offering...
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