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Cyber security and IT services provider Intersys sets up India operations

by AIP Online Bureau | Jul 17, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

Led by Tanmay Gore, director of Intersys India, located in Mumbai, will address a key challenge in the market: the difficulty of assessing and pricing cyber risk for organisations that often lack dedicated IT security resources Mumbai: London based Cyber security and...
Irdai forms panels to look into violations by insurers

Irdai forms panels to look into violations by insurers

by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

“As part of enforcement function, to decide on the violations observed as regards the provisions of Insurance Act and Regulations issued there under, with respect to certain Insurers/Insurance Intermediaries, panels of Whole-Time Members were formed,”...
General insurers rush to become preferred choices for Tesla’s EV customers in India

General insurers rush to become preferred choices for Tesla’s EV customers in India

by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk’s Tesla has set up its first show room in Mumbai for selling its electronic...
Risk-Based Capital: Rewarding Indian insurers

Risk-Based Capital: Rewarding Indian insurers

by AIP Online Bureau | Jul 13, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Regulation, Reinsurance, Risk Management

The adoption of Risk-Based Capital (RBC) rules by the Indian insurance industry is more a strategic and forward-looking shift focussing not just on stability but also on expansion, and attracting long-term investment. It can better align India with global standards...

UK’s car theft reaches near a 15-year high, cost insurers $867 million

by AIP Online Bureau | Jun 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

While owners are compensated when their cars are taken, vehicle theft isn’t a victimless crime. The more cars are stolen, the more insurance premiums go up. In the first three months of the year, British car owners were quoted an average of almost £800 a year for...
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