by AIP Online Bureau | Jul 24, 2026 | Indian News, Non-Life
“The Motor Third Party line of business continued to be under pressure as there was no premium increase while claims inflation continued. The significant spike in the Motor TP loss ratio had a severe adverse impact on the results. The industry is looking forward...
by AIP Online Bureau | Jul 22, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Among the period’s defining events were the Venezuela earthquake (preliminary $20-30 billion economic loss), Portugal’s costliest windstorm on record ($4.4 billion economic loss) and an active SCS season across the U.S. ($34 billion economic loss)....
by AIP Online Bureau | Jul 7, 2026 | Indian News, Life, Non-Life, Technology
L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC’s...
by AIP Online Bureau | Jun 29, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Direct physical damage is estimated at $6.7 billion (range of $4.7 billion to $8.7 billion), driven by losses to housing and economic assets, according to the preliminary assessment. This does not include infrastructure damage, wider economic disruption and...
by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Private credit has been rattled in recent months by concerns about overspending on artificial intelligence, the technology’s disruptive power notably as regards the software industry and doubts over lending standards.The ECB said that the upstart industry in isolation...