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Reliance General Insurance fined Rs 1 cr by IRDAI

Reliance General Insurance fined Rs 1 cr by IRDAI

by AIP Online Bureau | Dec 27, 2025 | Indian News, Non-Life, Regulation

The IRDA order clafrified that the submission of the insurer failed to adequately demonstrate and provide evidences regarding the authenticity and legitimacy of the payments made to the Glitterbug Technologies, an individual agent, Suvidhaa Infoserve and Aditya Birla...
“We await the final report  ” Air India CEO on Ahemedabad crash

“We await the final report ” Air India CEO on Ahemedabad crash

by AIP Online Bureau | Oct 29, 2025 | Indian News, Non-Life, Risk Management, Technology

Speaking at a conference in the national capital, Wilson also said the interim probe report into the crash indicated that there was nothing wrong with the aircraft, the engines and the operation of the airline. New Delhi: Air India CEO Campbell Wilson on Wednesday...
AAIB initial report on plane crash found no mechanical maintenance issues with Boeing 787-8 plane AI CEO

AAIB initial report on plane crash found no mechanical maintenance issues with Boeing 787-8 plane AI CEO

by AIP Online Bureau | Jul 14, 2025 | Indian News, Risk Management, Technology

“out of an abundance of caution and under the oversight of regulator DGCA, every Boeing 787 aircraft operating in our fleet was checked within days of the accident and all were found fit for service. We continue to perform all necessary checks, as we will any...
Women own 39.2 pc of bank accounts in India: Govt report

Women own 39.2 pc of bank accounts in India: Govt report

by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Workplace/Employee Benefits

Rising percentage of female-headed proprietary establishments across manufacturing, trade, and other services sectors over the years 2021-22, 2022-23 and 2023-24 has been observed NEW DELHI: Women own 39.2 per cent of bank accounts in the country and the proportion is...

Claims ratio of non-life insurers dips to 82.52% in FY24: Irdai report

by AIP Online Bureau | Dec 23, 2024 | Indian News, Life, Non-Life

The incurred claims ratio for private sector general insurers, standalone health insurers and specialised insurers were at 76.49 per cent, 63.63 per cent, and 66.58 per cent, respectively, for 2023-24 as compared to the previous year’s ratio of 75.13 per cent,...
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