by AIP Online Bureau | Nov 8, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
The industry has been anxiously awaiting IRDAI’s final decision on the implementation date and modalities of its consultation paper, Recalibrating Economics of Insurance Distribution. Brokers fear that the sweeping proposals including reducing their commissions, if...
by AIP Online Bureau | Nov 8, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Nov 8, 2026 | Articles, Intermediaries, Non-Life, Regulation, Reinsurance
If the proposals, as listed in the IRDAI’s consultaion paper, are implemented, brokers, corporate agents and other intermediaries will become a unified single class. The regulator has, in effect, proposed removing ‘insurance brokers’ as a separate class, which...
by AIP Online Bureau | Nov 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Insurers are not expected to broadly retreat from the crypto sector or reduce the availability of coverage. But the largest crypto theft on record could bring tougher scrutiny of crypto firms’ exposure to Binance and any weaknesses identified in the attack, which the...
by AIP Online Bureau | Nov 8, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
The importance of securing shipping capacity has increased as geopolitical tensions in West Asia disrupt commercial movement near the Strait of Hormuz, pushing up freight rates and war-risk insurance costs. New Delhi: State-owned Indian Oil Corporation plans to...
by AIP Online Bureau | Nov 8, 2026 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Risk Management, Technology
Geopolitical tensions, shifting trade relationships, resource constraints, cyber threats, regulatory shifts, and energy-linked disruption are creating ripple effects that extend far beyond their original source. A disruption in one corner of the world can quickly...
by AIP Online Bureau | Nov 8, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation
Speaking to PTI on the sidelines of the Garmin Health Summit in Bangkok, Apollo Hospitals Joint Managing Director Sangita Reddy, said, “We have requested the government to lead us on a delegation to work with the insurance companies. If they start...
by AIP Online Bureau | Nov 8, 2026 | Eco/Invest/Demography, Health, Indian News
As on date, 76 pharmaceutical companies have reported revised MRP for 1225 anti-cancer formulations, covering 121 drugs. Reduction in the MRP have been reported in 1031 formulations of anti-cancer medicines, with 600 brands reporting above 50% reduction and the...
by AIP Online Bureau | Nov 7, 2026 | Indian News, Policy, Workplace/Employee Benefits
“The ultimate assessment as to whether an officer has become dead wood or whether his continuance would be detrimental to administrative efficiency falls within the domain of the executive. However, such satisfaction cannot be found upon mere conjecture or whim....
by AIP Online Bureau | Nov 7, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
“As risks grow in scale and complexity, clients are looking for effective risk transfer solutions that consider all forms of available capital,” said Greg Case, President and CEO, Aon. Dublin: Blackstone Inc. has set up a Lloyd’s of London syndicate with...
