by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ministers of OPEC and non-OPEC Participating Countries in the Declaration of Cooperation said shipping and insurance costs have surged to unprecedented levels of over one-third of the commodity value, impeding efficient movement of crude oil and products. Iranian...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, Intermediaries, International News, Technology
Cyber risk models used across Asia have typically been benchmarked against a single global average. Under the new collaboration, Broking Manager, CyberCube’s cyber-risk analytics platform for brokers used across 40 countries, now adds an APAC regional view to...
by AIP Online Bureau | Oct 13, 2026 | Briefs, Health
Life Insurance Corporation of India on Tuesday launched three new plans — New Jeevan Dhara–II, Health Shield and Cancer Cover plan. New Jeevan Dhara –II is a non-par, non-linked, individual, savings, deferred annuity plan that provides financial independence...
by AIP Online Bureau | Oct 13, 2026 | Articles, Eco/Invest/Demography, Life, Non-Life, Technology
More than half (52%) of consumers, who were surveyed, say they would prefer a single app for payments, investments, insurance and credit.At the consumer level, the impact shortfall is rooted in trust, according to the How Urban India Pays report 2026, released by...
by AIP Online Bureau | Oct 13, 2026 | Indian News, Life
Sidharatha Mishra, chief operating officer of ICICI Life Insurance,who has been named as new managing director and CEO of the company “Our commitment is to deliver sustainable VNB growth while balancing business, profitability and risk and prudence.” New Delhi:...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Kristalina Georgieva, managing director ,International Monetary Fund. Growth is increasingly concentrated, with 32 countries accounting for 95 percent of global growth, the report said. That compares with 54 countries as of April. “The global economy is not simply...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, International News, Technology
There was no immediate estimate of industry-wide losses, but Intermarche CEO Thierry Cotillard told BFM TV the “unprecedented” attack would represent losses amounting to “tens of millions of euros nationwide in a single day.” PARIS: Hackers...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology
“UPI and Services Steering Committee today decided that, keeping in mind the festive season, Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions shall be implemented immediately post Diwali on a date to be notified separately,”...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
The expansion of the Ukraine Recovery and Reconstruction Guarantee Facility(URGF), with MS Amlin’s increasing its participation – which has led to more than €500 million of reinsurance coverage for goods and vehicles across nearly 10,000 policies to date – from...
by AIP Online Bureau | Oct 12, 2026 | Briefs, Regulation
Dinesh Pant, former managing director, Life Insurance Corporation, has joined the IRDAI as Whole-time Member (Actuary) on 12th October. The post had fallen vacant after PK Arora retired a few months back. Pant has been appointed as a member, Actuary, IRDAI, for five...
