by AIP Online Bureau | May 8, 2026 | Articles, Banking & Bancassurance, Eco/Invest/Demography, Life, Pension & Social Security
R. Doraiswamy, CEO and MD, Life Insurance Corporation Many families remain unaware of Pradhan Mantri Jeevan Jyoti Bima Yojana or that premiums were paid for deceased members, with no physical policy document issued.In the absence of a nominee, families must undergo...
by AIP Online Bureau | May 8, 2026 | Eco/Invest/Demography, Life, Non-Life, Technology
According to the report, insurers that combine reusable AI capabilities with strong governance and platform discipline can accelerate the decommissioning of legacy systems while maintaining operational control. Agentic AI presents an opportunity to fundamentally...
by AIP Online Bureau | May 8, 2026 | Eco/Invest/Demography, Indian News, Policy
Ram Mohan Naidu,Union Civil Aviation Minister Addressing the India Aircraft Leasing and Financing Summit 2.0 at GIFT City in Gandhinagar, the minister said the Ministry of Civil Aviation is engaging with the Ministry of Finance to develop forward-looking aviation...
by AIP Online Bureau | May 8, 2026 | International News, Non-Life, Reinsurance, Technology
AI-focused companies dominated the quarter, accounting for 95.2% of total funding — a record share. These firms raised USD 1.55 billion across 68 deals, with all of the ten largest funding rounds going to AI-led businesses. Global InsurTech funding remained resilient...
by AIP Online Bureau | May 8, 2026 | Articles, Eco/Invest/Demography, Regulation, Risk Management, Technology
Anthropic’s Claude Mythos Preview highlights rapidly escalating AI-driven cyber risks, with the model able to identify and exploit vulnerabilities across major systems even in non-expert hands.This signals how quickly such threats could extend beyond technology and...
by AIP Online Bureau | May 8, 2026 | Data, Eco/Invest/Demography, Pension & Social Security, Policy
Punjab records the highest share of informal workers at 82 per cent, followed by Uttar Pradesh and Bihar at 81 per cent each.Rajasthan, Chhattisgarh, Andhra Pradesh and Madhya Pradesh also exhibit high levels of informal employment, with nearly 74 per cent of workers...
by AIP Online Bureau | May 7, 2026 | International News
The U.S. targeted “an Iranian oil tanker traveling from Iran’s coastal waters near Jask toward the Strait of Hormuz, as well as another vessel entering the Strait of Hormuz near the Emirati port of Fujairah,” a spokesperson for Iran’s...
by AIP Online Bureau | May 7, 2026 | Health, International News
In total, five people are confirmed to have contracted the virus, with another three suspected cases, the World Health Organization said. Hantavirus is usually spread by rodents but can in rare cases be transmitted person-to-person. AMSTERDAM/GENEVA:Countries...
by AIP Online Bureau | May 7, 2026 | International News, Non-Life, Reinsurance, Risk Management, Technology
“FM Essential brings together engineering insight, data analytics and competitive risk transfer capabilities to help manufacturers navigate complexity and focus investment where it has the greatest impact.” Alex Tadmoury, executive vice president, International, at FM...
by AIP Online Bureau | May 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe, stable passage” through the waterway will be possible with “new protocols in place.” That came soon after a report that the US had proposed a peace deal, which Tehran is now considering. Iran has laid...
