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...
by AIP Online Bureau | Oct 12, 2026 | Briefs, Intermediaries, Non-Life, Reinsurance
Howden, the global insurance intermediary group, today announces the appointment of Elliot Richardson as Chief Commercial Officer for the Group, with immediate effect. The appointment is central to Howden’s new commercial strategy, designed to make full use of the...
by AIP Online Bureau | Oct 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
Nick Leppard,Head of Property Direct & Facultative at Atrium, says: “Semiconductor companies have a huge amount of capital tied up in highly specialised facilities, so any damage to these facilities can result in dramatic financial losses.There have been several...
by AIP Online Bureau | Oct 12, 2026 | Indian News, Non-Life
Dr Manu Kalia, member secretary, Uttar Pradesh State Legal Services Authority said more than two lakh cases are pending before motor accident claims tribunals across Uttar Pradesh. The figure does not include appeals and special leave petitions. Since insurance...
by AIP Online Bureau | Oct 12, 2026 | Eco/Invest/Demography, Health, Intermediaries, International News, Non-Life, Reinsurance
The projected medical trend rate remains substantially above the forecast for APAC general inflation rate of 2.5%. After accounting for inflation, the net medical trend rate is expected to decline from 8.9% in 2026 to 7.2% in 2027. The decline in the regional trend...
by AIP Online Bureau | Oct 12, 2026 | Health, Indian News
The bench, stressed the need to examine whether existing pricing mechanisms adequately protected patients from excessive markups, particularly where large differences existed between procurement prices and MRPs. New Delhi: The Supreme Court on Monday called for a...
