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Distribution reforms to generate employment, make easier for new participants to enter insurance business: IRDAI Member

Distribution reforms to generate employment, make easier for new participants to enter insurance business: IRDAI Member

by AIP Online Bureau | Oct 9, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation

Girija Subramanian,member, Distribution, IRDAI The effective dates under consideration are Jan. 1 and April 1, said Girija Subramanian,member, Distribution, the Insurance Regulatory and Development Authority of India(IRDAI). Mumbai:India’s insurance regulator may...
Keralam to bring law guaranteeing care for senior citizens in next Assembly session: CM

Keralam to bring law guaranteeing care for senior citizens in next Assembly session: CM

by AIP Online Bureau | Oct 9, 2026 | Eco/Invest/Demography, Health, Indian News, Policy

V D Satheesan,Chief Minister, Keralam “We are preparing legislation to provide a legal guarantee to senior citizens that they will be protected and that somebody will be there to take care of them,” Satheesan said, ahead of the commencement of the Assembly...
Microfinance sector must prioritise savings, insurance over credit to avoid recurring crises: CEA Nageswaran

Microfinance sector must prioritise savings, insurance over credit to avoid recurring crises: CEA Nageswaran

by AIP Online Bureau | Oct 9, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life

Chief Economic Adviser V Anantha Nageswaran said microfinance institutions need to move beyond lending and focus on building sustainable livelihoods and financial security for low-income households. New Delhi: India’s microfinance sector must prioritise savings...
South Korean banks were likely hacked by a China-based actor with an AI agent, CrowdStrike says

South Korean banks were likely hacked by a China-based actor with an AI agent, CrowdStrike says

by AIP Online Bureau | Oct 8, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology

Adam Meyers, senior vice president of counter adversary operations at CrowdStrike, told reporters on a call on Thursday that this was an example of a human adversary leveraging AI agents to conduct widespread attacks. The suspect behind recent cyberattacks at South...
FSSAI issues notices to Dr Reddy’s, Nestle Health Science, Amazon, Flipkart for misleading claims

FSSAI issues notices to Dr Reddy’s, Nestle Health Science, Amazon, Flipkart for misleading claims

by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Indian News, Regulation

The regulator further said that the claims printed on the pack regarding muscle strength, immunity support and energy metabolism were found to be presented in a way that could mislead consumers about the health benefit of the product. Mumbai: Food regulator Food...
Govt caps trade margins at 30 pc of MRP for anti-cancer drugs

Govt caps trade margins at 30 pc of MRP for anti-cancer drugs

by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation

The move addresses excessive trade mark-ups and aims to improve affordability while ensuring continued availability of these life-saving medicines.The measure is expected to reduce medicine prices by up to 70% and help cancer patients save ₹2,500 crore annually,...
NMC bars AI-generated patient testimonials, clinical outcomes in medical advertising

NMC bars AI-generated patient testimonials, clinical outcomes in medical advertising

by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation, Risk Management

The guidelines prohibit registered medical practitioners and hospitals from using AI-generated content for advertising their services, soliciting patients or disseminating unverifiable information relating to diagnoses, treatments and outcomes. New Delhi:The National...
GST Council allows employers to get Input Tax Credit on GST paid for employee insurance cover

GST Council allows employers to get Input Tax Credit on GST paid for employee insurance cover

by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Health, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister Currently, an 18 per cent GST is levied on all such group insurance policies. Almost every organised employer provides cover for its workforce, so the cost of providing the coverage comes down, which should assist the spread...
PM calls for global framework on cyberfraud, deepfakes; asks govts, telcos, financial cos to team up

PM calls for global framework on cyberfraud, deepfakes; asks govts, telcos, financial cos to team up

by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Narendra Modi,Prime Minister Modi flagged the growing challenge posed by deepfakes and said countries need to work together on a global framework to address such emerging threats. NEW DELHI: Prime Minister Narendra Modi on Thursday called for a global framework to...
Companies experience sharp increase in business interruption losses, says Allianz

Companies experience sharp increase in business interruption losses, says Allianz

by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

According to a new analysis from Allianz Commercial, the average total value of a business interruption claim now exceeds €850,000. This is around 70% higher than the corresponding average property damage claim of close to €500,000, demonstrating that the financial...
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Recent Posts

  • Distribution reforms to generate employment, make easier for new participants to enter insurance business: IRDAI Member
  • Keralam to bring law guaranteeing care for senior citizens in next Assembly session: CM
  • Microfinance sector must prioritise savings, insurance over credit to avoid recurring crises: CEA Nageswaran
  • South Korean banks were likely hacked by a China-based actor with an AI agent, CrowdStrike says
  • FSSAI issues notices to Dr Reddy’s, Nestle Health Science, Amazon, Flipkart for misleading claims

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