by AIP Online Bureau | Oct 15, 2026 | Indian News, Life
“We expect to sustain this momentum and grow in line with the industry in FY27.”Vibha Padalkar, MD & CEO, HDFC Life Mumbai:HDFC Life Insurance. the second largest private life insurer, posted a 13.6% rise in quarterly profit on Thursday, helped by...
by AIP Online Bureau | Oct 15, 2026 | International News, Non-Life, Reinsurance, Risk Management
Artificial intelligence, geopolitical tensions and growing digital interdependencies are changing both the frequency and nature of cyber risk. At the same time, the economic cost of cybercrime continues to rise, Patrice Michellon, Chief Executive for Continental...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Wealth Management/ Philanthropy
Prem Watsa, chairman and chief executive officer of Fairfax Financial Holdings, said the acquisition represented a rare opportunity to build a major financial institution in one of the world’s fastest-growing economies. Toronto/Mumbai: Fairfax Financial...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Regulatory bodies in Singapore, Hong Kong and the UK have launched consultations to introduce innovative risk transfer solutions built on protected cell companies. They aim to improve access to insurance covers for SMEs and to better spread peak natural catastrophe...
by AIP Online Bureau | Oct 15, 2026 | Data, Eco/Invest/Demography
SIAM expects the industry to maintain positive growth in the second half of FY2026-27, supported by the festive season, new vehicle launches, infrastructure spending, fleet replacement and last-mile mobility demand. New Delhi: Domestic automobile sales across major...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The Coalition’s initial work will focus on engaging leaders in a dialogue about the five most critical and interconnected decision domains for building resilience today: geopolitics and geoeconomics; the natural environment; digital and AI; operations; and people and...
by AIP Online Bureau | Oct 14, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Property insurers have already scaled back — or even canceled — policies for wildfire losses in California, and for hurricane risk in Florida and Louisiana. In Europe, only a quarter of natural catastrophe losses are currently covered, leaving the continent facing “a...
by AIP Online Bureau | Oct 14, 2026 | Articles, Technology
“Whenever I hear executives say they’re investing in AI in order to reduce staff, it tells me that organization has no strategy.Because cutting costs is the least imaginative use for AI. Keep your people, teach them how to use the tools safely, and pursue...
by AIP Online Bureau | Oct 14, 2026 | Indian News, Non-Life
The insurer’s combined ratio was 107 per cent in the July-September quarter as against 105 per cent in Q2 FY2026 The company had an underwriting loosses of Rs 318 crore, up 78 per cent in Q2FY27. Mumbai: With higher premium and investment income, ICICI Lombard...
by AIP Online Bureau | Oct 14, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits
The benchmark disability requirement for availing of the pension has been reduced from 80 per cent to 40 per cent. The minimum age criterion has also been removed, making persons with disabilities eligible for assistance from birth. New Delhi: The Union Cabinet on...
