by AIP Online Bureau | Jul 10, 2026 | Eco/Invest/Demography, Indian News, Regulation, Technology
The regulator said that it has mandated the use of 1600 series numbers for service and transaction calls by regulated entities of banking, financial services and insurance entities regulated by RBI, SEBI, IRDAI and PFRDA to their existing customers and by government...
by AIP Online Bureau | Jul 10, 2026 | Indian News, Life, Pension & Social Security
The report said the industry’s new business premiums reached Rs 1.09 lakh crore in Q1FY27, while private insurers continued to outpace the overall market, strengthening their market share to nearly 40 per cent. New Delhi:India’s life insurance industry...
by AIP Online Bureau | Jul 10, 2026 | Data, Eco/Invest/Demography, Health, Non-Life
Gross Direct Premium Income (GDPI) for standalone health insurers rose 30.9 per cent year-on-year to Rs 43.7 billion in June, significantly higher than the 15.1 per cent growth recorded by private diversified insurers and the 13.2 per cent growth seen in public sector...
by AIP Online Bureau | Jul 10, 2026 | Health, Indian News, Life
Amitabh Bachchan Sarbvir Singh, Joint Group CEO of PB Fintech, said, ” Over the years, we have invested more than ₹3,000 crore in driving awareness around insurance products. We believe Amitabh Bachchan can help make insurance a conversation in every Indian...
by AIP Online Bureau | Jul 10, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
In a detailed question-and-answer document issued to counter criticism of the Ethanol Blended Petrol Programme, the Ministry of Petroleum and Natural Gas said E20 was a “cleaner, higher-quality and more efficient fuel” than E10 or pure petrol and had been...
by AIP Online Bureau | Jul 10, 2026 | International News, Life, Wealth Management/ Philanthropy
The MoU covers the cession of the underwriting risks under Japan Post Insurance’s Postal Life Insurance policies and the establishment, investment and operation by SCOR of a reinsurance vehicle for risk management purposes, intended to assume underwriting risks held...
by AIP Online Bureau | Jul 10, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London marine insurers also reported seeing fewer inquiries for journeys to transit the strait and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Traffic through the Strait of Hormuz came to a...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Technology, Wealth Management/ Philanthropy
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation
In a related move, the FSSAI also served notices to six major beverage brands, including Red Bull and PepsiCo, for allegedly misbranding non-alcoholic beverages as “energy drinks”. New Delhi: The Food Safety and Standards Authority of India (FSSAI) has issued notices...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
Hundreds of motorists have posted complaints on X alleging reduced fuel efficiency and increased wear and tear of car parts from E20. One of the main complaints is that they have no option to buy unblended petrol if they prefer. NEW DELHI:Indian Prime Minister...