by AIP Online Bureau | Jul 5, 2026 | Eco/Invest/Demography, Indian News, Life
As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification...
by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology
Girija Subramanian, CMD, New India Insurance and Dr. Debasish Prusty, Additional Secretary, Department of Financial Services at the India Insurance Summit 2026 in Mumbai on Friday The the India Insurance Summit 2026, organised by Asia Insurance Post under the aegis of...
by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Policy
The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi’s government and motorists in the world’s third-biggest car market. NEW DELHI: India’s government...
by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Regulation, Technology
Starting in 2019, lawsuits were brought by dozens of Indian and global firms – Amazon against fake shopping sites trading on its name and McDonald’s complaining against bogus sites offering franchises. In December, an Indian court blocked more than 1,100...
by AIP Online Bureau | Jul 4, 2026 | Indian News, Regulation
There have been concerns that hefty upfront commissions encourage distributors to prioritise sales volumes over customer suitability, resulting in mis-selling and customers being pushed into purchasing policies frequently. MUMBAI: India’s insurance regulator is...
by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
“AI-enabled cyber attacks emerged as the most important near-term challenge,” it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified...
by AIP Online Bureau | Jul 1, 2026 | Health, Indian News
Prudential Health India.Prudential plc (UK) and HCL Group announced a 70:30 joint venture in March 2025 to launch a standalone health insurance business in India. Hyderabad: The Insurance Regulatory and Development Authority of India (IRDAI) has granted Certificate of...
