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Breaching expense limits: IRDAI bars Niva Bupa from opening ​new branches for 6 months

Breaching expense limits: IRDAI bars Niva Bupa from opening ​new branches for 6 months

by AIP Online Bureau | Aug 20, 2026 | Health, Indian News, Regulation

Niva Bupa Health Insurance failed ​to comply with limits on expenses ​of management, which comprises operating costs and ⁠commissions paid to agents and distributors, during ​fiscal year 2024-25, as per the IRDAI statement The company is evaluating the order and will...
Health Insurance: Rising adoption, but customer experience not keeping pace

Health Insurance: Rising adoption, but customer experience not keeping pace

by AIP Online Bureau | Aug 20, 2026 | Articles, Health, Non-Life

Hansa Research report, on the Indian health insurance industry, highlights a growing gap between rising health insurance adoption and customer experience, with industry net promoter score declining from 55% to 50%. Tata AIG leads the rankings, followed by ICICI...
8th Health Insurer: Prudential Health India commences operations

8th Health Insurer: Prudential Health India commences operations

by AIP Online Bureau | Aug 20, 2026 | Health, Indian News, Regulation

Naveen Tahilyani, Regional CEO, Indonesia, Malaysia, the Philippines, India, Africa; Group Agency and Health, Prudential plc, said: “India is a strategically important market for Prudential, with strong macroeconomic fundamentals, rising demand for healthcare, and...
Hormuz traffic slows as uncertainty over waterway persists

Hormuz traffic slows as uncertainty over waterway persists

by AIP Online Bureau | Aug 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Traffic slowed further at the other major Middle East waterway, the Bab el-Mandeb ​strait.A total ​of ⁠27 commodity vessels passed through Bab el-Mandeb on Wednesday, ​down from 32 on Tuesday, ​Kpler ⁠data showed.Some vessels may be sailing through the waterways with...
LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%

LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%

by AIP Online Bureau | Aug 20, 2026 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

The approval would give LIC the option to significantly increase its ownership in the private sector lender, subject to the applicable regulatory and statutory requirements Mumbai:Life Insurance Corporation of India (LIC), India’s largest insurance company, has...
Dutch ​e-commerce investor Prosus to invest $100 mn in Sachin Bansal’s Navi

Dutch ​e-commerce investor Prosus to invest $100 mn in Sachin Bansal’s Navi

by AIP Online Bureau | Aug 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology

Sachin Bansal, founder, Navi The investment values ​Navi at about $1.3 billion. At present, Navi offers loans, insurance, mutual funds, and UPI payments. Mumbai: Sachin Bansal-promoted Indian fintech startup Navi said on Wednesday it will raise $100 million from Dutch...
Munich Re acquires US based cyber insurtech At-Bay for $575 million

Munich Re acquires US based cyber insurtech At-Bay for $575 million

by AIP Online Bureau | Aug 19, 2026 | International News, Non-Life, Reinsurance, Technology

The acquisition is a strategic move to strengthen Munich Re’s and HSB’s position as a leader in the cyber market by combining insurance with proactive risk mitigation and a state-of-the-art technology platform. It also positions the company for greater access to a...
Wall street leans on Insurance Pools for $16 billion Kuwait deal

Wall street leans on Insurance Pools for $16 billion Kuwait deal

by AIP Online Bureau | Aug 18, 2026 | Eco/Invest/Demography, International News, Non-Life

Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. opted for insurance-backed financing for the debt portion of the landmark deal. The decision points to the growing role of insurers as providers of long-dated capital for infrastructure assets, whose...
Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs

Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs

by AIP Online Bureau | Aug 18, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

Finance Minister Nirmala Sitharaman Sitharaman also pointed to the perception gap between public and private sector banks among younger customers, saying private banks appeared to have an image of being banks that were “cool enough as well”, and urged PSBs...
Meta faces 29-state trial that could reshape Instagram and Facebook

Meta faces 29-state trial that could reshape Instagram and Facebook

by AIP Online Bureau | Aug 18, 2026 | International News, Risk Management

The trial will test the four states’ allegations that Meta ​designed Facebook and Instagram to be addictive to children and teens and misled consumers about the safety of the platforms for young users. ​It will also address the claims of all 29 states accusing Meta of...
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Recent Posts

  • Breaching expense limits: IRDAI bars Niva Bupa from opening ​new branches for 6 months
  • Health Insurance: Rising adoption, but customer experience not keeping pace
  • 8th Health Insurer: Prudential Health India commences operations
  • Hormuz traffic slows as uncertainty over waterway persists
  • LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%

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