by AIP Online Bureau | Sep 23, 2026 | Indian News, Life, Non-Life, Reinsurance
Greater transparency would be required from insurers and large distribution entities, which would have to disclose commission policies and structures in a simple and accessible manner. Specified commercial insurance policies would also carry commission disclosures,...
by AIP Online Bureau | Sep 23, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Sep 23, 2026 | Eco/Invest/Demography, International News, Non-Life
Girija Subramanian,member, Distribution, Insurance Regulatory & Development Authority of India “ Subramanian’s career reflects an extraordinary commitment to expanding the reach and relevance of insurance across India,” said Josh Landau, President of the...
by AIP Online Bureau | Sep 23, 2026 | Eco/Invest/Demography, Indian News, Regulation, Technology
In a social media post, the Food Safety and Standards Authority of India (FSSAI) informed that it has launched a “major crackdown on e-commerce platforms, including Amazon, Swiggy Instamart, BigBasket, Flipkart India and Zepto over regulatory...
by AIP Online Bureau | Sep 23, 2026 | Indian News, Non-Life
The government order directed the SIT to conduct a comprehensive investigation into all fraud complaints received from insurance companies and submit investigation reports to the government without delay through the Director General and Inspector General of Police....
by AIP Online Bureau | Sep 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
The release said the decision was aimed at ensuring that the banking needs of customers are not adversely affected for an extended period due to the strike and the preceding holidays. New Delhi: Public sector banks and regional rural banks will remain open and...
by AIP Online Bureau | Sep 23, 2026 | Briefs, Health, Intermediaries
Niva Bupa Health Insurance has signed a corporate agency agreement with LICHFL Financial Services to expand access to comprehensive health insurance solutions.Prakash Kumar Sinha, CEO, LICHFL Financial Services, said, “This partnership brings together our network and...
by AIP Online Bureau | Sep 23, 2026 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
From an insurance perspective, events such as recent floods in South Asia reinforce the need for a forward-looking approach to risk assessment. Historical loss data remains important, but should be complemented by climate science, catastrophe modelling, engineering...
by AIP Online Bureau | Sep 23, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life
“Today, more than 60 crore beneficiaries have access to Rs 5 lakh annual health cover making it the largest healthcare scheme in the world,” he said in his post.It has enabled record savings on medical expenses, thus benefitting the poor and middle class.Ayushman...
by AIP Online Bureau | Sep 22, 2026 | Health, Indian News
The Karnataka health regulator on Sunday said it has cancelled 16 drug licences of retailers and wholesalers and suspended eight others in connection with the alleged distribution and sale of spurious medicines. New Delhi: Pfizer on Tuesday said patient safety and...