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SC orders SIT to name NIC CMD in FIR  for probing criminal lapses in a motor accident fraud claim case

SC orders SIT to name NIC CMD in FIR for probing criminal lapses in a motor accident fraud claim case

by AIP Online Bureau | Apr 2, 2026 | Non-Life

Calling it a “test case” with national ramifications, the SC Bench comprising Justices Ahsanuddin Amanullah and R. Mahadevan issued the order after questioning the conduct of NIC for not initiating criminal proceedings despite asserting that the policy in question was...
MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha

MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha

by AIP Online Bureau | Apr 2, 2026 | Health, Indian News, Life

“It is the ruthless lapse rules governing life and health insurance policies. Today, most insurance policies, including those under LIC, provide a mere 30-day grace period for premium payment. A single list installment caused by sudden job loss, medical emergency,...
Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter

Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter

by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Atish Suri, CEO India, Middle East & Africa, stated,”In the India and Middle East markets, we are seeing a strong commitment from reinsurers to maintain coverage despite the complexities posed by ongoing conflicts.” In terms of Apr 1 renewal outcomes,...

HDFC Life partnership with KKR for IPL cricket season

by AIP Online Bureau | Apr 2, 2026 | Workplace/Employee Benefits

HDFC Life has announced its association with the Kolkata Knight Riders (KKR) as an official partner for the recently commenced IPL cricket season. Pritika Shah, head-marketing, HDFC Life, said, “Given India’s diversity, we have been building our brand through...
Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million

Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million

by AIP Online Bureau | Apr 1, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

During 2025, the growth of Peak Re was primarily driven by the continued deepening of its global diversification strategy. It strengthened its presence in high-growth emerging markets such as India, while further expanding its penetration in the mature markets of...
IRDAI forms joint expert group under Rajay Sinha for developing Ind As norms

IRDAI forms joint expert group under Rajay Sinha for developing Ind As norms

by AIP Online Bureau | Apr 1, 2026 | Indian News, Life, Non-Life, Regulation

Rajay Kumar Sinha member, Finance & Investments Indian Accounting Standards (Ind AS) is getting implemented from Apr 1 Hyderabad:In a bid to manage the technicalities for implementing Indian re/insurers to impement Indian Accounting Standards (Ind AS), which is...
CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

by AIP Online Bureau | Apr 1, 2026 | Indian News, Life

The case has been registered on the basis of a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption Act, according to an official statement. New...
Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon

Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon

by AIP Online Bureau | Apr 1, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Global demand for reinsurance increased by approximately 10 percent at the April 1 renewal, as buyers used favorable market conditions to secure more comprehensive protection, with some expected to return to the market post‑renewal to explore additional purchases. In...

by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits

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PE firm JC Flowers picks up majority stake in Bobby Swarup’s Niyam Group

PE firm JC Flowers picks up majority stake in Bobby Swarup’s Niyam Group

by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Niyam is a reinsurance platform based in GIFT City, connecting global capital with opportunities in India and other high-growth markets. Niyam Syndicate 2047 at Lloyd’s will support the development of the Indian reinsurance market in alignment with India’s...
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Recent Posts

  • SC orders SIT to name NIC CMD in FIR for probing criminal lapses in a motor accident fraud claim case
  • MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha
  • Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter
  • HDFC Life partnership with KKR for IPL cricket season
  • Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million

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