by AIP Online Bureau | Oct 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation, Risk Management
“It is primarily, I think, to consumer interest, to reduce costs and also at the same time to prevent mis-selling,” said RBI Governor Sanjay Malhotra . Mumbai: RBI Governor Sanjay Malhotra has backed the Insurance Regulatory and Development Authority of India’s...
by AIP Online Bureau | Oct 7, 2026 | Indian News, Non-Life, Regulation
Sharad Mathur has already joined IndusInd General Insurance to succeed Rakesh Jain, while Parag Ved, MD & CEO of Liberty General Insurance is currently the frontrunner to succeed Tapan Singhel at Bajaj General Insurance, who completes 15 years in March 2027....
by AIP Online Bureau | Oct 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
Kate Markham, Hiscox London Market CEO, said: “Our research highlights a growing resilience gap. While organisations are investing more in risk management, many still lack the structures, visibility and capabilities needed to understand how disruption spreads across...
by AIP Online Bureau | Oct 7, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
The ratings reflect GIC Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management. In addition, the ratings factor in a neutral impact...
by AIP Online Bureau | Oct 7, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Angela Lusigi, Resident Representative, UNDP India India’s more than 73 million MSMEs contribute about 30% of the country’s GDP and 44% of its exports, while employing 60% of its workforce (SIDBI, 2025). Yet climate shocks, supply-chain disruption, workplace risks and...
by AIP Online Bureau | Oct 7, 2026 | Indian News, Non-Life, Policy, Reinsurance
The state’s Directorate of Aviation took the action in connection with the insurance claim for a government-owned AgustaWestland helicopter that crashed in May 2022, killing two pilots `We, at OICL are very disappointed at this unjust decision on the part of...
by AIP Online Bureau | Oct 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“I think for us as central bankers, the most significant of these is cyber risks.The growing use of information technology across financial systems and the increasing interconnection between financial institutions were adding a new dimension to cyber risks from...
by AIP Online Bureau | Oct 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy
The inflation prints are expected to harden moving forward, on account of a combination of factors such as the poor monsoon, rising commodity prices and an unfavourable base effect, setting the stage for another rate hike in December as of now, ICRA Chief Economist...
by AIP Online Bureau | Oct 7, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology
“Festive demand, maturing running-cost economics, a widening choice of models and sustained policy support through PM E-DRIVE and progressive state schemes are together turning the EV from an alternative into a default consideration for a growing set of buyers,” FADA...
by AIP Online Bureau | Oct 7, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
“The AI building boom is inflationary. The energy and food shocks are inflationary. Tariffs, defense spending, and high public debt can be inflationary,” Georgieva said. She called for a “prudently hawkish bias” on the part of central banks, and said countries that...
