by AIP Online Bureau | Oct 23, 2026 | Articles, Intermediaries, Life, Non-Life, Regulation
As the IRDAI reshapes insurance distribution, reforms must recognise brokers’ role in risk management, claims support and better policyholder protection. Today, they contribute over 40% of general insurance premiums, bringing expertise in risk assessment, product...
by AIP Online Bureau | Oct 23, 2026 | Articles, Intermediaries, Life, Non-Life, Regulation, Technology
IRDAI’s consultation paper “Recalibrating Economics of Insurance Distribution” goes beyond commission rationalisation to propose a sweeping overhaul of India’s insurance distribution ecosystem, covering intermediary structures, remuneration,...
by AIP Online Bureau | Oct 23, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The emergency shutdowns of banking, airline, rail, tax and government services from Tokyo to Helsinki mark one of the most dramatic tests of the decades-old programming tools that keep the web running, exposing how deeply governments and companies depend on code that...
by AIP Online Bureau | Oct 23, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology, Workplace/Employee Benefits
The outages that spread across government sites in Europe and elsewhere beginning on Wednesday happened after the discovery of weaknesses in PHP, a venerable programming language that powers a huge swath of the internet. Operators have been rushing to fix their...
by AIP Online Bureau | Oct 23, 2026 | Indian News, Non-Life, Regulation
Deepak Reddy, CEO-designate, Bajaj General Insurance Reddy will be made CEO-designate of the company, effective January 1.He brings over three decades of experience in financial services, having held senior leadership positions at Bajaj Finserv, American Express,...
by AIP Online Bureau | Oct 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
SBI is investigating the breach after a preliminary analysis identified nearly 4,000 records containing customers’ personal information, the bank said in an exchange filing Wednesday. About 375,000 records available on the dark web were analyzed as part of the initial...
by AIP Online Bureau | Oct 22, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The casualty industry faces increasing complexity, ranging from longstanding tort exposures and mass litigation to emerging risks such as artificial intelligence liability, as firms navigate a rapidly evolving landscape. Against this backdrop, casualty (re)insurers...
by AIP Online Bureau | Oct 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. The damage wrought cross France by the recent street...
by AIP Online Bureau | Oct 20, 2026 | Indian News, Non-Life, Policy, Technology
Sanjay Lalla, Prject leader, EASE The proposed EASE framework could provide a common reform roadmap for public sector general insurers, with a focus on improving productivity, strengthening governance, modernising technology platforms and enhancing customer service....
by AIP Online Bureau | Oct 19, 2026 | International News, Non-Life, Technology
Sompo Japan Insurance has spent the past several years building its cyber capabilities, developing a tailored cyber offering for its core Japanese market. To support this continued growth, Sompo Japan Insurance has selected Account Manager, CyberCube’s...