by AIP Online Bureau | Apr 3, 2026 | Eco/Invest/Demography, Indian News, Policy
“There are many sensitive points in the sea where our Navy has continuously made its active presence to ensure the smooth supply of goods. Whenever there is a situation of tension there, the Indian Navy has ensured the security of our commercial ships and oil...
by AIP Online Bureau | Apr 3, 2026 | International News, Non-Life
The shift in destination of Pin Shun appears to be payment-related, with sellers tightening terms, moving away from the earlier 30-60 day credit window toward upfront or near-term settlement, said Sumit Ritolia, Lead Research Analyst, Refining and Modelling at...
by AIP Online Bureau | Apr 2, 2026 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
Stephen Fox has joined Aon as a Managing Director, focusing on the firm’s digital infrastructure strategy, and Brian Hearst has been appointed Global Digital Infrastructure Builders Risk Leader Dublin: Global re.insurance broker Aon plc today announced two senior...
by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management
D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system. D-SIIs are subjected to enhanced regulatory supervision...
by AIP Online Bureau | Apr 2, 2026 | Health, Indian News, Life, Non-Life, Regulation
Wherever non-compliance is found, an action plan with timelines for removing the dark patterns has to be submitted within one month, said the IRDAI. Dark patterns involve using design and choice architecture to deceive, coerce, or influence consumers into making...
by AIP Online Bureau | Apr 2, 2026 | Briefs, Non-Life
New India Assurance has appointed Mary Abraham as its chief risk officer from today .Abraham is serving as one of the general managers of NIA and is having more than 35 years of experience in the Insurance Industry. She has handled diverse roles across various lines...
by AIP Online Bureau | Apr 2, 2026 | Indian News, 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...
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,...
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,...
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...
