by AIP Online Bureau | Sep 30, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Wealth Management/ Philanthropy
In India, insurance and pensions grew fastest, up 11.4%, ahead of deposits (9.8%) and securities (6.1%). Nevertheless, like in many emerging economies, deposits still have the highest share in private households’ portfolios, at 40.2%, followed by securities with 32.7%...
by AIP Online Bureau | Sep 30, 2026 | Indian News, Non-Life
Industry sources have said though name of Deepak Shankar is doing the round as the first CEO of the company, which has already applied for a license from the IRDAI, the development is yet to be announced officially by the insurer Mumbai: Preparing to start its...
by AIP Online Bureau | Sep 30, 2026 | International News, Risk Management
Catastrophe was narrowly avoided after a passenger and members of crew stormed the cockpit of the Flydubai plane that had taken off in Dubai and managed to stabilize the jet, after it plunged more than 14,000 feet (4,300 meters) in less than 30 seconds at almost the...
by AIP Online Bureau | Sep 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Technology
Scott Field, Co-founder and Chief Product & Technology Officer of OverseeAI, said, “Insurance products are among the most complex assets a carrier operates, and modernizing them starts with a clear, structured understanding of what they are and how they work. We...
by AIP Online Bureau | Sep 30, 2026 | Indian News, Non-Life
Lavnya R Mundayur, CMD, New India Assurance With 35 years of experience, Mundayur is currently the youngest CMD in the PSU general insurance industry. She had joined NIA as a direct recruit officer in 1991 and was a general manager and chief underwriting officer of...
by AIP Online Bureau | Sep 29, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Andreas Berger, Group CEO, Swiss Re The plan is to provide underwriting expertise in lines of business that are critical for the continued growth of the Indian economy, including high-tech and manufacturing sectors. The partnership also intends to offer international...
by AIP Online Bureau | Sep 29, 2026 | Workplace/Employee Benefits
You need to know the premium of the product – Refer to the Product BrochureVIBE offers Sum Insured options ranging from ₹7 lakh to ₹1 crore, with premiums varying based on the policy structure and age band.1A policy SI 7L premium Rs 8,483 and for SI1Cr premium...
by AIP Online Bureau | Sep 29, 2026 | Eco/Invest/Demography, International News, Life, Non-Life
A rapidly aging population and a mature domestic market are pushing Korean financial groups to head out. Backed by strong balance sheets, they are scouring investments ranging from US insurance and retirement businesses to banks and consumer-finance companies across...
by AIP Online Bureau | Sep 29, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
A French judge ordered the company to pay the maximum fine in France of €225,000 for corporate manslaughter, “or involuntary homicide,” after a three-week trial earlier this year over the crash of a Swiftair-owned MD-83 airliner. The Paris Criminal Court found Spanish...
by AIP Online Bureau | Sep 29, 2026 | Eco/Invest/Demography, International News, Risk Management
While public companies routinely outline product risks to investors, few, if any, have issued warnings suggesting their technology could cause potential human extinction. Anthropic emphasized both the transformative potential of AI on par with industrialization and...
