by AIP Online Bureau | May 27, 2026 | Indian News, Life, Policy, Regulation
The government plans to sell a stake of about 2% in the state-run insurer in late June or early July to institutional investors.The Department of Investment and Public Asset Management, under India’s Finance Ministry, is working with Goldman Sachs Group Inc., Motilal...
by AIP Online Bureau | May 26, 2026 | Indian News, Life, Non-Life, Regulation, Risk Management
For assessment of KMP performance and payment of variable pay/incentives, insurers must mandatorily consider six broad parameters. The six parameters together will account for 50% of the overall performance assessment for variable pay. Hyderabad:In a mjor decision...
by AIP Online Bureau | May 26, 2026 | Indian News, Life, Non-Life, Reinsurance
GIC Re’s Combined ratio improved marginally to 103.43 per cent in Q4FY26 from 103.56 per cent a year earlier “On the back of disciplined underwriting, consistent execution, and our strategic approach, we hope and believe that we will continue to improve and...
by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Marco Rubio,U.S. Secretary of State Following strikes against targets that the U.S. said included boats attempting to lay mines and missile launch sites, U.S. Secretary of State Marco Rubio told reporters on his plane in India’s Jaipur that the Strait of...
by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Private credit has been rattled in recent months by concerns about overspending on artificial intelligence, the technology’s disruptive power notably as regards the software industry and doubts over lending standards.The ECB said that the upstart industry in isolation...
by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, International News, Technology
Sam Altman,CEO,OpenAI Sam Altman said he and his executives had been “roughly right” on the technological predictions made by OpenAI when it launched ChatGPT in 2022. But he said they were “pretty wrong” on the social and economic implications. OpenAI CEO Sam Altman...
by AIP Online Bureau | May 26, 2026 | International News, Non-Life, Reinsurance
Rafael Schneider,Market Head, Germany, will become Market Head Mediterranean & Middle East.He will be succeeded in this role by Kristina Franke. Zurich:Following last month’s announcement about Anna Ziswiler’s move to Asia, Swiss Re has announced the...
by AIP Online Bureau | May 26, 2026 | Eco/Invest/Demography, Non-Life, Technology
The report, “Unlocking Asia’s Cyber Insurance Opportunity: The Broker’s Role in Growth”, notes digital adoption is accelerating across the region, yet standalone cyber insurance penetration remains structurally low. In many markets, fewer than five percent of small...
by AIP Online Bureau | May 26, 2026 | Intermediaries, International News, Non-Life, Reinsurance
Christian Hoffman, Global CEO, Commercial Risk, Aon In this role, Hoffman will lead Aon’s global Commercial Risk business, advancing the firm’s strategy to help clients navigate increasing volatility by connecting their complex risk needs with the most efficient forms...
by AIP Online Bureau | May 26, 2026 | Indian News, Non-Life
By releasing an interim report, Indian authorities will not be required to share the findings ahead of time with the U.S. National Transportation Safety Board (NTSB), which is participating in the investigation because the aircraft was designed and manufactured in...
