by AIP Online Bureau | Sep 27, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Ajay Seth, Chairman, IRDAI Defending the regulator’s sweeping proposals to recalibrate insurance distribution economics, Seth said the proposed framework should ultimately benefit policyholders by creating greater efficiencies and potentially lowering premiums.The...
by AIP Online Bureau | Sep 27, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Also,for the first time, Indian companies are insuring Indian ships independently for higher-value vessels. The coverage spans Hull & Machinery, Cargo against War perils in High-Risk Area and Protection & Indemnity. New Delhi:Amidst prolonged West Asia...
by AIP Online Bureau | Sep 27, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
“A high-level committee of the IBA and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays. This committee will explore all possible alternatives, discuss with all the stakeholders, and work out a solution...
by AIP Online Bureau | Sep 27, 2026 | International News, Regulation, Risk Management, Technology
Boeing has identified a previously undisclosed 737 MAX software glitch that could cause an automated navigation feature to fail during landing, the Wall Street Journal reported on Saturday, citing company documents. The software issue in some of its B737 MAX planes...
by AIP Online Bureau | Sep 27, 2026 | Data, Health
The average sum insured on fresh retail health indemnity policies rose by about Rs 1.4 lakh to Rs 13.7 lakh during October 2025-August 2026, compared to the year-ago period, the insurer said. Kolkata: The exemption of individual health insurance premiums from GST...
by AIP Online Bureau | Sep 27, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology
J P Nadda,Union Health Minister Dr M Srinivas, Member (Health), NITI Aayog, said the next phase of PM-JAY should focus on strengthening continuity of care, quality and patient-centric healthcare, including seamless referral mechanisms for patients requiring...
by AIP Online Bureau | Sep 27, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy
While some states in the country were dealing with floods, others have drought, the minister noted, adding, “We are witnessing adverse effects of climate change and we have to deal with them.”Shivraj Singh Chouhan,Union Agriculture Minister Nagpur: The...
by AIP Online Bureau | Sep 27, 2026 | Articles, Disaster & Management, Eco/Invest/Demography, Risk Management
Himalayan glaciers are losing mass 65% faster than they were a decade ago, according to a new report by global consultancy Systemiq, produced with Kathmandu-based International Centre for Integrated Mountain Development. Yet only around 0.1% of the Himalaya’s...
by AIP Online Bureau | Sep 27, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
The declaration in Maharashtra came after the national weather department forecast India would end its annual monsoon season with a rainfall deficit, threatening farmers’ livelihoods. A stronger-than-usual El Nino climate phenomenon, which typically brings drier...
by AIP Online Bureau | Sep 26, 2026 | Indian News, Intermediaries, Non-Life
L-to-R- Functionaries of Insurance Brokers Association of India- Rashmi Iyer, director,Nirmal Bazaz, secretary, Narendra Bharindwal, president- at the AGM of the association in Mumbai on Saturday “We are carefully reviewing the consultation paper to fully understand...
