by AIP Online Bureau | Jul 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Technology
“As banks, insurers and financial market infrastructures become increasingly reliant on cloud services, disruption at a major supplier could affect multiple firms at the same time, potentially impacting services customers depend on,” the government said in a statement...
by AIP Online Bureau | Jul 15, 2026 | Indian News, Non-Life, Reinsurance
Sanjeev Mantri, MD & CEO, ICICI Lombard General Insurance The company said the quarter’s combined ratio included the impact of two large fire losses amounting to Rs 63 crore, which added 1 percentage point to the ratio. In addition, a recent Supreme Court...
by AIP Online Bureau | Jul 15, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Panama Canal is exposed to specific hydrological risk, as reduced rainfall in the Gatún Lake watershed could again lower water levels, leading to draft restrictions and revenue pressure. Fitch Ratings says El Niño poses broad weather-related risks for Latin...
by AIP Online Bureau | Jul 15, 2026 | Indian News, Non-Life, Reinsurance
Ankur Gupta, CEO, Partner Re,GIFT City. Partner Re’s GIFT City branch will provide support to Indian clients, enhancing responsiveness, regulatory alignment, and ease of doing business, offering locally the depth of PartnerRe’s global underwriting expertise and...
by AIP Online Bureau | Jul 15, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits
Another document purports to show that Reliance Infrastructure and the Nuclear Power Corporation had taken out an insurance policy that would entitle them to $112 million if either Unit 3 or Unit 4 were to suffer an act of terrorism Bengaluru: Ransomware group...
by AIP Online Bureau | Jul 15, 2026 | Indian News, Life
Vibha Padalkar, MD & CEO, HDFC Life, said,”Growth during the quarter was underpinned by strong customer acquisition, with the number of policies growing in double digits and ahead of industry,” Mumbai:Despite having a slight fall in value in new margin...
by AIP Online Bureau | Jul 15, 2026 | Indian News, Life
Anup Bagchi,MD & CEO,said, “We reported a new business premium growth of 21.3 per cent year-on-year in Q1-FY2027 on the back of number of policies growth of 13.2 per cent. Protection continues to be our core focus area, During the quarter, we settled ₹ 1,306 crore...
by AIP Online Bureau | Jul 15, 2026 | Indian News
The affidavit stated that the objective of an aircraft accident investigation is solely to improve aviation safety and prevent future accidents, and not to apportion blame or determine civil or criminal liability. New Delhi:The Aircraft Accident Investigation Bureau...
by AIP Online Bureau | Jul 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States,” he said in a post...
by AIP Online Bureau | Jul 13, 2026 | Indian News, Non-Life, Reinsurance
LtoR-Girija Subramanian, CMD, New India Assurance,G Srinivasan,MD&CEO,Galaxy Health Insurance,SK Kanwar, Advisor, Reliance Industries,BCPatnaik, Director, National Insurance Academy and Amit Roy,Partner and Leader- Insurance & Allied Businesses · PwC...
