by AIP Online Bureau | Jul 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Pricing for general liability varied by region, with India and the United Arab Emirates seeing the largest declines. Mumbai:India, Middle East, and African re/insurance markets have witnessed a decrease in rates across all lines in the second quarter of 2026, said a...
by AIP Online Bureau | Jul 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
From Lto R- G Srinivasan, MD& CEO, Galaxy Health Insurance, SK Kanwar, advisor, Reliance Industries,S. Sivasankar, executive director, New India Assurance(NIA),Girija Subramanian, CMD, NIA at NIA’s 108th Foundation Day celebration on Wednesday in Mumbai...
by AIP Online Bureau | Jul 23, 2026 | Workplace/Employee Benefits
New India Aims for 50:50 Corporate-Retail Portfolio as Insurance Sector Enters New Era Mumbai: New India Assurance (NIA) plans to gradually rebalance its business portfolio by increasing its retail and MSME presence while retaining its leadership in the corporate...
by AIP Online Bureau | Jul 23, 2026 | Indian News, Non-Life
Twenty-five workers were inside the under-construction NHPC Teesta Stage VI Hydropower Project tunnel, which collapsed following an explosion suspected to have been caused by methane gas shortly after 1 pm on Monday. Namchi:The bodies of 22 workers have been retrieved...
by AIP Online Bureau | Jul 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life
The proposed venture is expected to become the first new insurance company with up to 90 per cent foreign ownership following the government’s decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent Mumbai:Global...
by AIP Online Bureau | Jul 23, 2026 | Eco/Invest/Demography, International News, Risk Management
The settlement is the largest known copyright payout in U.S. history. The dispute reflects the intensifying legal battle over how generative AI models are trained. AI developers, including Anthropic, have argued that using publicly available copyrighted material...
by AIP Online Bureau | Jul 23, 2026 | Briefs, Life
Mumbai:HDFC Life, the third largest life insurance company in the country, has crossed Rs four trillion of assets under management (AUM).The company’s current debt-equity ratio is 72:28. A high proportion of its debt investments are in Government bonds and AAA-rated...
by AIP Online Bureau | Jul 22, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Among the period’s defining events were the Venezuela earthquake (preliminary $20-30 billion economic loss), Portugal’s costliest windstorm on record ($4.4 billion economic loss) and an active SCS season across the U.S. ($34 billion economic loss)....
by AIP Online Bureau | Jul 22, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology
India, which is keen to expand its use of clean energy, last year opened its nuclear generation sector to domestic and foreign firms in the private sector. It aims to expand nuclear capacity to 100 GW by 2047 from about 8.8 GW at present. NEW DELHI: India said on...
by AIP Online Bureau | Jul 22, 2026 | International News, Technology
“We consider this to be an unprecedented cyber incident, involving state-of-the-art cyber capabilities, and are responding accordingly,” OpenAI said in the blog post. “We are sharing preliminary findings at this stage to help defenders understand what happened and to...
