by AIP Online Bureau | Mar 31, 2026 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy
Sanjay Lohiya, special secretary, Department of Financial Services Lohiya has been appointed as a Special Secretary, Department of Financial Services, Ministry of Finance by temporarily upgrading a vacant post of Joint Secretary in the Department. will take over as...
by AIP Online Bureau | Mar 31, 2026 | International News, Life, Non-Life, Technology
“The AI era successfully opened the window for reshaping services.The returns on investment are tangible, highly visible, and unequivocally compelling.” Ping An’s Chief Technology Officer Ray Wang said. Five years ago, almost no accident and health insurance claims at...
by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits
Mayuree Naree, owned by Bangkok-based Precious Shipping Pcl, was struck on March 11 by Iranian projectiles while transiting the strategic waterway in ballast. Of the 23 crew members on board, 20 were rescued by the Omani navy after abandoning the vessel in a lifeboat....
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The strike on the Kuwait-flagged Al-Salmi is the latest attack on merchant vessels by missiles or explosive air and sea drones in the Gulf and Strait of Hormuz since the U.S. and Israel attacked Iran on February 28. TEL AVIV/WASHINGTON: Iran attacked and set ablaze a...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Until this war, one long-held assumption around Hormuz was that Iran would never attempt to close the strait, for fear of risking its own exports, a vital economic lifeline. In fact, ship-tracking data suggest that Tehran’s oil has continued to flow — almost entirely...
by AIP Online Bureau | Mar 30, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
Pankaj Chaudhary, Minister of State in the Ministry of Finance Availability of banking outlets is monitored by a Geographic Information System (GIS) based Application, namely, the Jan Dhan Darshak (JDD) App The country has now 99.92% villages and 100% villages in the...
by AIP Online Bureau | Mar 30, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance
While the momentum in India is toward expansion, the global environment remains highly volatile. This is no longer just a rate negotiation cycle; the market is balancing two forces that do not entirely align. What lies ahead is not a uniform market, but one that...
by AIP Online Bureau | Mar 30, 2026 | Briefs, Life, Non-Life
The IRDAI has asked insurers to keep their branches open as per normal working hours on March 31, 2026.March 31 is a gazetted and public holiday in India owinng to Mahavir Jayanti.“The insurers may take note of the above and give adequate publicity to the...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy
“Another day of Carnage witnessed on D-Street. Uncertainty looms over sentiments. Escalating tensions in West Asia continued to weigh heavily on markets, as the ongoing US-Israel conflict with Iran entered its fifth week and expanded across the region,”...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management
To facilitate smooth transition, for insurers facing challenges in immediately shifting to Ind AS, a provision has been made to grant forbearance for one-year provided such a request will be be made on or before 30th April, 2026.. During the period of forbearance...
