by AIP Online Bureau | Oct 14, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
The Government of India and LIC will jointly retain a 34% stake in the restructured entity.post Fairfax tarnsaction. Currently, the Government of India and LIC together hold a combined 94.72 per cent stake in IDBI Bank.The Centre holds 45.48 per cent while holds 49.24...
by AIP Online Bureau | Oct 14, 2026 | Articles, Eco/Invest/Demography, Life, Non-Life, Reinsurance, Risk Management
Insurance bodies representing Australia, the United Kingdom, Canada and New Zealand announced the formation of the Four Nations Insurance Alliance.The partnership has been established in response to common problems that have been growing across the four economies,...
by AIP Online Bureau | Oct 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Thomas Buberl, chief executive officer,AXA, said,“In a world where risks are evolving faster, multiplying and becoming increasingly interconnected, insurance is an essential factor of stability. This edition of the AXA Future Risks Report shows that, while...
by AIP Online Bureau | Oct 14, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
LtoR: Andrea Sironi, chairman of Generali Group,Ajay Banga, President,World Bank Group,at an event in Bangkok to sign MoU between World Bank and Generali to mobilise private capital, strengthen resilience and expand targeted insurance and investment solutions across...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ministers of OPEC and non-OPEC Participating Countries in the Declaration of Cooperation said shipping and insurance costs have surged to unprecedented levels of over one-third of the commodity value, impeding efficient movement of crude oil and products. Iranian...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, Intermediaries, International News, Technology
Cyber risk models used across Asia have typically been benchmarked against a single global average. Under the new collaboration, Broking Manager, CyberCube’s cyber-risk analytics platform for brokers used across 40 countries, now adds an APAC regional view to...
by AIP Online Bureau | Oct 13, 2026 | Briefs, Health
Life Insurance Corporation of India on Tuesday launched three new plans — New Jeevan Dhara–II, Health Shield and Cancer Cover plan. New Jeevan Dhara –II is a non-par, non-linked, individual, savings, deferred annuity plan that provides financial independence...
by AIP Online Bureau | Oct 13, 2026 | Articles, Eco/Invest/Demography, Life, Non-Life, Technology
More than half (52%) of consumers, who were surveyed, say they would prefer a single app for payments, investments, insurance and credit.At the consumer level, the impact shortfall is rooted in trust, according to the How Urban India Pays report 2026, released by...
by AIP Online Bureau | Oct 13, 2026 | Indian News, Life
Sidharatha Mishra, chief operating officer of ICICI Life Insurance,who has been named as new managing director and CEO of the company “Our commitment is to deliver sustainable VNB growth while balancing business, profitability and risk and prudence.” New Delhi:...
by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Kristalina Georgieva, managing director ,International Monetary Fund. Growth is increasingly concentrated, with 32 countries accounting for 95 percent of global growth, the report said. That compares with 54 countries as of April. “The global economy is not simply...
