by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, International News
The world’s second-biggest coffee trader is seeking to expand the coverage to 2,500 farmers this year, up from 500, said Laurent Bossolasco, Vietnam-based sustainability manager at ECOM. The company piloted the parametric insurance program five years ago, under which...
by AIP Online Bureau | Jul 9, 2026 | Briefs, Life
Generali Central Life Insurance (GCLICL), has launched the Sunehra Pension Plan. It is a participating (PAR), on-linked, pension, savings-oriented life insurance plan aimed at helping policyholders build a retirement corpus for their future financial security. By...
by AIP Online Bureau | Jul 9, 2026 | Banking & Bancassurance, Indian News, Life, Non-Life
The Insurance Division of DFS secured second position in the Group A category of the Grievance Redressal Assessment and Index (GRAI) for May 2026. The Banking Division ranked sixth in the same category. New Delhi: The Department of Financial Services (DFS) is...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The court made the observations when an investigation officer informed it that the social media platform X was not providing the URL ID and IP address of the handle on which the petitioner’s alleged obscene videos and photographs were posted.Under the circumstances,...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
The acquisition follows recent regulatory foreign direct investment (“FDI”) changes in India, which now allow foreign insurers to increase their shareholdings in local insurance companies to 100% This is the second deal in the Indian insurance sector in a...
by AIP Online Bureau | Jul 8, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
London’s dominance in insurance-market infrastructure makes it an obvious destination for issuers of catastrophe bonds and other ILS products, says Caroline Wagstaff, chief executive of the London Market Group, whose members include insurers operating in the world’s...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Technology
The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit’s chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich....
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In the past 24 hours, war insurance rates for ships inside the Gulf have already ticked higher towards 3% of the value of a vessel from 2% at the end of last week, said the sources, who declined to be named due to the sensitivity of the matter. Some war underwriters...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
L-R:Haribhau Kisanrao Bagde,Governor, Rajasthan, Dr Lavanya Mundayur, CMD, AIC, Rajnath Singh, Union Defence Minister,Justice P Sathasivam,Former Chief Justice of India and Former Governor of Kerala at the the Agriculture Leadership Awards ceremony on Wednesday in New...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In a flare-up of hostilities that pushed oil prices up to a two-week high, Iran said it had targeted U.S. military sites in Bahrain and Kuwait after U.S. forces struck Iranian targets in response to attacks on tankers in the Strait of Hormuz. Ankara: U.S....
