by AIP Online Bureau | Oct 14, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Property insurers have already scaled back — or even canceled — policies for wildfire losses in California, and for hurricane risk in Florida and Louisiana. In Europe, only a quarter of natural catastrophe losses are currently covered, leaving the continent facing “a...
by AIP Online Bureau | Oct 14, 2026 | Articles, Technology
“Whenever I hear executives say they’re investing in AI in order to reduce staff, it tells me that organization has no strategy.Because cutting costs is the least imaginative use for AI. Keep your people, teach them how to use the tools safely, and pursue...
by AIP Online Bureau | Oct 14, 2026 | Indian News, Non-Life
The insurer’s combined ratio was 107 per cent in the July-September quarter as against 105 per cent in Q2 FY2026 The company had an underwriting loosses of Rs 318 crore, up 78 per cent in Q2FY27. Mumbai: With higher premium and investment income, ICICI Lombard...
by AIP Online Bureau | Oct 14, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits
The benchmark disability requirement for availing of the pension has been reduced from 80 per cent to 40 per cent. The minimum age criterion has also been removed, making persons with disabilities eligible for assistance from birth. New Delhi: The Union Cabinet on...
by AIP Online Bureau | Oct 14, 2026 | Eco/Invest/Demography, Indian News, Non-Life
A bench of Justices Ahsanuddin Amanullah and R. Mahadevan issued the order while hearing matters related to railway safety, expressing displeasure over the Railways’ failure to extend insurance benefits to offline ticket buyers despite repeated opportunities....
by AIP Online Bureau | Oct 14, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
Currently, the Centre holds 45.48 per cent while holds 49.24 per cent in IDBI Bank Post Fairfax tarnsaction,the Centre will hold 15 per cent while LIC will have a stake of 19 per cent. The government has also authorised the sale of the government’s remaining 15...
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...
