by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Risk Management
Overall, the global insurance market is expected to grow at an annual rate of +5.3% over the next ten years, slightly above economic output. Munich:The global insurance market is expected to continue shifting eastward over the next decade, with India and China gaining...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Despite ranking among the world’s ten largest insurance markets, India remains significantly underinsured, with insurance penetration of 3.8 per cent of GDP, a report by Allianz said, adding that with only about 46 per cent of the working-age population...
by AIP Online Bureau | Jun 3, 2026 | Disaster & Management, Eco/Invest/Demography, International News
The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years, as a combination of climate change, urbanization and inflation mean disasters are getting more costly when they hit. In North America, the gap between insured and...
by AIP Online Bureau | Jun 3, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance, Technology
“India continues to play a critical role in our global operations, and this investment reflects our long-term commitment to growing our capabilities here. By expanding our presence with a modern, highly collaborative environment, we are strengthening connectivity,...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Shivraj Singh Chouhan,Union Minister for Agriculture and Farmers’ Welfare, and Rural Development, directed that in those states and districts where the possibility of low rainfall, long dry spells or relatively higher impact of El Niño exists, special monitoring,...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The latest flare-up, which lifted oil prices by more than 1% in early trade on Wednesday, comes more than three months after the initial U.S. and Israeli strikes on Iran, with the conflict mired in a stalemate under a shaky ceasefire and the Strait of Hormuz largely...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation, Risk Management, Workplace/Employee Benefits
While providing historic safety nets for labour, the new government order (GO) offers strategic advantages to corporate management and industry.The GO eliminates the “fragmented, friction-heavy industries-wise frameworks seen in other states” and...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Policy
The bench said this court has taken a consistent judicial approach that long-serving employees, whether casual or temporary, particularly those who have been conferred recognised status, cannot be denied corresponding benefits including social security and pensionary...
by AIP Online Bureau | Jun 2, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Mythos has emerged as a focal point for the San Francisco-based company in recent months. Anthropic has said that the software is capable of identifying and exploiting vulnerabilities “in every major operating system and every major web browser when directed by a user...
by AIP Online Bureau | Jun 2, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
“Despite a decade of investments in data modernization running well into hundreds of billions of dollars globally, the No. 1 reason AI programs underperform is that companies cannot reliably get access to their own data,” Bain said. Cost savings from automation are...
