by AIP Online Bureau | Oct 28, 2026 | International News, Non-Life, Reinsurance
Victor Kuk, chief executive officer of Peak Re, commented: “We are pleased that S&P’s first rating of Peak Re is aligned with the strong financial strength ratings we hold from AM Best and Moody’s. It provides further independent recognition of our strong market...
by AIP Online Bureau | Oct 28, 2026 | Briefs, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Life
Canara HSBC Life Insurance Company has been recognised in the ‘Leader’ Rating Category in the FY2026 Environmental, Social and Governance (ESG) assessment conducted by NSE Sustainability Ratings & Analytics Limited. The company achieved an overall ESG...
by AIP Online Bureau | Oct 28, 2026 | Articles, Life, Workplace/Employee Benefits
When choosing a life insurance company to buy a term plan, one should look at the quarterly claim settlement ratio over a period of few years, the average claim amount paid, and the percentage value of claims paid (total value of claims paid divided by the total value...
by AIP Online Bureau | Oct 28, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News
“The system has now fully entered the landmass. It has been downgraded from a ‘very severe cyclonic storm’—a category based on wind speed—to a ‘severe cyclonic storm.’ It is projected that within the next six hours—by this afternoon—it will weaken further into a...
by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Risk Management, Technology
Mirroring broader headlines across industries, insurers continue to invest in artificial intelligence (AI), as 60% of respondents report at least one scaled or embedded AI use case. Adoption is broad but scaling remains uneven – scaled or embedded applications...
by AIP Online Bureau | Oct 28, 2026 | International News, Non-Life, Risk Management, Technology
“Insurance is a distinctly complex industry, where the quality of risk decisions has an immense impact on business outcomes. Guidewire and hyperexponential are uniquely positioned to deliver industry-specific AI solutions that will transform commercial underwriting....
by AIP Online Bureau | Oct 28, 2026 | International News, Non-Life, Reinsurance
“For two years in a row, we’ve been able to provide an enhanced 10% resilience credit—a testament to the work our clients do every day to drive lasting protection.When our clients invest in loss prevention and achieve strong results, our mutual model allows us to...
by AIP Online Bureau | Oct 27, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Non-life premium growth across the region slowed to 5.1% from 7% in 2024, its lowest level since 2021, reflecting softer pricing in mature markets and portfolio rationalisation. Singapore: Asia-Pacific’s insurance industry continues to offer substantial growth...
by AIP Online Bureau | Oct 27, 2026 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The proposed reduction is being considered against the backdrop of weak or negative market returns over the past two years, sluggish wage growth and rising retail investor participation.Concerns have also emerged over whether domestic mutual fund inflows can continue...
by AIP Online Bureau | Oct 27, 2026 | Eco/Invest/Demography, Indian News, Policy
Nitin Gadkari ,Union Minister for Road Transport and Highways Gadkari said discussions were underway with the Chief Minister of Bihar to sign a Memorandum of Understanding allowing the highway authority to conduct river dredging free of charge, using the silt in...