by AIP Online Bureau | Jul 10, 2026 | International News, Life, Wealth Management/ Philanthropy
The MoU covers the cession of the underwriting risks under Japan Post Insurance’s Postal Life Insurance policies and the establishment, investment and operation by SCOR of a reinsurance vehicle for risk management purposes, intended to assume underwriting risks held...
by AIP Online Bureau | Jul 10, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London marine insurers also reported seeing fewer inquiries for journeys to transit the strait and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Traffic through the Strait of Hormuz came to a...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Technology, Wealth Management/ Philanthropy
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation
In a related move, the FSSAI also served notices to six major beverage brands, including Red Bull and PepsiCo, for allegedly misbranding non-alcoholic beverages as “energy drinks”. New Delhi: The Food Safety and Standards Authority of India (FSSAI) has issued notices...
by AIP Online Bureau | Jul 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
Hundreds of motorists have posted complaints on X alleging reduced fuel efficiency and increased wear and tear of car parts from E20. One of the main complaints is that they have no option to buy unblended petrol if they prefer. NEW DELHI:Indian Prime Minister...
by AIP Online Bureau | Jul 9, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
The partnership brings together two of the London Market’s leading renewable energy insurers, combining underwriting expertise and capacity across onshore wind, solar and battery energy storage systems into a single, coordinated solution. It is also the first Lloyd’s...
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,...
