by AIP Online Bureau | Jan 23, 2026 | Indian News, Non-Life, Policy
The wage revision for the employees of PSGICs will be effective from 01.08.2022. The overall hike in wage bill shall be 12.41% with an increase of 14% on existing Basic pay and Dearness allowance. A total of 43,247 PSGIC employees will benefit from this revision. The...
by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life
The strategic partnership includes the establishment of large-scale separately managed accounts (“SMAs”) across CVC’s credit strategies, and the launch of CVC’s private equity secondaries evergreen platform with AIG as a cornerstone investor American International...
by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“If it makes sense for our shareholders to do a transaction, then we’ll do a transaction,” Beazley Chief Executive Officer Adrian Cox said in an interview. “It just needs to be a Premier League price for a Premier League company.” London:Beazley Plc has rejected...
by AIP Online Bureau | Jan 22, 2026 | Indian News, Non-Life, Reinsurance
The reversal is especially stark because Air India had been edging back toward profitability before the June Dreamliner crash — which killed more than 240 people — undid years of progress. The founders had targeted operational break-even this fiscal year, but...
by AIP Online Bureau | Jan 21, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
Perspectives were also shared by financial institutions and insurers including the State Bank of India, New India Assurance and Bajaj Allianz, covering risk assessment frameworks, exposure considerations, bank guarantee structures and emerging risk-mitigation...
by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
The NPMA should identify interested MSME clusters and industrial associations by floating an expression of interest (EoI) that details the cluster selection process for the implementation of identified solutions,” the report said, adding that MSME clusters can...
by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore enhances the likelihood of successful completion for ecological restoration projects and provides greater project confidence. By partnering with AXA, we can scale our impact and help address one of the...
by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
JG Won, President & CEO, Korean Re, announcing the launch of company’s operations in India’s GIFT City in Mumbai on Tuesday “We will officially commence operations in GIFT City from April 2026. India is a high growth and long term market for us....
by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“This year’s report highlights the growing need for collaboration among organizations, insurers, governments and communities.The insurance industry is well-positioned to act as a strategic partner to help navigate these challenges, bringing record levels...
by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Although competitive conditions have increased in property catastrophe covers, reinsurers remain disciplined with terms and conditions and attachment points largely intact London: International rating agency AM Best has revised its outlook for the global reinsurance...
