by AIP Online Bureau | Nov 30, 2025 | Indian News, Non-Life, Regulation, Reinsurance
This will be Lloyd’s second entry into Indian reinsurance market as it is already present as one of the foreign reinsurance branches(FRBs) in the country. Currently, it has two syndicates,Markel and Volante, in its India operations London/GIFT City: In a...
by AIP Online Bureau | Nov 30, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
As per the list of Bills circulated with the members of Parliament for the upcoming session, the government proposes to introduce The Insurance Laws (Amendment) Bill, 2025, to raise the FDI limit in the insurance sector to 100 per cent, from 74 per cent, as part of...
by AIP Online Bureau | Nov 30, 2025 | Events, Non-Life, Regulation, Reinsurance
The 3rd edition “IFSCA-IRDAI GIFT-City Global Reinsurance Summit” (GRS) under aegis of the Ministry of Finance, Government of India to be held on Jan 19, 2026 at Hotel JW Marriott, Juhu, Mumbai, India.The event bring all stakeholders onto a common platform to discuss...
by AIP Online Bureau | Nov 30, 2025 | Data, Eco/Invest/Demography, Pension & Social Security, Policy
While birth rates are falling, life expectancy continues to rise due to improvements in healthcare.More people are living beyond 60, and this brings new challenges of elderly care, especially as younger people migrate for work. More people are living beyond 60, and...
by AIP Online Bureau | Nov 29, 2025 | Workplace/Employee Benefits
The GDP growth came ahead of the festive season consumption boost on the back of the implementation of a significant reduction in the goods and services tax (GST) New Delhi: GDP growth, driven by strong domestic demand, resilient services exports, and low inflation,...
by AIP Online Bureau | Nov 29, 2025 | Indian News, Regulation, Risk Management, Technology
A total of 200 IndiGo planes have been affected, and software upgrades have been completed for 184 of them, while in the case of Air India, 113 aircraft have been impacted and upgrades have been done for 69 of them, DGCA data showed.In the case of Air India Express,...
by AIP Online Bureau | Nov 29, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Sitharaman described the gathering of all major PSU banks and insurance companies on one financial street as a historic first for any state capital in India Amaravati:Union Finance Minister Nirmala Sitharaman and Andhra Pradesh Chief Minister Chandrababu Naidu on...
by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation
Health insurance sector itself is facing headwinds with 12-15% medical inflation, opaque pricing structure, and strained insurer–hospital relations. Insurers are under stress with combined ratios above 110% and low single-digit RoEs. Cutting GST on health insurance to...
by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Life, Risk Management, Wealth Management/ Philanthropy
Along with changing customer needs, expanded datasets and increasing digitisation, the specialized skillset of actuaries is also paving the way for new age personalised and embedded products. Enabled by modern techniques, including machine learning and predictive...
by AIP Online Bureau | Nov 29, 2025 | International News, Technology
The advisory follows an unnerving incident on Oct. 30 involving a JetBlue plane flying from Cancun to Newark, New Jersey, that suffered a computer glitch, resulting in a sudden unexpected downward pitch without pilot input. Nobody was injured, and the jet diverted to...
