by AIP Online Bureau | Apr 14, 2026 | Indian News, Life
The recent ‘0 per cent GST reform’ in September 2025 has made insurance policies more affordable and our retail protection segment registered a strong 50.9 per cent year-on-year growth in H2-FY2026, Anup Bagchi, MD &CEO, ICICI Pru Life Mumbai:The net...
by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
“Yes, there has been a definite increase in the freight cost. There is an insurance cost which has gone up and there is a cost increase in the solvent. We are working very closely with the government and the primary task at the moment is to ensure that the...
by AIP Online Bureau | Apr 14, 2026 | Workplace/Employee Benefits
The study defined marine heat waves as long-lasting, large areas of water in the top 10% of historical heat. They are becoming more of a danger with climate change and ever hotter oceans, study authors said. Warm water is fuel for hurricanes. Marine heat waves are...
by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
As individual projects keep growing in size, they may eventually represent as much as $30 billion in insurable value. Today, the largest infrastructure projects typically require coverage for as much as $10 billion, according to S&P. Soaring demand for insurance...
by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
A bench of Justices Vikram Nath and Sandeep Mehta agreed to hear the plea which sought a direction to the Centre to exercise policy oversight to ensure that welfare insurance schemes for persons with disabilities are implemented in conformity with the guarantees under...
by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News
“Currently weak La Nina-like conditions are transitioning to neutral conditions. But after June it’s very likely that El Nino will develop,” Mrutyunjay Mohapatra, director-general of the India Meteorological Department, said. NEW DELHI: India is...
by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Wall Street banks have started testing Mythos internally after the Trump administration this week warned executives they should take the model seriously and deploy its capabilities to detect vulnerabilities. Anthropic’s Mythos, a new AI model the company and...
by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Trump’s announcement effectively slowed oil tanker movements in the strait, with just two Iranian-linked tankers leaving the Gulf. In normal trading conditions, crude and products loaded from Iranian ports are typically headed for China, with India a recent buyer of...
by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Technology
Private market managers allocated hundreds of billions of dollars to software over the last 15 years, betting that software-as-a-service business models would generate high growth and reliable cashflows. That focus became increasingly concentrated during the period,...
by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Reinsurers covered just over 10% of total insured catastrophe losses in 2024, well below the historical average of 20%, according to S&P Global Ratings. The industry’s biggest firms have more than halved their exposure to insured disaster losses in recent years,...
