by AIP Online Bureau | Nov 20, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
They also demanded to stop privatisation of LIC and GIC through different moves like LIC-IPO and withdraw the Bill allowing 100 per cent FDI in the insurance sector, which is detrimental to the larger interest of the common people and the nation New Delhi:...
by AIP Online Bureau | Nov 20, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology
The report highlighted that agentic AI, an evolution of analytical AI, could significantly improve automation and productivity across the client life cycle and help banks tackle long-standing KYC/AML (know-your-customer and anti-money-laundering) challenges. New...
by AIP Online Bureau | Nov 20, 2025 | Eco/Invest/Demography, Life, Non-Life, Regulation, Risk Management, Technology
While people welcome Gen AI’s convenience and possibilities for personalisation, they remain concerned about data privacy, accuracy, and maintaining access to human support. ZURICH: Generative AI (Gen AI) is transforming how insurance customers interact with their...
by AIP Online Bureau | Nov 20, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
The Guidelines for Prevention and Regulation of Dark Patterns, 2023, which were notified on November 30, 2023, identify and prohibit 13 dark patterns.These are — False Urgency; Basket Sneaking; Confirm Shaming; Forced Action; Subscription Trap; Interface...
by AIP Online Bureau | Nov 20, 2025 | Eco/Invest/Demography, International News
Despite the global shift towards city life, towns remain (in 2025) the most common settlement type in 71 countries. Countries in all regions and at diverse levels of economic development are found within this group, including Germany, India, Uganda and the United...
by AIP Online Bureau | Nov 19, 2025 | Indian News, Reinsurance
(L to R) – V. Balkrishna, CFO, GIC Re, Parshant Kumar Goyal, joint secretary, Department of Financial Services, Finance Minister Nirmala Sitharaman, Hitesh Joshi, executive director, additional charge of CMD, GIC Re , Jayashri B, executive director, GIC Re, at...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The Ministry of Road Transport & Highways (MoRTH), in a latest notification issued on November 11, has said the higher fee slabs now begin from 10 years for commercial vehicles instead of 15 years, bringing more vehicles under the updated cost brackets. New...
by AIP Online Bureau | Nov 19, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges” Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
The matter of mandating last date for adoption of 1600 series by the entities in the insurance sector is under discussion with IRDAI, and will be notified subsequently, the official statement said. The structured and time-bound adoption of the 1600-series is expected...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Reinsurance, Risk Management, Technology
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
