by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management
D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system. D-SIIs are subjected to enhanced regulatory supervision...
by AIP Online Bureau | Apr 2, 2026 | Health, Indian News, Life, Non-Life, Regulation
Wherever non-compliance is found, an action plan with timelines for removing the dark patterns has to be submitted within one month, said the IRDAI. Dark patterns involve using design and choice architecture to deceive, coerce, or influence consumers into making...
by AIP Online Bureau | Apr 2, 2026 | Briefs, Non-Life
New India Assurance has appointed Mary Abraham as its chief risk officer from today .Abraham is serving as one of the general managers of NIA and is having more than 35 years of experience in the insurance industry. She has handled diverse roles across various lines...
by AIP Online Bureau | Apr 2, 2026 | Indian News, Non-Life
The SC Bench comprising Justices Ahsanuddin Amanullah and R. Mahadevan issued the order after questioning the conduct of NIC for not initiating criminal proceedings despite asserting that the policy in question was fabricated. New Delhi:The Supreme Court of India has...
by AIP Online Bureau | Apr 2, 2026 | Health, Indian News, Life
“It is the ruthless lapse rules governing life and health insurance policies. Today, most insurance policies, including those under LIC, provide a mere 30-day grace period for premium payment. A single list installment caused by sudden job loss, medical emergency,...
by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Atish Suri, CEO India, Middle East & Africa, stated,”In the India and Middle East markets, we are seeing a strong commitment from reinsurers to maintain coverage despite the complexities posed by ongoing conflicts.” In terms of Apr 1 renewal outcomes,...
by AIP Online Bureau | Apr 2, 2026 | Workplace/Employee Benefits
HDFC Life has announced its association with the Kolkata Knight Riders (KKR) as an official partner for the recently commenced IPL cricket season. Pritika Shah, head-marketing, HDFC Life, said, “Given India’s diversity, we have been building our brand through...
by AIP Online Bureau | Apr 1, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
During 2025, the growth of Peak Re was primarily driven by the continued deepening of its global diversification strategy. It strengthened its presence in high-growth emerging markets such as India, while further expanding its penetration in the mature markets of...
by AIP Online Bureau | Apr 1, 2026 | Indian News, Life, Non-Life, Regulation
Rajay Kumar Sinha member, Finance & Investments Indian Accounting Standards (Ind AS) is getting implemented from Apr 1 Hyderabad:In a bid to manage the technicalities for implementing Indian re/insurers to impement Indian Accounting Standards (Ind AS), which is...
by AIP Online Bureau | Apr 1, 2026 | Indian News, Life
The case has been registered on the basis of a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption Act, according to an official statement. New...
