by AIP Online Bureau | Oct 28, 2026 | Indian News, Life
Amit Jhingran, MD & CEO of SBI Life SBI Life’s value of new business (VNB), which measures the expected profitability of policies sold during a period, grew 12% year-on-year to Rs 1,860 crore. Its VNB margin improved to 29.2% from 27.9% in the year-ago quarter,...
by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Organizations worldwide are also working to patch critical flaws in PHP, an open-source programming language widely used across the internet, amid disruptions that have prompted banks, airlines and governments to take websites offline. South Korea’s financial industry...
by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Due to the current geopolitical situation, vessels which do not need to transit the area are advised to remain well clear to avoid unnecessary delays to their voyage,” the US Naval Forces Central Command said in an advisory on Wednesday issued via the Joint Maritime...
by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Policy, Technology
While private companies have already announced waves of AI-driven job cuts since the launch of ChatGPT in 2022, governments are some way behind. Their AI use “trails the private sector” and initiatives “often remain in pilot phases,” according to a September 2025 OECD...
by AIP Online Bureau | Oct 28, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Europe is the fastest warming continent due to climate change and could see average temperatures rise up to 5C by 2100, according to a draft document seen by Bloomberg News. The EU’s 27 member states will be required to come forward with national plans for how they...
by AIP Online Bureau | Oct 28, 2026 | International News, Non-Life, Reinsurance
Victor Kuk, chief executive officer of Peak Re, commented: “We are pleased that S&P’s first rating of Peak Re is aligned with the strong financial strength ratings we hold from AM Best and Moody’s. It provides further independent recognition of our strong market...
by AIP Online Bureau | Oct 28, 2026 | Briefs, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Life
Canara HSBC Life Insurance Company has been recognised in the ‘Leader’ Rating Category in the FY2026 Environmental, Social and Governance (ESG) assessment conducted by NSE Sustainability Ratings & Analytics Limited. The company achieved an overall ESG...
by AIP Online Bureau | Oct 28, 2026 | Articles, Life, Workplace/Employee Benefits
When choosing a life insurance company to buy a term plan, one should look at the quarterly claim settlement ratio over a period of few years, the average claim amount paid, and the percentage value of claims paid (total value of claims paid divided by the total value...
by AIP Online Bureau | Oct 28, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News
“The system has now fully entered the landmass. It has been downgraded from a ‘very severe cyclonic storm’—a category based on wind speed—to a ‘severe cyclonic storm.’ It is projected that within the next six hours—by this afternoon—it will weaken further into a...
by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Risk Management, Technology
Mirroring broader headlines across industries, insurers continue to invest in artificial intelligence (AI), as 60% of respondents report at least one scaled or embedded AI use case. Adoption is broad but scaling remains uneven – scaled or embedded applications...
