by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Two of Lloyd’s Syndicates, Syndicate 2047 set up by Bobby Swarup’ Niyam Group and Syndicate 2454, belonging to Africa Specialty Risks(ASR), have already announced their decisions to be part Lloyd’s platform in the GIFT-IFSC. GIFT...
by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
Taking cognisance of the complaint, the bench of the Commission headed by Priyank Kanoongo has issued a notice to Insurance Regulatory and Development Authority of India (IRDAI), directing it to take appropriate action in this matter and submit a response to the...
by AIP Online Bureau | Mar 24, 2026 | International News, Non-Life, Reinsurance
Victor Kuk, CEO, designate, Peak Re Kuk, who will be taking over from Apr 20, is currently based in Singapore and handles markets like India, Korea, Hong Kong and Taiwan, for Swiss Re. Hong Kong:Victor Kuk, Swiss Re’s Head of Client Markets for P&C...
by AIP Online Bureau | Mar 24, 2026 | Indian News, Non-Life, Policy
The post will fall vacant as Girija Subramanian, CMD, NIA, will be retiring on July 31.Both eligible PSU and private sector candidates can apply. Last date for applying is Apr 21 New Delhi:After filling up the post of CMD at GIC Re, the FSIB has invited applications...
by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance
The Department of Financial Services(DFS) last week has written to the IFSCA to go ahead with earlier plans to develop P&I Club and Captives in its jurisdiction after eruption the West Asian geopolitical crisis completely disrupting shipping and supply of oil and...
by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Life, Non-Life
Ping An Overseas Holdings is building a portfolio of around $60 billion overseas, with some of that going to investment assets in the US, Tung said. “Now, we think about whether we should trim down a bit, even though the overall portfolio is still very small anyway.”...
by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The latest deal shows Berkshire is eager to win a slice of Japan’s thriving insurance business, an increasingly attractive market for foreign firms. KKR & Co., Apollo Global Management Inc. and other big international players have made moves to expand in the life...
by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
U.S. President Donald Trump On Saturday, Trump had warned that Iranian power plants would be destroyed if Tehran failed to “fully open” the Strait of Hormuz to all shipping within 48 hours. Trump set a deadline of around 7:44 p.m. EDT (2344 GMT) on Monday. U.S....
by AIP Online Bureau | Mar 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
The amalgamation of PSBs, as envisaged, has contributed to improving operational efficiency and financial soundness of banks through streamlining of operations and reduction in costs, thereby resulting in increasing consolidated business of banks, Minister of State...
by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life
Analysts expect more than 40 Indian drugmakers to launch over 50 cheaper variants.Large Indian drugmakers are racing to capture a share of the global obesity market, projected to be worth about $100 billion by the end of the decade. New Delhi:At least half a dozen...
