by AIP Online Bureau | Dec 6, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
“We are open to inorganic opportunities,” Swiss Re CEO Andreas Berger told analysts at its investor day. “I’d like to keep some powder dry.” Zurich: Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that...
by AIP Online Bureau | Dec 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“Strong rebound in automobile sales and improving consumer confidence following the GST rationalisation in the sector, has provided another leg to overall growth. As both health and motor lines, two top portfolios in the industry, are expected to grow at a...
by AIP Online Bureau | Dec 5, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Climate change is undeniably fueling more severe flooding in Southeast Asia,” said Davide Faranda, research director in climate physics at the French National Center for Scientific Research who led a study on Vietnam’s November floods Devastating floods have killed...
by AIP Online Bureau | Dec 5, 2025 | Indian News, Life, Regulation
Shalini Pandit, joint secretary,Department of Financial Services Pandit has also been made director on the board of Life Insurance Corporation New Delhi:The Government, on Friday, has changed its nominee directors in the boards of insurance regulator IRDAI, Life...
by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management
Gadkari said the government has formulated a multi-pronged strategy to address the issue of road safety based on 4E’s i.e. Education, Engineering (both of roads and vehicles), Enforcement and Emergency Care.Accordingly, various initiatives have been taken for...
by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The incident will trigger multiple coverage types, including property, public liability, employee compensation, group personal accident and numerous home contents claims. It remains too early to quantify total insured losses, insurers and reinsurers to bear most...
by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
The federal government and state-owned Life Insurance Corp of India together own about 95% in the lender. The government will sell 30.48% of its stake in the bank, while LIC will offload 30.24%, along with transfer of management control. India is poised to seek bids...
by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, Indian News, Technology
These shipments are provided under a contract signed in 2024, which includes fuel supply for the third and fourth VVER-1000 reactors of the Kudankulam plant for the entire service life, starting from initial loading New Delhi: Russia’s state-run nuclear...
by AIP Online Bureau | Dec 5, 2025 | Indian News, Non-Life, Policy
Union Minister of Road Transport and Highways Nitin Gadkari Under the Cashless Treatment of Road Accident Victims Scheme, 2025, the victims are entitled to cashless treatment up to Rs 1.5 lakh per victim per accident for a maximum period of 7 days from the date of the...
by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The Indian economy is facing a “rare goldilocks” period. Since October, India’s economy has experienced rapid disinflation leading to a breach of the central bank’s lower threshold of tolerance. Given these macroeconomic conditions,...
