by AIP Online Bureau | Feb 5, 2026 | Indian News, Policy
Parshant K Goyal DFS, headed by secretary M Nagaraju currently doesn’t have an additional secretary nor a joint secretary in its insurance division. Nagaraju is scheduled to retire on May 30, 2026 New Delhi: In a key level change in the central government, Parshant K...
by AIP Online Bureau | Feb 5, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The vehicle functions through an integrated system powered by artificial intelligence, advanced sensing technologies, and autonomous decision-making systems. The system ensures safe and seamless mobility within a real urban environment and on roads open to live...
by AIP Online Bureau | Feb 5, 2026 | Data, Regulation, Risk Management, Technology
Of these, 405 aircraft belonging to IndiGo were analysed for repetitive defects and 148 were identified for repetitive defects, as on February 3, this year, as per data presented by Minister of State for Civil Aviation Murlidhar Mohol in Lok Sabha. New Delhi:A total...
by AIP Online Bureau | Feb 5, 2026 | Indian News, Life
R Doraiswamy, CEO & MD, LIC R Doraiswamy, CEO & MD, LIC said,““The consumers and the companies in the life insurance industry have responded positively to the various initiatives of the government, especially to GST 2.0. At LIC, we have further increased...
by AIP Online Bureau | Feb 5, 2026 | Non-Life, Reinsurance
In a competitive pricing environment, SCOR grows its P&C portfolio selectively, seizing profitable opportunities while maintaining a strong underwriting discipline. During the January 2026 P&C renewals, SCOR delivers EGPI1 growth of 4.7% for traditional...
by AIP Online Bureau | Feb 4, 2026 | Briefs, Eco/Invest/Demography
The government notified that Sabki Raksha (Amendment of Insurance Laws) Act, 2025 will be implemented from Feb 5 The entire new act will come into force except section 25, said the Department of Financial services.. Also Section 32A of the Act has been kept in...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
Property rates in India experienced decreases between 15% to 25%.Catastrophe-exposed and high-hazard sectors (chemical, food, waste, recycling) faced declines of up to 20% in India; insureds in other regions generally saw declines of 10% to 15%.Cyber insurance rates...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance
Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
“And insofar as presumptive tax cases, about 97 per cent of the taxpayers have moved to the new tax regime. For corporates, about 60 per cent of the income is now being reflected in the new tax regime,” CBDT Chairman Ravi Agrawal New Delhi:As many as 88...
by AIP Online Bureau | Feb 4, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
The watchdog also seeks to add more officers to its supervision division, with hiring skewed toward specialists in cybersecurity controls as digital risks multiply across the banking system, according to the people. The overhaul is still under consideration and...
