by AIP Online Bureau | Oct 14, 2025 | Indian News, Non-Life
Combined ratio in Q2 FY2026 was 105.1 per cent as compared to 104.5 per cent in Q2 FY25. Company’s underwriting losses have dipped to Rs178 crore in the second quarter of the current fiscal from Rs160 crore in Q2FY26. The insurer, at 31.9 per cent, has breached...
by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Health, Indian News, Technology
Powered by advanced technologies, the new solution will deliver a modern, flexible, and integrated platform that supports the entire employee lifecycle – from recruitment and onboarding to payroll, career development, and retirement. With intuitive, AI-driven...
by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy
Yogi Adityanath, Chief Minister,Uttar Pradesh The proposed system will provide real-time, integrated access to data on crops, weather, seeds, irrigation, fertilizers, insurance, markets, logistics, and institutional services, an official statement issued here said...
by AIP Online Bureau | Oct 14, 2025 | Briefs, Reinsurance
General Insurance Corporation of India (GIC Re), a leading global reinsurer, has received an affirmation of its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognized credit rating agency. AM Best has affirmed GIC...
by AIP Online Bureau | Oct 14, 2025 | Intermediaries, International News, Non-Life, Reinsurance
Susan Panuccio, Group Chief Financial Officer-designate, Howden Susan will join Howden after more than two decades with News Corp, having spent the last eight years as Chief Financial Officer and as a core part of the leadership team that...
by AIP Online Bureau | Oct 14, 2025 | Intermediaries, International News, Life, Non-Life
Creates a new unit, Business and Client Services (BCS), to accelerate innovation and centralize investments in operational excellence, data, AI and analytics NEW YORK: Marsh McLennan, the largest multinational re/insurance broker, today announced that it will change...
by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology
GIFT City’s overall rating improved, underscoring increasing confidence among global investors and institutions in India’s emerging international financial ecosystem. It also made a significant gain in the FinTech Index, where it rose five positions from...
by AIP Online Bureau | Oct 14, 2025 | Indian News, Life
The life insurer’s Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai:...
by AIP Online Bureau | Oct 14, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Wildfires and droughts are often the byproduct of extreme heat and have caused some of the largest climate-related disasters in the US. From 1980 to 2024, 23 wildfires caused $147.9 billion in damage and killed 537 people while 32 droughts extracting a toll of $367.6...
by AIP Online Bureau | Oct 14, 2025 | International News, Regulation, Risk Management
Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on financial stability Global financial regulators have laid out plans for closer monitoring of artificial...
