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Govt tasks PSU general insurers to ramp up Property portfolio and customer services

Govt tasks PSU general insurers to ramp up Property portfolio and customer services

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA), Krishna S Vatsa, member, National Disaster Management Authority and Parshant K Goyal, joint secretary, Department of Financial Services. at NIA’s 107th foundation day celebration “For...
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance

Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Jitin Prasada,Minister of State for Electronics and IT “The policies of government of India are aimed at ensuring a safe, trusted, and accountable cyberspace for all users. Multiple initiatives have been undertaken to secure critical infrastructure sectors such as...
No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre

No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Policy

Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that “there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from the GST Council”. New Delhi: The government has...
Insurance brokers should maintain high governance standards and business ethics: IRDAI member

Insurance brokers should maintain high governance standards and business ethics: IRDAI member

by AIP Online Bureau | Jul 26, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance, Technology

Girija Subramaniam, CMD, New India Assurance Rakesh Jain, CEO, Reliance General Insurance,Satyajit Tripathy, member, Distribution, IRDAI , Naveen Chandra Jha, MD & CEO, SBI General Insurance, Abhilash Sridharan, Partner, McKinsey & Company at a panel...
ICMR study found Covid vaccination didn’t raise risk of unexplained sudden deaths among young adults, Nadda

ICMR study found Covid vaccination didn’t raise risk of unexplained sudden deaths among young adults, Nadda

by AIP Online Bureau | Jul 26, 2025 | Health, Indian News, Pandemic

J P Nadda,Union Health Minister It has also been revealed that Covid vaccination does not appear to increase the risk, whereas, the role of underlying health issues, genetic predisposition and risky lifestyle choices does play a role in unexplained sudden deaths,...

by AIP Online Bureau | Jul 25, 2025 | Workplace/Employee Benefits

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AXA wins $908 million UK court ruling against Santander over protection insurance

AXA wins $908 million UK court ruling against Santander over protection insurance

by AIP Online Bureau | Jul 25, 2025 | International News, Non-Life, Reinsurance

AXA sued at London’s High Court in 2021 over losses related to over 650,000 individual customer complaints about PPI policies, one of Britain’s costliest retail financial scandals, with banks paying out around 40 billion pounds in compensation. LONDON:...
IRDAI imposes a stiff penalty of Rs 3.39 crore on Star Health for violating cyber security laws

IRDAI imposes a stiff penalty of Rs 3.39 crore on Star Health for violating cyber security laws

by AIP Online Bureau | Jul 25, 2025 | Health, Indian News, Non-Life, Regulation, Risk Management, Technology

A significant data leak from Star Health Insurance was reported in Aug, 2024, affecting approximately 3.1 crore customer records. The data, including mobile numbers, PAN details, addresses, and medical information, was allegedly accessible through a website created by...
SBI Life’s net profit rises 14% to Rs594 crore in Q1 FY 25

SBI Life’s net profit rises 14% to Rs594 crore in Q1 FY 25

by AIP Online Bureau | Jul 24, 2025 | Indian News, Life

SBI Life’s Value of New Business (VoNB) stands at Rs.1,088 crores with a growth of 12% during the reporting period. The company’s VoNB Margin was at 27.4% in Q1FY 25 Mumbai: SBI Life Insurance, the largest private sector life insurer in the country, has...
Christiern Dart appointed as CEO of MS Amlin

Christiern Dart appointed as CEO of MS Amlin

by AIP Online Bureau | Jul 24, 2025 | Workplace/Employee Benefits

,Christiern Dart, CEO-Designate, MS Amlin Christiern brings more than three decades of leadership experience in international (re)insurance markets and will assume his role at a time of continued high performance at MS Amlin LONDON: MS Amlin, the Lloyd’s global...
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