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Cyber security and IT services provider Intersys sets up India operations

by AIP Online Bureau | Jul 17, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

Led by Tanmay Gore, director of Intersys India, located in Mumbai, will address a key challenge in the market: the difficulty of assessing and pricing cyber risk for organisations that often lack dedicated IT security resources Mumbai: London based Cyber security and...

Businesses expect a surge in conflicts and disputes as risk landscape worsens, Clyde & Co report

by AIP Online Bureau | Jul 17, 2025 | Eco/Invest/Demography, International News, Risk Management

James Roberts, Partner, London, said: “Economic pressures are triggering disputes where once there may have been a more pragmatic renegotiation. Contractual tensions are particularly visible in sectors like professional services, construction, and technology, where...

July 1 reinsurance renewals confirm downward pricing pressure: Fitch

by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life, Reinsurance, Risk Management

Pricing across most reinsurance lines continued to gradually fall, as it had at the January and April renewals, and rates for loss-free property programmes fell by 10%–15%. In contrast, US casualty pricing was broadly flat, and retrocession pricing and coverage...
Former Lloyd’s CEO John Neal to join AIG as President

Former Lloyd’s CEO John Neal to join AIG as President

by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life

John Neal, President-designate, AIG In this role, Neal will report to chairman & CEO, Peter Zaffino and lead AIG’s General Insurance organization, which includes the North America Commercial Insurance, International Commercial Insurance and Global Personal...
EV sales in India set to cross 7 pc market share by FY28

EV sales in India set to cross 7 pc market share by FY28

by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Technology

“India’s electric car sales penetration is likely to cross 7 per cent by FY28, provided rare earth disruption is resolved in a timely manner. With a robust pipeline of model launches, expanding EV charging infrastructure and battery localisation under the...

Parliamentary panel on Income Tax Bill adopts report makes 285 suggestions

by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Policy

According to the government, the new Bill aims to simplify language, eliminate redundancy, and streamline procedures and processes to enhance the taxpayer experience New Delhi: A Parliamentary panel examining the Income Tax Bill-2025 on Wednesday made 285 suggestions...
India’s passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery in H2 FY2026: SIAM

India’s passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery in H2 FY2026: SIAM

by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Non-Life

The report also highlights that the passenger vehicle segment crossed a milestone of 1 million mark in Q1 of 2025-26, specifically 1.01 million units. This is the 2nd time in a row in Q1 in the last 2 years that the sales for passenger vehicles crossed the 1 million...
SC directs FSSAI to implement Front-of-Pack nutrition labels on packaged foods

SC directs FSSAI to implement Front-of-Pack nutrition labels on packaged foods

by AIP Online Bureau | Jul 16, 2025 | Health, Indian News, Policy

The Union health ministry has also recently proposed displaying sugar and oil boards as an initiative to promote healthier dietary habits in various settings. New Delhi: The Supreme Court of India has directed Food Safety and Standards Authority of India (FSSAI) to...

About 1.4 lakh new PMJDY a/cs opened under financial inclusion saturation campaign: FinMin

by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life

Nearly 1.4 lakh new Jan Dhan accounts have been opened and more than 5.4 lakh new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight, the statement said New Delhi: About 1.4 lakh new Jan Dhan accounts have been opened in the past...
Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister

Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister

by AIP Online Bureau | Jul 16, 2025 | Indian News, Non-Life, Reinsurance

“Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore,” Maharashtra Agriculture...
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