by AIP Online Bureau | Aug 27, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Health, Indian News, Policy
Prime Minister Narendra Modi and Sitiveni Rabuka,Prime Minister, Fiji, in New Delhi Prime Minister Narendra Modi had hosted a lunch for heads of offices supporting the economy of Fiji which was attended by R. Doraiswamy, CEO & MD , Life Insurance Corporation,...
by AIP Online Bureau | Aug 27, 2025 | Breaking News!, Eco/Invest/Demography, International News, Non-Life, Reinsurance
James Shea, CEO of Sompo P&C, said “Strategic acquisitions have been a key part of our growth plan to build a robust and diversified global P&C platform, and Aspen represents an excellent opportunity at the right time in the market cycle. We look forward to...
by AIP Online Bureau | Aug 27, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
ShakeNet Parametric reduces basis risk for parametric re/insurance policies, better aligning payout with actual losses. The scalable nature of Safehub’s technology allows for rapid and dense deployment of sensors, enabling risk transfer solutions even in...
by AIP Online Bureau | Aug 27, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Kazakhstan’s government originally fined NCOC 2.3 trillion tenge – then worth $5.4 billion – in early 2023 for ecological violations related to an inspection of Kashagan’s gas processing facilities in 2022, when the authorities said they...
by AIP Online Bureau | Aug 26, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News, Non-Life
The hill state of Himachal Pradesh, already reeling under the devastation caused by multiple landslides and flash floods, saw shops being washed away, buildings collapsing, and highways cut off. A total of 680 roads were closed in the state, with Mandi and Kullu...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Non-Life, Policy
“In today’s meeting with GIPSA through virtual mode, the Associations were offered an improved loading factor of 14 per cent. While thanking the management for their efforts to come out with enhanced offer but reiterated our demand for parity with LIC in...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Regulation
IRDA’s order for suspending Sastry signed by Raja K Sinha , member, Distribution, IRDAI has said he has admitted the financial misconduct but didn’t mention the exact nature of the misconduct Hyderabad: In a first ever case, the IRDA has suspended one of junior...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Non-Life, Technology
“This intelligent, automation-led DR solution sets a new benchmark for BFSI organizations by enabling seamless, fast and scalable disaster recovery with zero touch”Ujjwal Mathur, president & country head – India Business, TCS MUMBAI: IT major Tata...
by AIP Online Bureau | Aug 25, 2025 | Indian News, Non-Life
The GIPSA has called for a virtual meeting of unions on Tuesday noon Earlier, the unions of of PSU general insurance industry had rejected a 12 per cent wage hike offered by the Department of Financial Services and demanded a 17 per cent hike to be on par with the...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
The Japanese general insurance market is projected to grow from JPY11.7 trillion (US$81.1 billion) in 2024 to JPY12.7 trillion (US$93.9 billion) by 2028, at a compound annual growth rate of 2.2%. TOKYO: Willis, a WTW business, today announced a significant expansion...
