by AIP Online Bureau | Jul 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
(L to R)-R Venkatachalam Iyer, MD & CEO Tata AIA, Amit Jhingran, MD & CEO SBI Life, Piyush Pandey, advertising professional, Swaminathan Iyer, member, Life, IRDAI, Kamlesh Rao, MD&CEO,ABSLI, RK Patnaik, MD, LIC, Rushabh Gandhi, MD&CEO India First at an...
by AIP Online Bureau | Jul 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Technology
According to the State of Ransomware in India 2025 report, the median payout towards ransom was USD 481,636 (about Rs 4 crore), down 79 per cent from the previous year. New Delhi: UK-based cybersecurity firm Sophos on Wednesday claimed that 53 per cent of Indian...
by AIP Online Bureau | Jul 1, 2025 | Briefs, Eco/Invest/Demography, Non-Life, Reinsurance
SBI General Insurance has launched its ‘Crop Insurance Week’ awareness campaign in the implementing states for Kharif 2025 season. This week-long initiative aims to educate farmers about the benefits of Crop insurance and promote enrollment under the Pradhan Mantri...
by AIP Online Bureau | Jul 1, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Jitendra Singh,Union Minister In charge Meteorology Department Singh elaborated that Automated Weather Stations (AWS) and doppler radars are being added across the region to boost real-time weather prediction. New Delhi: Union Minister In charge Meteorology...
by AIP Online Bureau | Jul 1, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management, Technology
The Department of Telecommunications (DoT), Ministry of Communications, in collaboration with the NDMA, Government of India, has been actively enhancing mobile-enabled disaster communication systems across the country to provide timely information to citizens New...
by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
The ELI scheme to support job generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector, was approved by the Union Cabinet in a meeting, chaired by Prime Minister Narendra Mod New Delhi: The central...
by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Policy
The 3.5 trillion yuan ($486 billion) fund — which covers medical expenses for roughly 95% of China’s 1.4 billion people — will also set up a catalog of innovative drugs that can be reimbursed by commercial insurers, according to the document. The list could lead to...
by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
As automakers and government officials discuss the proposals, the outcome could shape India’s clean vehicle policy for years to come as the country tries to balance climate goals with economic growth and affordability for its 1.4 billion citizens. Automakers are...
by AIP Online Bureau | Jul 1, 2025 | Data, Eco/Invest/Demography, Non-Life
While May and June 2025 volumes saw some support from pre-buying ahead of a dual price hike of approximately 2.5-3 per cent, the overall inquiry pipeline across regions, including North India, stayed extremely weak New Delhi: The automobile industry in the country is...
by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
However, ongoing geopolitical uncertainty, including the Iran-Israel conflict, could lead to increased reinsurance costs and further reductions in capacity that could result in insurers further cutting their exposure. The ruling underscores the need for greater...