by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The lawsuits accuse the company of violating state consumer protection laws by misleading users about the safety of ChatGPT. The states also allege that the company created a public nuisance by endangering the health of their residents.The lawsuits represent the...
by AIP Online Bureau | Oct 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
Several major banks have successfully combined their banking operations with insurance businesses through subsidiary arrangements. Instead of exploring such possibilities, the Government has chosen to facilitate the transfer of control of a public sector bank to...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
As a barrier, stigma varies too and is often rooted in social and cultural attitudes. The research finds it is a greater barrier in countries such as the UK, South Korea and Hong Kong than in Switzerland, Turkey and Thailand. London: New research from AXA Global...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation
Ajay Seth,chairman , IRDAI “The idea is to allow for an orderly transition from the present system to a better systemThere’s absolutely no intention that there should be a disruption for any market player or any individual.”Ajay Seth,chairman,...
by AIP Online Bureau | Oct 15, 2026 | Indian News, Life
“We expect to sustain this momentum and grow in line with the industry in FY27.”Vibha Padalkar, MD & CEO, HDFC Life Mumbai:HDFC Life Insurance. the second largest private life insurer, posted a 13.6% rise in quarterly profit on Thursday, helped by...
by AIP Online Bureau | Oct 15, 2026 | International News, Non-Life, Reinsurance, Risk Management
Artificial intelligence, geopolitical tensions and growing digital interdependencies are changing both the frequency and nature of cyber risk. At the same time, the economic cost of cybercrime continues to rise, Patrice Michellon, Chief Executive for Continental...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Wealth Management/ Philanthropy
Prem Watsa, chairman and chief executive officer of Fairfax Financial Holdings, said the acquisition represented a rare opportunity to build a major financial institution in one of the world’s fastest-growing economies. Toronto/Mumbai: Fairfax Financial...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Regulatory bodies in Singapore, Hong Kong and the UK have launched consultations to introduce innovative risk transfer solutions built on protected cell companies. They aim to improve access to insurance covers for SMEs and to better spread peak natural catastrophe...
by AIP Online Bureau | Oct 15, 2026 | Data, Eco/Invest/Demography
SIAM expects the industry to maintain positive growth in the second half of FY2026-27, supported by the festive season, new vehicle launches, infrastructure spending, fleet replacement and last-mile mobility demand. New Delhi: Domestic automobile sales across major...
by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The Coalition’s initial work will focus on engaging leaders in a dialogue about the five most critical and interconnected decision domains for building resilience today: geopolitics and geoeconomics; the natural environment; digital and AI; operations; and people and...
