by AIP Online Bureau | Aug 17, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
The industry’s combined ratio deteriorated by two percentage points to 113%, while profit after tax (PAT) declined 23% YoY to ₹10,000 crore. Return on equity (ROE) fell to 6% from 9% a year earlier. Mumbai:India’s general insurance industry grew 9% year-on-year (YoY)...
by AIP Online Bureau | Aug 17, 2026 | International News, Risk Management, Technology
While it’s not clear how the hackers allegedly accessed the companies, Ransom-ISAC, an industry information sharing group, issued a notice July 22 warning that the hacking group was exploiting vulnerabilities in PTC Windchill and FlexPLM, software used to aid in...
by AIP Online Bureau | Aug 17, 2026 | International News, Non-Life, Reinsurance
Lloyd’s moved to the top of the ranking for non-IFRS 17 reinsurers, lifted by premium growth and the British Pound appreciating against the U.S. dollar. GIC Re is the 10th largest global reinsurer among non-IFRS 17 reporting reinsurers OLDWICK:Foreign currency...
by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
As per an analysis by SBI Research, the number of taxpayers reporting income of Rs 1 crore or more increased by 14 per cent to 5,35,672 in AY26 from 4,71,419 in AY25. New Delhi: The number of taxpayers reporting annual income of Rs 100 crore or more rose 39 per cent...
by AIP Online Bureau | Aug 17, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Nirmala Sitharaman,Union Finance Minister The Finance Minister said the Department of Financial Services (DFS) had worked on seven themes that would be important for taking the banking and financial sector forward. The themes of discussion are — banking for...
by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation
CJI Kant said there was too much apprehension and pointed out that even if Parliament has capped the liability of operators, it does not preclude the court from granting fair and just compensation. New Delhi: The Supreme Court on Monday asked the Centre to clarify...
by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy
Pandey emphasised that cybersecurity is no longer merely an IT concern, but a board-level, business continuity, market integrity and investor confidence issue. New Delhi: India’s financial sector needs to shift from periodic cybersecurity compliance to...
by AIP Online Bureau | Aug 16, 2026 | Banking & Bancassurance, Data, Eco/Invest/Demography
The report noted that the number of taxpayers earning Rs 100 crore and above rose 39 per cent to 576 in assessment year 2026, while those earning Rs 1 crore and above increased 14 per cent to 5.36 lakh. New Delhi: India has demonstrated economic resilience through...
by AIP Online Bureau | Aug 16, 2026 | Data, Eco/Invest/Demography, Health, Technology
Nate MacLeitch, CEO of QuickBlox.said “Put simply, the numbers don’t add up. The current system can’t hold. Without telemedicine platforms for providers that help patients connect to the right clinician at the right moment, reforms–no matter...
