by AIP Online Bureau | Apr 16, 2026 | Indian News, Life
“Looking ahead, we expect a gradual shift in the product mix as customers rebalance toward long-term savings and protection in an environment of greater uncertainty,” HDFC Life MD and CEO Vibha Padalkar Mumbai:HDFC Life Insurance posted a fall in...
by AIP Online Bureau | Apr 16, 2026 | Indian News
In a statement, SpiceJet said its Boeing 737-700 aircraft was involved in a ground occurrence while taxiing at the Delhi airport, resulting in damage to its right winglet and the left-hand horizontal stabiliser of another aircraft belonging to a different airline. New...
by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
On March 5, the US issued a 30-day sanctions waiver to India, permitting it to buy Russian oil despite sanctions imposed over the Ukraine war. “We will not be renewing the general license on Russian oil, and we will not be renewing the general license on Iranian oil....
by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Hundreds of tankers and other ships and 20,000 seafarers have been stuck inside the Gulf since the war began on February 28. A two-week ceasefire came into effect on April 8 and U.S. President Donald Trump said on Wednesday the war was close to over, but control...
by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Syndicate 2047 began underwriting on 1 April 2026 and is the first Lloyd’s syndicate established in GIFT City, India’s international financial centre, marking a significant milestone for the market. London: Polo Managing Agency (PMA), part of PoloWorks, a Marco...
by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Technology
Lto R- Dinesh Pant, managing director(MD), LIC, R. Doraiswamy, MD and CEO,M Ngaraju, secretary,Department of Financial Services,Ratnakar Patnaik,MD at an event in Mumbai to launch LIC’s Customer App ‘MyLIC’, Nagaraju suggested the four multiline PSU general insurers,...
by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
U.S. President Donald Trump “I think it’s close to over, yeah. I mean I view it as very close to over,” Trump said in an interview on Fox Business Network conducted Tuesday and broadcast Wednesday. DUBAI/WASHINGTON: U.S. President Donald Trump said the...
by AIP Online Bureau | Apr 15, 2026 | Indian News, Non-Life, Reinsurance
Though the company’s combined ratio has improved from 102.50 per cent in Q4FY25 to 101.21 per cent in Q4FY26, its underwriting losses have flared up by 34 per cent to Rs 282,38 per cent during the said period. New Delhi: ICICI Lombard General Insurance, the...
by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“According to the Exposure Management Research report, for the full year of 2025, 65 per cent of affected Indian organisations paid ransoms, with average pay-outs reaching USD 1.35 million,” according to the Manufacturing Threat Landscape 2025 report...
by AIP Online Bureau | Apr 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
A bank receiving cheques for collection acts as an agent of the customer and is under an obligation to exercise due diligence in presenting the instruments within the prescribed validity period. The failure to do so, resulting in the instrument becoming stale, in the...
