by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, International News, Pension & Social Security, Regulation
The lawsuit comes after an Australian Securities and Investments Commission report criticized leadership across the A$4.1 trillion pensions industry for fostering a culture of poor customer service, outlining 34 recommendations for reform. The regulator has also taken...
by AIP Online Bureau | Aug 14, 2025 | Banking & Bancassurance, Indian News, Non-Life
In a letter made public on Monday, the Justice Department said the subsidiary, Liberty General Insurance, paid $1.47 million in bribes to six state-owned banks, which in exchange referred customers to its insurance products. Washington: US insurer Liberty Mutual will...
by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, Indian News, Policy
“India is prioritising fiscal consolidation, demonstrating the government’s political commitment to deliver sustainable public finances, while maintaining its strong infrastructure drive,” S&P said in a statement New Delhi: In a landmark...
by AIP Online Bureau | Aug 14, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News
“A massive Cloud burst in Chositi area, which could result in substantial casualty. Administration has immediately swung into action, rescue team has left for the site”, said Union Minister Jitendra Singh said on X. JAMMU: At least 46 persons are feared dead and over...
by AIP Online Bureau | Aug 13, 2025 | Eco/Invest/Demography, Indian News
“Food labelling should not just be a marketing tool, but it should also be treated as the most essential factor of trust between a manufacturer and a consumer. We want truthful and honest declaration of whatever is contained in the food product, and the consumer...
by AIP Online Bureau | Aug 13, 2025 | Indian News, Life, Policy, Regulation
The OFS , which could be between 2.5% and 3% of government’s equity in LIC, could mobilise between Rs14,000 crore and Rs 17,000 crore New Delhi: The government is firming up further stake sale of between 2.5% and 3% of its equity in Life Insurance Corporation...
by AIP Online Bureau | Aug 13, 2025 | Briefs, Intermediaries, Non-Life, Reinsurance
Lockton, has announced the appointment of Darshan Parikh as senior director, corporate solutions group (CSG).He was with Marsh Insurance Brokers, where he led the Marine, Aviation, and Facultative Reinsurance businesses. With over 15 years of experience in global and...
by AIP Online Bureau | Aug 13, 2025 | Workplace/Employee Benefits
All domestic flights were canceled on Wednesday – 252 in total – while 155 international flights were also called off, the transport ministry said Typhoon Podul blew through southern Taiwan on Wednesday packing winds of up to 191 kph (118 mph) and leaving one person...
by AIP Online Bureau | Aug 13, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Together with U.S. restrictions, they mean more than 440 shadow fleet tankers face sanctions, including tankers Moscow needs to ship oil to its biggest buyers, China and India Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous...
by AIP Online Bureau | Aug 13, 2025 | International News, Technology
“Insurers are increasingly turning to technology to help unlock growth and profitability… We will work with the company (Sapiens) to accelerate investment into technology innovation, AI, and customer centricity,” Douglas Hallstrom, a director at Advent, said in a...
