by AIP Online Bureau | Jun 20, 2025 | Data, Health, Non-Life
Pune: Pune based Bajaj Allianz General Insurance, has unveiled a pioneering initiative — the ‘State-wise Health Insurance Policy’, a first-of-its-kind health insurance product thoughtfully tailored to address the distinct healthcare realities of each...
by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
“Most disruptive and destructive cyberattacks are about influence and psychological impact rather than practical impact,” said John Hultquist, chief analyst at Google’s Threat Intelligence Group. “That’s why a lot of them involve an effort to publicize the incidents...
by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Underwriters are now charging 0.2% of the value of a ship for calls into the Gulf, up from 0.125% prior to the conflict breaking out, according to Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the largest insurance broker. Rates have also...
by AIP Online Bureau | Jun 19, 2025 | Indian News, Regulation, Risk Management, Technology
In the report, the Directorate General of Civil Aviation said spot checks in May on three Air India Airbus planes found that they were operated despite mandatory inspections being overdue on the “critical emergency equipment” of escape slides NEW DELHI:...
by AIP Online Bureau | Jun 19, 2025 | Banking & Bancassurance, Interviews, Life, Regulation
Varun Gupta, President & Chief Distribution Officer (CDO) – Bancassurance, IndiaFirst Life Though role of Bancassurance has grown significantly in the Indian life insurance industry, IRDAI, Insurers and banks need to continue to work together to enhance customer...
by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Regulation, Risk Management
The preliminary finding raise questions about whether the plane’s engines functioned properly during takeoff, the report said. The Dreamliner was fitted with GE Aerospace’s GEnx engines. Investigators believe the Air India Boeing Dreamliner had its...
by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, Indian News, Technology
Nirmala Sitharaman, Finance Minister Speaking at the Digital Payments Awards 2025 Ceremony , Sitharaman said it is important to ensure that startup companies come up with solutions so that people are not arrested at home digitally, or fly by night operators...
by AIP Online Bureau | Jun 19, 2025 | Indian News, Policy, Risk Management
Property owners must submit key details, including site plans and structural dimensions, within 60 days of receiving the notice. Non-compliance could trigger enforcement action, including demolition or trimming of the structure New Delhi: In a key step after the...
by AIP Online Bureau | Jun 18, 2025 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Risk Management
“Over the past six years, Descartes has established itself as the leading parametric insurance business for climate-related risks, remaining true to our scientific approach to risk transfer.”Tanguy Touffut, CEO and co-founder PARIS: Descartes Underwriting, a...
by AIP Online Bureau | Jun 18, 2025 | Eco/Invest/Demography, Policy, Regulation
Total assets under foreign banks and insurance institutions in China have exceeded 7 trillion yuan ($974.01 billion), Li, director of the National Financial Regulatory Administration, told the Lujiazui Forum, a high-profile financial gathering China’s financial...