by AIP Online Bureau | Nov 19, 2025 | Indian News, Reinsurance
(L to R) – V. Balkrishna, CFO, GIC Re, Parshant Kumar Goyal, joint secretary, Department of Financial Services, Finance Minister Nirmala Sitharaman, Hitesh Joshi, executive director, additional charge of CMD, GIC Re , Jayashri B, executive director, GIC Re, at...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The Ministry of Road Transport & Highways (MoRTH), in a latest notification issued on November 11, has said the higher fee slabs now begin from 10 years for commercial vehicles instead of 15 years, bringing more vehicles under the updated cost brackets. New...
by AIP Online Bureau | Nov 19, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges” Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
The matter of mandating last date for adoption of 1600 series by the entities in the insurance sector is under discussion with IRDAI, and will be notified subsequently, the official statement said. The structured and time-bound adoption of the 1600-series is expected...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Reinsurance, Risk Management, Technology
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
The southern Red Sea segment of 2Africa hasn’t yet been built due to a “range of operational factors, regulatory concerns, and geopolitical risk,” said a spokesperson for Meta, which leads a consortium of telecom companies developing the cable. Multiple subsea...
by AIP Online Bureau | Nov 19, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Speaking at the CII Financing Summit in Mumbai , SBI Chairman CS Setty said that the sector participants have come together to form the Indian Digital Payment Intelligence Corporation, a not-for-profit entity, which is a shared digital infrastructure to offer...
by AIP Online Bureau | Nov 18, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
Alphabet Chief Executive Sundar Pichai said in an interview with the BBC published on Tuesday that the current wave of AI investment was an “extraordinary moment” but acknowledged “elements of irrationality” in the market, echoing warnings of “irrational exuberance”...
by AIP Online Bureau | Nov 18, 2025 | Indian News, Policy, Regulation, Risk Management, Technology
UIDAI CEO Bhuvnesh Kumar said that the authority is considering introducing a new rule in December to discourage offline verification by entities such as hotels, event organisers, etc, and enhance the age verification process using Aadhaar while maintaining the...
by AIP Online Bureau | Nov 18, 2025 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Regulation
“We need to look at it…how do we secure the future of those who earn a little more also, but have a secure future and not depend on the children in the time of old age,”Department of Financial Services Secretary M Nagaraju Mumbai: The country needs to relook at the Rs...
