by AIP Online Bureau | Jul 25, 2025 | International News, Non-Life, Reinsurance
AXA sued at London’s High Court in 2021 over losses related to over 650,000 individual customer complaints about PPI policies, one of Britain’s costliest retail financial scandals, with banks paying out around 40 billion pounds in compensation. LONDON:...
by AIP Online Bureau | Jul 25, 2025 | Health, Indian News, Non-Life, Regulation, Risk Management, Technology
A significant data leak from Star Health Insurance was reported in Aug, 2024, affecting approximately 3.1 crore customer records. The data, including mobile numbers, PAN details, addresses, and medical information, was allegedly accessible through a website created by...
by AIP Online Bureau | Jul 24, 2025 | Indian News, Life
SBI Life’s Value of New Business (VoNB) stands at Rs.1,088 crores with a growth of 12% during the reporting period. The company’s VoNB Margin was at 27.4% in Q1FY 25 Mumbai: SBI Life Insurance, the largest private sector life insurer in the country, has...
by AIP Online Bureau | Jul 24, 2025 | Workplace/Employee Benefits
,Christiern Dart, CEO-Designate, MS Amlin Christiern brings more than three decades of leadership experience in international (re)insurance markets and will assume his role at a time of continued high performance at MS Amlin LONDON: MS Amlin, the Lloyd’s global...
by AIP Online Bureau | Jul 24, 2025 | International News
The plane, whose tail number showed it was built in 1976, was operated by a Siberia-based airline called Angara MOSCOW: Forty-eight people have died in a plane crash in Russia’s Far East, the head of the country’s Amur region said in a statement Thursday....
by AIP Online Bureau | Jul 24, 2025 | Health, Indian News, Life, Regulation
Ajay Seth, Chairman-designate, IRDAI Seth, a 1987-batch Indian Administrative Service(IAS) officer from the Karnataka cadre, retired in June end New Delhi: Finally, Ajay Seth, 60, former Finance Secretary, Ministry of Finance, has been appointed as the new chairman of...
by AIP Online Bureau | Jul 24, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
The case is led by the Pacific island nation of Vanuatu and backed by more than 130 countries The court also said a “clean, healthy and sustainable environment” is a human right. Enshrining a sustainable environment as a human right paves the way for other...
by AIP Online Bureau | Jul 23, 2025 | International News, Non-Life, Reinsurance
Jurecka has been with the Group since 2011 and will succeed Joachim Wenning. In 2019, he had joined Munich Re’s Board of Management as Chief Financial Officer (CFO) Munich: Munich Re, the largest international reinsurer, on Wednesday has appointed Christoph Jurecka,...
by AIP Online Bureau | Jul 23, 2025 | Indian News, Life, Regulation
Wilf Blackburn, ex-regional CEO of Prudential Asia, is proposed to chair the proposed venture, while Nikhil Verma, former deputy CEO of Aviva Vietnam, is proposed to lead as CEO Mumbai: Domestic brokerage Angel One on Wednesday announced a plan to partner...
by AIP Online Bureau | Jul 23, 2025 | Indian News, Regulation
“Applicable to all insurers (except reinsurers) with more than three years of operations, the framework mandates the appointment of an internal insurance ombudsman to address complaints involving claims up to Rs 50 lakh,” it said. New Delhi: Irdai on...
