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Niva Bupa Health Insurance Q2 profit more than doubles to Rs 62 cr

Niva Bupa Health Insurance Q2 profit more than doubles to Rs 62 cr

by AIP Online Bureau | Nov 3, 2025 | Health, Indian News

Gross written premium increased to Rs 1,843 crore during the quarter under review compared to Rs 1,777 crore in the same period a year ago. New Delhi: Standalone health insurer Niva Bupa Health Insurance Company Ltd on Monday reported more than twofold jump in net...
Carmakers post record sales in Oct driven by festive demand GST rate cut

Carmakers post record sales in Oct driven by festive demand GST rate cut

by AIP Online Bureau | Nov 1, 2025 | Eco/Invest/Demography, Indian News

“In October, we did a retail of 2,42,096 units, which is a growth of almost 20 per cent over the last year,” Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee, told reporters in a virtual interaction. It was the...
Allianz Trade extends geographical footprint to new location Vietnam

Allianz Trade extends geographical footprint to new location Vietnam

by AIP Online Bureau | Nov 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Despite potentially facing higher US tariffs than its ASEAN peers, Vietnam’s strengthening position in global trade and global supply chains is expected to continue to underpin broader economic growth in the medium-term, fuelled by exports (especially in the...
Fintech body flags UPI dominance by American companies, seeks measures for fair competition

Fintech body flags UPI dominance by American companies, seeks measures for fair competition

by AIP Online Bureau | Oct 31, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

In its letter, IFF said the current structure poses “systemic concentration risks” that could stifle innovation and competition over time. It called on the government to take corrective steps to level the playing field for smaller players and sustain...
UIDAI unveils ‘Aadhaar Vision 2032’ framework to strengthen digital identity through AI, advanced encryption

UIDAI unveils ‘Aadhaar Vision 2032’ framework to strengthen digital identity through AI, advanced encryption

by AIP Online Bureau | Oct 31, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“The Aadhaar Vision 2032 framework will focus on leveraging cutting-edge technologies such as Artificial Intelligence (AI), Blockchain, Quantum Computing, Advanced Encryption, and next-generation Data Security mechanisms,” the ministry said New Delhi:...

Generali Central Life Insurance launches Term ULIP

by AIP Online Bureau | Oct 31, 2025 | Briefs, Life, Wealth Management/ Philanthropy

Generali Central Life Insurance (erstwhile Future Generali India Life Insurance) has launched a Term with Unit Linked Insurance Plan (TULIP)-Generali Central Sampoorna Samadhaan Plan. This innovative offering combines robust life protection with long-term wealth...
Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

by AIP Online Bureau | Oct 30, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology

India’s Insurtech ecosystem is at a sizeable scale, with cumulative valuations crossing USD 15.8 billion and revenues growing reaching USD 0.9 billion in 2024 – a 10x increase since 2019. The sector has 2 unicorns, 8 players between USD 100 million to USD 1...
Aiming affordability,IRDAI chief hints at key distribuition reforms in Indian insurance sector

Aiming affordability,IRDAI chief hints at key distribuition reforms in Indian insurance sector

by AIP Online Bureau | Oct 30, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life

“We see BIMA Sugam as an efficient consumer-facing platform, which is getting ready and at the back-end are the insurance companies. They have made a beginning as their products and services should be coming in the market in the next few quarters.”Ajay...
India Retirement Index Study: Balancing finance, health, and emotion

India Retirement Index Study: Balancing finance, health, and emotion

by AIP Online Bureau | Oct 29, 2025 | Articles, Eco/Invest/Demography, Health, Life, Pension & Social Security

Sumit Madan, MD and CEO, Axis Max Life said, “IRIS 5.0 signals a clear shift towards smarter and more holistic retirement planning. Today’s consumers are showing greater health consciousness, higher product awareness, and sustained financial confidence. As health...
Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In its Best’s Commentary, “Jamaica’s Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses....
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