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Marsh McLennan and its businesses will brand as Marsh

Marsh McLennan and its businesses will brand as Marsh

by AIP Online Bureau | Oct 14, 2025 | Intermediaries, International News, Life, Non-Life

Creates a new unit, Business and Client Services (BCS), to accelerate innovation and centralize investments in operational excellence, data, AI and analytics NEW YORK: Marsh McLennan, the largest multinational re/insurance broker, today announced that it will change...
GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology

GIFT City’s overall rating improved, underscoring increasing confidence among global investors and institutions in India’s emerging international financial ecosystem. It also made a significant gain in the FinTech Index, where it rose five positions from...
ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26

ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26

by AIP Online Bureau | Oct 14, 2025 | Indian News, Life

The life insurer’s Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai:...
Climate Change: Life-threatening heat domes confound forecasters

Climate Change: Life-threatening heat domes confound forecasters

by AIP Online Bureau | Oct 14, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Wildfires and droughts are often the byproduct of extreme heat and have caused some of the largest climate-related disasters in the US. From 1980 to 2024, 23 wildfires caused $147.9 billion in damage and killed 537 people while 32 droughts extracting a toll of $367.6...
Global financial watchdogs to ramp up monitoring of AI

Global financial watchdogs to ramp up monitoring of AI

by AIP Online Bureau | Oct 14, 2025 | International News, Regulation, Risk Management

Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on financial stability Global financial regulators have laid out plans for closer monitoring of artificial...
Aon bolsters its broking capabilities with two senior leadership appointments

Aon bolsters its broking capabilities with two senior leadership appointments

by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Both appointments are effective immediately, with Michelle and Lucy based in London and reporting into Rob Kemp, chief executive officer (CEO) of Commercial Risk for Aon UK LONDON: Global re/insurance broker Aon plc has announced the appointments of Michelle Beverely...
Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission

Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission

by AIP Online Bureau | Oct 13, 2025 | Health, Indian News, Intermediaries, Policy

(Lto R)- Narendra Kumar Bharindwal, President, IBAI, met with Tapan Singhel, chairman, General Insurance Council on Monday The Insurance Brokers Association of India( IBAI) wants an industry-wide dialogue on the transfer of GST burden to intermediaries to maintain...

Startups bridging India’s mental health gap through tech-led innovations

by AIP Online Bureau | Oct 13, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Risk Management

According to the India Mental Health Alliance (IMHA), a staggering 200 million Indians have diagnosed mental health conditions but receive no adequate treatment, leading to a treatment gap as high as 95 pert cent in some areas. NEW DELHI: Mental health-tech startups...

World’s largest oil gas companies involved in under 1.5 pc renewable energy projects: Study

by AIP Online Bureau | Oct 13, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

“Oil and gas companies’ renewable deployment is anecdotal at best. Their contribution to the fight against the climate crisis should be judged solely by how much fossil fuel they leave in the ground,” lead author Marcel Llavero-Pasquina, a researcher...

Death rates among youth not declining despite overall drop globally: Lancet study

by AIP Online Bureau | Oct 13, 2025 | Data, Eco/Invest/Demography, Health

“The rapid growth in the world’s aging population and evolving risk factors have ushered in a new era of global health challenges,” said Dr Christopher Murray, director of the Institute for Health Metrics and Evaluation (IHME) at the University of...
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