by AIP Online Bureau | Feb 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The two parametric products — for extreme rainfall and drought-risk — were designed by IDF member insurance organizations AXA Climate, Guy Carpenter México Intermediario de Reaseguro S.A de C.V and Blue Marble, in partnership with the MAGP and with local insurer...
by AIP Online Bureau | Feb 24, 2026 | Indian News, Non-Life, Reinsurance
Hitesh Joshi,executive director & acting CMD, GIC Re “Keeping in view of performance of five eligible candidtes in the interface, their overall experience and extant parameters, Joshi has been recommended as the CMD of GIC Re,” said the FSIB on Tuesday...
by AIP Online Bureau | Feb 24, 2026 | International News, Non-Life, Risk Management, Technology
Tracey Crowe, General Manager for Claims and Underwriting at AIA Australia, commented,“We are always looking for opportunities to deliver simpler, faster and more connected experiences and services to the members of our fund partners. There is no question that the...
by AIP Online Bureau | Feb 24, 2026 | Briefs, Non-Life
TATA AIG General Insurance today announced the launch of Accident Super Guard Plus, a flexible personal accident insurance solution designed to provide comprehensive financial protection against unforeseen events.The policy is available for individuals and families,...
by AIP Online Bureau | Feb 24, 2026 | Briefs, Intermediaries, Technology, Workplace/Employee Benefits
Re/Insurance broker Lockton in partnership with AdvantageClub.ai, today launched ‘LocktonThrive’, its proprietary employee wellbeing solution powered by Lockton Services India designed to help organisations deliver a unified, personalised, and digital-first wellbeing...
by AIP Online Bureau | Feb 24, 2026 | Indian News, Risk Management, Technology
All five passengers and the two crew members, rescued from mid-sea, have been admitted to a hospital, one of the officials said. SRI VIJAYA PURAM:The helicopter ditched into the sea around 9.30 am, reportedly due to a technical snag, while approaching Mayabunder. All...
by AIP Online Bureau | Feb 24, 2026 | Banking & Bancassurance, Briefs, Intermediaries, Life
Utkarsh Small Finance Bank today announced a strategic partnership with Kotak Mahindra Life Insurance marking a significant milestone in the bank’s product expansion strategy. This collaboration significantly strengthens Utkarsh SFBL’s life insurance vertical,...
by AIP Online Bureau | Feb 24, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance, Risk Management
“The United States has more than 40 fellow actuaries per million people and the United Kingdom more than 250, while India has fewer than one per million. Compounding this, IAI’s(Institute of Actuaries) total membership has fallen from around 12,000 in 2011...
by AIP Online Bureau | Feb 23, 2026 | Indian News, Non-Life, Risk Management, Technology
The DGCA in a statement said, “On 23.02.2026 Redbird Airways Pvt Ltd Beechcraft C90 aircraft VT-AJV operating medical evacuation (Air Ambulance) flight on sector Ranchi-Delhi crashed in Kasaria Panchayat of Chatra district, in Jharkhand.” RANCHI: An air...
by AIP Online Bureau | Feb 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Dimaggio Rigby, Head of Cyber at UIB, added,“The cyber landscape is evolving at pace, and clients increasingly expect brokers to provide clear, quantitative insights. With CyberCube’s platform, we can enhance the sophistication of our analytics, improve the clarity of...