by AIP Online Bureau | Apr 15, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology
Indian customers are also optimistic about tech, with 82 per cent of the people surveyed viewing AI as beneficial, and they prioritise vehicle-smartphone connectivity, as per the study. New Delhi: Indian consumers are willing to share personal information with...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Regulation, Technology
The paid-up share capital of the proposed company will be Rs 27 crore New Delhi: PB Fintech, the parent entity of Policybazaar, on Tuesday said its subsidiary had secured payment aggregator licence from the RBI. Last year, the company had announced setting up a...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Non-Life
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The insurer’s combined ratio was at 102.5 per cent in Q4 FY2025 as compared to 102.3 per cent in Q4 FY2024. Its underwriting losses have swelled up by 38 per cent year-on-year(Y-o-Y) to Rs 209 crore from Rs...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Life
ICICI Prudential’s value of new business (VNB), or expected profit from new policies, rose 2.5 per cent to Rs 7.95 billion for the quarter, according to Reuters calculations. ICICI Prudential’s VNB margins for the full year deteriorated to 22.8 per cent...
by AIP Online Bureau | Apr 15, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology
Fraudsters use fake payment apps to convince innocent victims that they have completed a transaction. In reality, they use a fake app that only simulates the payment transaction flow, leaving the victim to realise only later that the transaction was fabricated Fake...
by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, Indian News, Risk Management
El Nino conditions, associated with below-normal monsoon rainfall in the Indian subcontinent, are unlikely to develop this time, India Meteorological Department (IMD) chief Mrutyunjay Mohapatra said Parts of the country are already battling extreme heat and a...
by AIP Online Bureau | Apr 15, 2025 | Articles, Policy, Risk Management
Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may seek to explore By Steve Taylor, Head of Credit Solutions, Asia, Aon The recently announced U.S....
by AIP Online Bureau | Apr 15, 2025 | Climate, Environment, Renewable Energy, Indian News, Non-Life
Total electric vehicle (EV) registrations in the country reached 1.97 million units in FY25 against 1.68 million units in FY2023-24, posting a growth of 17 per cent New Delhi: Electric vehicle registrations in the country increased 17 per cent to 19.7 lakh units last...
by AIP Online Bureau | Apr 14, 2025 | Indian News, Life, Non-Life, Regulation, Technology
The Ministry of Finance has prohibited three PSU general insurers- Oriental Insurance Company , National Insurance Company and United India Insurance- from providing any capital to Bima Sugam as currently, they lack shareholders’ capital and they are not permitted use...
by AIP Online Bureau | Apr 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
This is the first time Taiping Reinsurance is bringing high-resolution flood modeling in-house, instead of relying on coarser models developed by US risk analytics companies, said Sheldon Yu, chief executive officer at the Hong Kong-based reinsurer The weather...
