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Rural demand revival to boost FMCG, Auto and Mobile phone sales: Report

by AIP Online Bureau | Jul 18, 2025 | Data, Eco/Invest/Demography

Expectations of a healthy Rabi season, supported by normal monsoons, adequate soil moisture, and strong water reservoir levels, are also likely to boost rural incomes across major crop-producing states. New Delhi:The revival in rural demand is expected to play a key...

India’s insurance sector to see slower growth due to muted auto sales and weak corporate health renewals: Report

by AIP Online Bureau | Jul 18, 2025 | Data, Health, Non-Life

“We expect slower industry growth largely due to a slowdown in motor sales…… Retail health expanded 9.8 per cent YoY while group remained flat at -0.1 per cent YoY dragged by lower corporate policy renewals.” New Delhi: The insurance industry in India is...
Legal battle with X: Centre shows fake ‘Supreme Court of Karnataka’ account in HC

Legal battle with X: Centre shows fake ‘Supreme Court of Karnataka’ account in HC

by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Appearing for the Centre in its ongoing face-off with social media giant X Corp, Solicitor General (SG) Tushar Mehta presented the account as evidence of how easily digital platforms can be misused to mislead the public Bengaluru: Solicitor General (SG) Tushar Mehta...
EU imposes sanctions on Rosneft’s India refinery, lowers oil price cap

EU imposes sanctions on Rosneft’s India refinery, lowers oil price cap

by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,” EU foreign policy chief Kaja Kallas said in a post on X. Other measures adopted by EU include sanctions on dozens more vessels in Russia’s shadow...
RBI to issue climate risk disclosure rules for banks soon

RBI to issue climate risk disclosure rules for banks soon

by AIP Online Bureau | Jul 18, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

As part of the central bank’s climate disclosure rules, banks will be required to calculate gross emissions of borrowers and disclose this information by asset classes and industries, according to the draft norms. Such disclosures are expected to be included in...
Air India cockpit recording suggests captain cut fuel to engines before crash, report

Air India cockpit recording suggests captain cut fuel to engines before crash, report

by AIP Online Bureau | Jul 18, 2025 | International News, Risk Management, Technology

India’s Aircraft Accident Investigation Bureau (AAIB), which is leading the investigation into the crash, said in a statement on Thursday that “certain sections of the international media are repeatedly attempting to draw conclusions through selective and...
Global Cat insured losses at least $100 billion for 1H 2025: Aon

Global Cat insured losses at least $100 billion for 1H 2025: Aon

by AIP Online Bureau | Jul 17, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

According to preliminary estimates, 1H economic losses in the U.S. alone reached at least $126 billion, surpassing 1994 ($115 billion) as the costliest 1H on record and significantly above the 1H average since 2000 ($41 billion). In contrast, economic losses in all...
Insurance industry seeks clarity on Irdai’s initial approval of West Bridge’s KIWI General Insurance

Insurance industry seeks clarity on Irdai’s initial approval of West Bridge’s KIWI General Insurance

by AIP Online Bureau | Jul 17, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation

Industry expert said that with WestBridge Capital’s controlling stakes in both, KIWI General Insurance and Start Health, there may be a potential for merger. If that doesn’t happen then the only option is that WestBridge dilutes its holding in Star Health...

Cyber security and IT services provider Intersys sets up India operations

by AIP Online Bureau | Jul 17, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

Led by Tanmay Gore, director of Intersys India, located in Mumbai, will address a key challenge in the market: the difficulty of assessing and pricing cyber risk for organisations that often lack dedicated IT security resources Mumbai: London based Cyber security and...

Businesses expect a surge in conflicts and disputes as risk landscape worsens, Clyde & Co report

by AIP Online Bureau | Jul 17, 2025 | Eco/Invest/Demography, International News, Risk Management

James Roberts, Partner, London, said: “Economic pressures are triggering disputes where once there may have been a more pragmatic renegotiation. Contractual tensions are particularly visible in sectors like professional services, construction, and technology, where...
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