by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life, Reinsurance, Risk Management
Pricing across most reinsurance lines continued to gradually fall, as it had at the January and April renewals, and rates for loss-free property programmes fell by 10%–15%. In contrast, US casualty pricing was broadly flat, and retrocession pricing and coverage...
by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life
John Neal, President-designate, AIG In this role, Neal will report to chairman & CEO, Peter Zaffino and lead AIG’s General Insurance organization, which includes the North America Commercial Insurance, International Commercial Insurance and Global Personal...
by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Technology
“India’s electric car sales penetration is likely to cross 7 per cent by FY28, provided rare earth disruption is resolved in a timely manner. With a robust pipeline of model launches, expanding EV charging infrastructure and battery localisation under the...
by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Policy
According to the government, the new Bill aims to simplify language, eliminate redundancy, and streamline procedures and processes to enhance the taxpayer experience New Delhi: A Parliamentary panel examining the Income Tax Bill-2025 on Wednesday made 285 suggestions...
by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Non-Life
The report also highlights that the passenger vehicle segment crossed a milestone of 1 million mark in Q1 of 2025-26, specifically 1.01 million units. This is the 2nd time in a row in Q1 in the last 2 years that the sales for passenger vehicles crossed the 1 million...
by AIP Online Bureau | Jul 16, 2025 | Health, Indian News, Policy
The Union health ministry has also recently proposed displaying sugar and oil boards as an initiative to promote healthier dietary habits in various settings. New Delhi: The Supreme Court of India has directed Food Safety and Standards Authority of India (FSSAI) to...
by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life
Nearly 1.4 lakh new Jan Dhan accounts have been opened and more than 5.4 lakh new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight, the statement said New Delhi: About 1.4 lakh new Jan Dhan accounts have been opened in the past...
by AIP Online Bureau | Jul 16, 2025 | Indian News, Non-Life, Reinsurance
“Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore,” Maharashtra Agriculture...
by AIP Online Bureau | Jul 15, 2025 | Workplace/Employee Benefits
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by AIP Online Bureau | Jul 15, 2025 | Health, Indian News, Non-Life, Reinsurance
The insurer’s Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in...
