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Engagement with global stakeholders essential for building a resilient and forward-looking Indian insurance ecosystem:Seth

Engagement with global stakeholders essential for building a resilient and forward-looking Indian insurance ecosystem:Seth

by AIP Online Bureau | Mar 10, 2026 | Eco/Invest/Demography, Indian News, Regulation

“Engaging with international stakeholders allows us to better understand global perspectives,share our regulatory approach and better align with evolving market dynamics,” Seth said while addressing a virtual engagement organised by the IRDAI, in collaboration with...

Shriram General Insurance launches Shri Health Suraksha 2.0

by AIP Online Bureau | Mar 10, 2026 | Briefs, Health, Non-Life

Shriram General Insurance Company (SGI) today announced the launch of Shri Health Suraksha 2.0, an enhanced health insurance suite engineered for greater flexibility and “all-inclusive” protection.Key Features of Shri Health Suraksha 2.0:Automatically...
Looking to help exporters at insurance front to deal West Asia crisis: Goyal

Looking to help exporters at insurance front to deal West Asia crisis: Goyal

by AIP Online Bureau | Mar 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“We are looking for developing some new schemes like insurance support… We are consulting ECGC (Export Credit Guarantee Corporation) and other departments on that,” Commerce and Industry Minister Piyush Goyal NEW DELHI: Commerce and Industry Minister...
Wedding Insurance:Securing bride’s dream day

Wedding Insurance:Securing bride’s dream day

by AIP Online Bureau | Mar 10, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

In 2024–25, the average Indian wedding cost has risen to nearly ₹30–35 lakh, with families embracing multi-day functions, couture fashion, and immersive décor and destination venues. Financial mindfulness is becoming a natural part of wedding preparation, ensuring...
Indian Non-Life Insurance Industry:Poised for significant growth in FY2026 & beyond

Indian Non-Life Insurance Industry:Poised for significant growth in FY2026 & beyond

by AIP Online Bureau | Mar 10, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

Notwithstanding geopolitical tensions and external headwinds, the Indian non-life insurance sector is projected to grow between 13-15% on an annual basis over the near term as consumer demand rises in step with the country’s economic growth momentum. Sharad Mathur,...
Zurich Insurance to buy Generali’s Iris unit for €337 million ($389 million) in cash

Zurich Insurance to buy Generali’s Iris unit for €337 million ($389 million) in cash

by AIP Online Bureau | Mar 10, 2026 | International News, Non-Life, Reinsurance

Zurich said the purchase will make it a top-three provider of life and non-life insurance in Ireland, where it has served customers for more than 75 years. The deal comes a week after the Swiss company made a firm bid for specialty insurer Beazley Plc and started a $5...
Frame no-fault compensation policy for serious adverse events after Covid vaccination: SC to Centre

Frame no-fault compensation policy for serious adverse events after Covid vaccination: SC to Centre

by AIP Online Bureau | Mar 10, 2026 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

The top court delivered its verdict on pleas, including the one which alleged that two women lost their lives in 2021 after taking the first dose of the Covishield vaccine. The plea alleged that both of them suffered from severe adverse effects following immunisation....
Middle East Crisis: How US-Israeli war on Iran is upending global business

Middle East Crisis: How US-Israeli war on Iran is upending global business

by AIP Online Bureau | Mar 9, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

The war has closed much of the region’s airspace and crippled Dubai and Doha airports, two of the world’s busiest transit hubs, stranded tens of thousands of passengers and forced airlines to cancel about 40,000 flights–the travel industry’s biggest disruption since...
IRDAI issues licenses to Kiwi General Insurance and Allianz Jio Reinsurance, approves draft regulations for new SBSR Act

IRDAI issues licenses to Kiwi General Insurance and Allianz Jio Reinsurance, approves draft regulations for new SBSR Act

by AIP Online Bureau | Mar 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Ajay Seth, Chairman, IRDAI In order to expedite the regulatory alignment process and incorporating reforms of SBSR Act(the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, the IRDAI granted in-principle approval for drafting and publishing the draft...
Govt says Air India plane crash probe report will be out “very soon”

Govt says Air India plane crash probe report will be out “very soon”

by AIP Online Bureau | Mar 9, 2026 | Indian News, Non-Life, Reinsurance, Technology

“Regarding the AI171 crash that happened in June last year, the investigation is going at a very good pace, and all the resources that are required for AAIB, the primary agency which is looking into the investigation, the ministry is providing.And I would say...
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