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Gen Z embraces insurance early, warm up to Gen AI for research, finds out Policybazaar survey

Gen Z embraces insurance early, warm up to Gen AI for research, finds out Policybazaar survey

by AIP Online Bureau | Jun 27, 2025 | Data, Health, Life, Non-Life, Risk Management, Workplace/Employee Benefits

The survey reveals a growing curiosity, early purchase consideration and a digital-first behaviour among India’s younger cohort – the Gen Z – with distinct patterns emerging between health and term insurance Policybazaar’s latest survey on Insurance...
Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman

Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman

by AIP Online Bureau | Jun 27, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Wealth Management/ Philanthropy

Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and reviewed its progress as an International Finance Services Center Sitharaman exhorted officials to work towards making GIFT IFSC more competitive and cost effective to attract HNI investments in the...

DoT proposes changes in cyber security rules to curb frauds by misusing phone numbers

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

The draft cyber security rules published on June 24 proposed to create a new platform for phone number validation and also includes those entities that use phone numbers to identify customers like banks using phone numbers for UPI transactions New Delhi:The Department...

New India slapped with a GST demand of Rs 2,298 cr

by AIP Online Bureau | Jun 26, 2025 | Indian News, Non-Life

New India Assurance believes that it has strong case on merit. Based on the advice of its tax consultants, the company is in the process of filing a detailed reply highlighting its contentions with the adjudicating authority within the prescribed timelines...

CTI raises concern over rising health insurance premiums, writes to FM

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

In a letter to Finance Minister Nirmala Sitharaman, CTI chairman Brijesh Goyal said health insurance premiums have increased by 15 to 20 per cent in the last few years, putting a strain on household budgets and forcing many people to discontinue their policies midway....

Cyberattack disruption at London hospitals contributed to patient death

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Health, International News, Risk Management, Technology

“We are deeply saddened to hear that last year’s criminal cyberattack has been identified as one of the contributing factors that led to this patient’s death,” said Synnovis Chief Executive Officer Mark Dollar in a statement A cyberattack that caused disruption at...

ED registers prosecution complaint against Trinity Reinsurance Brokers in J&K money laundering charges

by AIP Online Bureau | Jun 26, 2025 | Workplace/Employee Benefits

During the investigation, it was revealed that the J&K Finance Department deliberately awarded the tender for engagement of an intermediary (i.e. Insurance broker) for designing, floating the tender and implementation of the health insurance scheme for government...
ICRA cuts domestic PV wholesale growth forecast to 1-4 pc for FY26

ICRA cuts domestic PV wholesale growth forecast to 1-4 pc for FY26

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography

The downward revision is “led by concerns regarding high inventory levels and supply shortage of critical components such as rare earth magnets, induced production constraints, especially for electric vehicles,” ICRA said in a statement. New Delhi: Ratings...

Over 8.5 lakh mule accounts in 700 bank branches used by cyber criminals CBI

by AIP Online Bureau | Jun 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

The CBI has found that these mule accounts — established using falsified identification documents — were primarily used as conduits for siphoning funds from unsuspecting victims. New Delhi: The CBI has detected 8.50 lakh mule bank accounts in over 700...

Over 18.9 lakh cos were active in India at May-end shows official data

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits

“Top three states that receive the highest number of new registrations duringMay 2025 were Maharashtra with 17 per cent which amounts to 3,458 corporates, Uttar Pradesh with 11 per cent coming in at 2,379 and Delhi following closely behind at 9 per cent...
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