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Prudential’s CEO Anil Wadhwani meets Sitharaman, remains bullish on India

Prudential’s CEO Anil Wadhwani meets Sitharaman, remains bullish on India

by AIP Online Bureau | Jun 20, 2025 | Health, Indian News, Life

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman met with Anil Wadhwani, chief executive officer, Prudential plc on Thursday Highlighting health as a shared strategic priority, Wadhwani conveyed the company’s commitment to leveraging its...
S Ramann takes over as new chairman of PFRDA

S Ramann takes over as new chairman of PFRDA

by AIP Online Bureau | Jun 20, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation

S Ramann, chairman, PFRDA With his vast experience in public finance, technology, and financial regulation, Ramann,an officer of the Indian Audit & Accounts Service (IA&AS) from the 1991 batch, has been appointed as the new chairman of PFRDA for a tenure of...
Surveillance and testing for Covid-19 scaled up: ICMR NIV Director

Surveillance and testing for Covid-19 scaled up: ICMR NIV Director

by AIP Online Bureau | Jun 20, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

Rajiv Bahl, DG, ICMR “The government and health agencies are closely monitoring COVID-19 cases and taking necessary steps. Currently, the number of active cases is low, and most cases are limited to southern and western India. The government is focusing on three...
Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade

Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade

by AIP Online Bureau | Jun 20, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

According to think tank GTRI, any closure or military disruption in the Strait of Hormuz would sharply increase oil prices, shipping costs, and insurance premiums, triggering inflation, pressuring the rupee, and complicating India’s fiscal management. New Delhi:...
Bajaj Allianz General launches state-wise health insurance policies tailored to regional needs

Bajaj Allianz General launches state-wise health insurance policies tailored to regional needs

by AIP Online Bureau | Jun 20, 2025 | Data, Health, Non-Life

Pune: Pune based Bajaj Allianz General Insurance, has unveiled a pioneering initiative — the ‘State-wise Health Insurance Policy’, a first-of-its-kind health insurance product thoughtfully tailored to address the distinct healthcare realities of each...
Israel-Iran conflict spreads into cyberspace and crypto

Israel-Iran conflict spreads into cyberspace and crypto

by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

“Most disruptive and destructive cyberattacks are about influence and psychological impact rather than practical impact,” said John Hultquist, chief analyst at Google’s Threat Intelligence Group. “That’s why a lot of them involve an effort to publicize the incidents...
Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade

Iran-Israel Attacks: Insurance costs jump for ships sailing in Persian Gulf

by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Underwriters are now charging 0.2% of the value of a ship for calls into the Gulf, up from 0.125% prior to the conflict breaking out, according to Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the largest insurance broker. Rates have also...
Air India warned by DGCA for flying Airbus planes with unchecked escape slides

Air India warned by DGCA for flying Airbus planes with unchecked escape slides

by AIP Online Bureau | Jun 19, 2025 | Indian News, Regulation, Risk Management, Technology

In the report, the Directorate General of Civil Aviation said spot checks in May on three Air India Airbus planes found that they were operated despite mandatory inspections being overdue on the “critical emergency equipment” of escape slides NEW DELHI:...
“IndiaFirst Life is progressively becoming a multi-channel distribution player in the industry.”

“IndiaFirst Life is progressively becoming a multi-channel distribution player in the industry.”

by AIP Online Bureau | Jun 19, 2025 | Banking & Bancassurance, Interviews, Life, Regulation

Varun Gupta, President & Chief Distribution Officer (CDO) – Bancassurance, IndiaFirst Life Though role of Bancassurance has grown significantly in the Indian life insurance industry, IRDAI, Insurers and banks need to continue to work together to enhance customer...
Boeing 787’s emergency-power system likely active before Air India crash, WSJ reports

Boeing 787’s emergency-power system likely active before Air India crash, WSJ reports

by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Regulation, Risk Management

The preliminary finding raise questions about whether the plane’s engines functioned properly during takeoff, the report said. The Dreamliner was fitted with GE Aerospace’s GEnx engines. Investigators believe the Air India Boeing Dreamliner had its...
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