by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
Ajay Seth, chairman, IRDAI Seth encouraged insurers to actively leverage the Joint Expert Group on Ind AS, comprising representatives from IRDAI, ICAI, IAI, NFRA and SEBI, as a platform for seeking guidance and resolving implementation-related issues during the...
by AIP Online Bureau | Jun 5, 2026 | Indian News, Non-Life, Technology
“Indian consumers have a real trust deficit in insurance. With Kiwi, we’re using technology and AI to solve the problems of affordability, reach, and convenience,“ Nilesh Garg,chairman,founder, Kiwi Insurance Mumbai:Bengaluru based Kiwi General Insurance, backed...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Debasish Prusty, additional secretary, Department of Financial Services The re/insurers should explore the future roadmap in three steps: achieving sovereignty in maritime trade through development of a Protection and Indemnity(P&I) product domestically, scaling...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The company has faced pushback from others in the industry – and officials in the White House – who say its focus on worst-case scenarios overstates the risks and amounts to a strategy for slowing rivals under the cover of safety concerns. Artificial...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
According to NSE block deal data, JP Morgan, through its affiliate JP Morgan (Taiwan) Eastern Technology Fund, and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares, representing nearly a 0.4% stake in the Bengaluru-based insurer.The transaction marks a...
by AIP Online Bureau | Jun 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra, Governor,Reserve Bank of India “The central bank’s rate panel noted that the global environment has deteriorated,” RBI Governor Sanjay Malhotra said. The central bank’s rate panel felt it was “prudent” to wait...
by AIP Online Bureau | Jun 5, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
From left, Maruti Suzuki India MD and CEO Hisashi Takeuchi, Union Road Transport and Highways Minister Nitin Gadkari and Union Petroleum and Natural Gas Minister Hardeep Singh Puri during the launch of the company’s first flex fuel car, in New Delhi, Thursday,...
by AIP Online Bureau | Jun 4, 2026 | Indian News, Non-Life, Technology
AIC strengthened its technology-enabled insurance ecosystem through the use of advanced analytics, geospatial technologies, satellite imagery, remote sensing and AI-based tools, Lavanya Mundayur,CMD, Agriculture Insurance Company New Delhi:State owned Agriculture...
by AIP Online Bureau | Jun 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Jonathan Powell, Managing Director, Guy Carpenter said,“Clients are facing urgent and complex capacity needs following the Middle East conflict. Guy Carpenter was pleased to place the TFP PVT Consortium to provide structured, dependable capacity at scale. This...
by AIP Online Bureau | Jun 4, 2026 | International News, Non-Life, Reinsurance, Technology
Researchers at the Lloyd’s insurer found so called “supershear” earthquakes accounted for 66% of insured losses from earthquakes since 2016 – equivalent to $13.2 billion – yet are absent from seismic hazard models, building design codes and insurance catastrophe...
