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Monsoon rains to hit southern Indian coast early, spurring crop planting

Monsoon rains to hit southern Indian coast early, spurring crop planting

by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News

Last month, the India Meteorological Department forecast below-average monsoon rains in ​2026 for ​the first ⁠time in three years, raising concerns over farm output and economic growth ​in Asia’s third-largest economy, which, like ​other ⁠countries, already...
GIC Re infuses $49 million into its Malaysian branch

GIC Re infuses $49 million into its Malaysian branch

by AIP Online Bureau | May 16, 2026 | Indian News, Reinsurance

GIC Re appoints Rajesh Lahiri as new CFO in place of V. Balkrishna New Delhi: State owned GIC Re has infused USD 49 million (approximately Rs 469 crore) into the Corporation’s Labuan (Malaysia) Branch for maintaining solvency as required by the Labuan Financial...
Stomach viruses pose greater cruise danger than rare Hantavirus

Stomach viruses pose greater cruise danger than rare Hantavirus

by AIP Online Bureau | May 15, 2026 | Eco/Invest/Demography, Health, International News

“If you’re going on a cruise, you need to recognize the risk is higher. Dense socializing spaces, as well as shared food and water systems, can accelerate the spread of diseases, while limited medical equipment and staffing make curbing infections harder, said Abraar...
IRDAI to intensify monitoring of insurance industry’s performance:Ajay Seth

IRDAI to intensify monitoring of insurance industry’s performance:Ajay Seth

by AIP Online Bureau | May 15, 2026 | Health, Indian News, Life, Non-Life, Regulation

Ajay Seth, chairman, IRDAI Seth highlighted that in non-life Insurance sector, persistent rise in complaints signals systemic service issues.Health and motor claims are key drivers, highlighting growing policyholder friction and the need for targeted corrective...
Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions

Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions

by AIP Online Bureau | May 15, 2026 | Indian News, Regulation, Risk Management

Sanjay Malhotra,Governor,Reserve Bank of India “The FSDC-SC reaffirmed its commitment to enhancing financial sector resiliencethrough inter-regulatory coordination; and keeping a close watch on emerging challenges, including those from heightened geopolitical...
89 killed as storm, rain batter UP

89 killed as storm, rain batter UP

by AIP Online Bureau | May 14, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News

Chief Minister Yogi Adityanath took cognisance of the loss of lives and damage caused by unseasonal rain, thunderstorms and lightning on Wednesday and directed officials to ensure relief reaches the affected families within 24 hours. LUCKNOW:At least 89 people were...
Willis launches integrated risk and insurance solution for carbon capture

Willis launches integrated risk and insurance solution for carbon capture

by AIP Online Bureau | May 13, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology

Charlotte Watts, Head of Energy and Mining in Asia, added, “Carbon Capture, Utilisation and Storage (CCUS) takes a strategically critical role in Asia’s decarbonisation pathway as well as its energy strategy. At Willis, we have developed a proprietary CCS...
HDFC Life and Bajaj Life announce record bonus for FY26

HDFC Life and Bajaj Life announce record bonus for FY26

by AIP Online Bureau | May 13, 2026 | Indian News, Life, Wealth Management/ Philanthropy

HDFC Life, announced a bonus of ₹4,596 crore for Fy26.Bajaj Life Insurance declareds a bonus of Rs1939 crore for FY26 Mumbai:HDFC Life, one of India‟s has announced a bonus of Rs4,596 crore in the Company‟s board meeting held on 16th April, 2026, reinforcing its...
Bank account can’t be frozen in absence of FIR: Delhi HC

Bank account can’t be frozen in absence of FIR: Delhi HC

by AIP Online Bureau | May 13, 2026 | Indian News, Risk Management, Technology

Justice Purushaindra Kumar Kaurav, while dealing with a petition by an individual whose account in a private bank was frozen pursuant to a complaint from the Gujarat Cyber Crime Police in November 2024, stated that freezing a bank account without any justification...
IRDAI approves incorporation of Jio Allianz General Insurance

IRDAI approves incorporation of Jio Allianz General Insurance

by AIP Online Bureau | May 13, 2026 | Indian News, Non-Life

Jio Finance to invest an amount of Rs. 4.95 crores towards initial subscription of 49,50,000 equity shares of face value Rs. 10/-each for 50% stake Mumbai:After finalising joint venture agreement with Allianz Europe B.V (Allianz) to form a domestic general insurance...
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