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India drug regulator tightens surveillance against unauthorised weight-loss drug sales

India drug regulator tightens surveillance against unauthorised weight-loss drug sales

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation

At least half a dozen Indian drugmakers, including Dr Reddy’s, Zydus and Sun Pharma, launched multiple brands of the ​blockbuster diabetes and weight-loss drugs, up to 70% cheaper than ​Novo Nordisk’s drugs in some cases, after the patent ⁠for semaglutide...
Stock markets’ two-day rally adds Rs 15.80 lakh cr to investors’ wealth

Stock markets’ two-day rally adds Rs 15.80 lakh cr to investors’ wealth

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Indian equities extended their recovery for the second consecutive session, supported by improving global cues and emerging hopes of a potential de-escalation in the ongoing US-Iran conflict,” Siddhartha Khemka – Head of Research, Wealth Management,...
Foreign ships from friendly countries allowed in Strait of Hormuz, says Iran

Foreign ships from friendly countries allowed in Strait of Hormuz, says Iran

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Iran has started charging transit fees on some commercial vessels passing the Strait of Hormuz, people familiar with the matter have said, the latest sign of its control over the world’s most important maritime energy route. The war in the West Asia has all-but...
Soft Market:Air India renews its $20 billion cover with just 10% hike despite $475 million claims from Ahemedabad crash

Soft Market:Air India renews its $20 billion cover with just 10% hike despite $475 million claims from Ahemedabad crash

by AIP Online Bureau | Mar 25, 2026 | Breaking News!, Indian News, Non-Life, Reinsurance

London market sources said AI’s premium has just risen by around 10 per cent over the last last year premium when it had paid $30 million covering $20 billion of assets and liabilities for around 300 aircraft. London/Mumbai:Post the Ahemedabad crash, Tata owned...
Markel expands its APAC W&I business, makes new appointments in Hong Kong and India

Markel expands its APAC W&I business, makes new appointments in Hong Kong and India

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Kevin Leung, Chief Underwriting Officer, Asia-Pacific, said: “Expanding our W&I capabilities across Asia Pacific is a natural progression, as demand for highly technical transactional risk solutions increases. Establishing dedicated underwriting presence in Hong...
Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Two of Lloyd’s Syndicates, Syndicate 2047 set up by Bobby Swarup’ Niyam Group and Syndicate 2454, belonging to Africa Specialty Risks(ASR), have already announced their decisions to be part Lloyd’s platform in the GIFT-IFSC. GIFT...
NHRC notice to IRDAI over specially-abled children’s kin facing difficulty in getting life insurance

NHRC notice to IRDAI over specially-abled children’s kin facing difficulty in getting life insurance

by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, Indian News, Life, Policy

Taking cognisance of the complaint, the bench of the Commission headed by Priyank Kanoongo has issued a notice to Insurance Regulatory and Development Authority of India (IRDAI), directing it to take appropriate action in this matter and submit a response to the...
Victor Kuk to succeed Franz-Josef Hahn as Peak Re’s new CEO

Victor Kuk to succeed Franz-Josef Hahn as Peak Re’s new CEO

by AIP Online Bureau | Mar 24, 2026 | International News, Non-Life, Reinsurance

Victor Kuk, CEO, designate, Peak Re Kuk, who will be taking over from Apr 20, is currently based in Singapore and handles markets like India, Korea, Hong Kong and Taiwan, for Swiss Re. Hong Kong:Victor Kuk, Swiss Re’s Head of Client Markets for P&C...
Govt advertises for New India’s CMD post, pvt sector candidates can apply

Govt advertises for New India’s CMD post, pvt sector candidates can apply

by AIP Online Bureau | Mar 24, 2026 | Indian News, Non-Life, Policy

The post will fall vacant as Girija Subramanian, CMD, NIA, will be retiring on July 31.Both eligible PSU and private sector candidates can apply. Last date for applying is Apr 21 New Delhi:After filling up the post of CMD at GIC Re, the FSIB has invited applications...
West Asia Crisis:Govt now says yes to IFSCA’s plan to set up a P&I Club and Captives

West Asia Crisis:Govt now says yes to IFSCA’s plan to set up a P&I Club and Captives

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance

The Department of Financial Services(DFS) last week has written to the IFSCA to go ahead with earlier plans to develop P&I Club and Captives in its jurisdiction after eruption the West Asian geopolitical crisis completely disrupting shipping and supply of oil and...
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