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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...
Chinese Insurer Ping An’s offshore unit reconsiders US exposure

Chinese Insurer Ping An’s offshore unit reconsiders US exposure

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Life, Non-Life

Ping An Overseas Holdings is building a portfolio of around $60 billion overseas, with some of that going to investment assets in the US, Tung said. “Now, we think about whether we should trim down a bit, even though the overall portfolio is still very small anyway.”...
Berkshire Hathaway to invest $1.8 Billion in Tokio Marine

Berkshire Hathaway to invest $1.8 Billion in Tokio Marine

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

The latest deal shows Berkshire is eager to win a slice of Japan’s thriving insurance business, an increasingly attractive market for foreign firms. KKR & Co., Apollo Global Management Inc. and other big international players have made moves to expand in the life...
Trump puts off threat for 5 days to bomb Iran power grid,Oil drops, Stocks recover

Trump puts off threat for 5 days to bomb Iran power grid,Oil drops, Stocks recover

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

U.S. President Donald Trump On Saturday, Trump had warned that Iranian power plants would be destroyed if Tehran failed to “fully open” the Strait of Hormuz to all shipping within 48 hours. Trump set a deadline of around 7:44 p.m. EDT (2344 GMT) on Monday. U.S....
No proposal under consideration on merger of PSU banks: MoS Finance

No proposal under consideration on merger of PSU banks: MoS Finance

by AIP Online Bureau | Mar 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The amalgamation of PSBs, as envisaged, has contributed to improving operational efficiency and financial soundness of banks through streamlining of operations and reduction in costs, thereby resulting in increasing consolidated business of banks, Minister of State...
Indian drugmakers flood market with cheaper versions of Novo’s Ozempic, Wegovy

Indian drugmakers flood market with cheaper versions of Novo’s Ozempic, Wegovy

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

Analysts expect more than 40 Indian drugmakers to launch over 50 cheaper variants.Large Indian drugmakers are racing to capture a share of the global obesity market, ​projected to be worth about $100 billion by the end of the decade. New Delhi:At least half a dozen...
Ayushman Bharat crosses 11.69 crore hospital admissions, 6.74 crore in private hospitals: Govt

Ayushman Bharat crosses 11.69 crore hospital admissions, 6.74 crore in private hospitals: Govt

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

Prataprao Jadhav,Minister of State for Health and Family Welfare “From 6,917 hospitals in 2018-19, the network has expanded to 36,229 hospitals as of February 28, 2026. This includes 19,483 public hospitals and 16,746 private hospitals, providing a wide healthcare...
Indian Non-Life Insurance Industry:On a growth trajectory

Indian Non-Life Insurance Industry:On a growth trajectory

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

The Indian Non-Life insurance industry continues to show maturity and resilience over the last 10 years despite facing many operational challenges, since the removal of tariffs. The industry players are well poised to take advantage of the favorable business climate...
2 pilots killed as Air Canada Express plane hits ground vehicle at New York’s LaGuardia airport, multiple injuries reported

2 pilots killed as Air Canada Express plane hits ground vehicle at New York’s LaGuardia airport, multiple injuries reported

by AIP Online Bureau | Mar 23, 2026 | International News, Non-Life, Reinsurance

Early reports from emergency responders indicate multiple injuries, with some patients described as being in critical condition,Unverified footage on social media showed damage to the nose of the plane New York:The pilot and the co-pilot were killed as an Air Canada...
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