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Public-private insurance programmes must boost risk reduction to keep disasters insurable:Geneva Association

Public-private insurance programmes must boost risk reduction to keep disasters insurable:Geneva Association

by AIP Online Bureau | Feb 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Jad Ariss, managing director of the Geneva Association, said, “Public-private insurance programmes can’t just be passive shock absorbers that pay out after disaster strikes. To remain viable in a world of escalating risks, they must become resilience engines –...
General Insurers’ total Jan premium rises 15% to Rs 33,346 crore

General Insurers’ total Jan premium rises 15% to Rs 33,346 crore

by AIP Online Bureau | Feb 8, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

With another two months, February and March, to go before the current fiscal, FY 26, comes to an end  , the industry’s total premium has already exceeded Rs 2.83 trillion till January whereas in FY 25,the industry’s total premium was over Rs 3.07 trillion Mumbai:Post...
India expected to see surge in Parkinson’s disease, becoming 2nd-highest in 5 yrs

India expected to see surge in Parkinson’s disease, becoming 2nd-highest in 5 yrs

by AIP Online Bureau | Feb 8, 2026 | Eco/Invest/Demography, Health, Indian News

With a prevalence rate of 15-43 per 100,000, India is experiencing a surge, with cases projected to increase significantly by 2030. A significant portion (40-45%) of Indian cases are early-onset, occurring between ages 22 and 49, with an average onset age of roughly...

Cybersecurity breaches emerge as top risk for India Inc: FICCI-EY Survey

by AIP Online Bureau | Feb 8, 2026 | Data, Eco/Invest/Demography, Non-Life, Risk Management, Technology

“Organisations are navigating a phase where multiple risks are converging rather than occurring in isolation. Inflation, cyber threats, AI governance, climate exposure and regulatory change are interacting in ways that directly influence India Inc’s performance...
Shipbuilding, highways, metro projects to be key focus sectors for FY27 capex: Official

Shipbuilding, highways, metro projects to be key focus sectors for FY27 capex: Official

by AIP Online Bureau | Feb 8, 2026 | Workplace/Employee Benefits

“Shipbuilding has become an infrastructure sector, and will also now be a big player. We are very keen to improve our share in shipbuilding (globally). Of India’s import-export cargo, just about 5 per cent goes on India-owned ships. About Rs 6 lakh crore...
Govt to constitute high-level panel on banking soon: FM

Govt to constitute high-level panel on banking soon: FM

by AIP Online Bureau | Feb 8, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Finance Minister “I propose setting up a ‘High Level Committee on Banking for Viksit Bharat’ to comprehensively review the sector and align it with India’s next phase of growth, while safeguarding financial stability,...
GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %

GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %

by AIP Online Bureau | Feb 7, 2026 | Indian News, Life, Non-Life, Reinsurance

Hitesh Joshi, acting CMD, GIC Re. said,“`Our strategy is focused on leveraging our risk selection capabilities to drive profitable, high-quality growth. Going forward, the Indian general insurance (non-life) sector is expected to grow at more than 8 per cent in...
EU needs regulations to manage growing security risks posed by Chinese intelligent vehicles

EU needs regulations to manage growing security risks posed by Chinese intelligent vehicles

by AIP Online Bureau | Feb 6, 2026 | International News, Policy, Regulation, Risk Management, Technology

Intelligent cars, typically electric or hybrid vehicles, allow for expansive data to be collected including geospatial and personal data, Warsaw-based Center for Eastern Studies said. That leaves European countries vulnerable to cyberattack and exposed to the risk...
South Korean insurance majors eye Indian market

South Korean insurance majors eye Indian market

by AIP Online Bureau | Feb 6, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation

Samsung and Hyundai Marine & Fire are interested in potentially entering the non‑life insurance sector, the first source said, while Mirae Asset Financial Group is focusing on life insurance. Mumbai:After Korean Re, South Korean firms Samsung Fire & Marine...
Bajaj Life Insurance to apply for Pension Fund Manager and GIFT City licences

Bajaj Life Insurance to apply for Pension Fund Manager and GIFT City licences

by AIP Online Bureau | Feb 6, 2026 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Regulation, Wealth Management/ Philanthropy

Tarun Chugh, MD & CEO, Bajaj Life Insurance, said, “The Board’s approval for seeking approvals from PFRDA, IFSCA and IRDAI is a pivotal step as there is a pressing need for dedicated pension solutions in India, and a PFM company will allow us to offer a complete...
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