by AIP Online Bureau | Feb 5, 2026 | Indian News, Life
R Doraiswamy, CEO & MD, LIC R Doraiswamy, CEO & MD, LIC said,““The consumers and the companies in the life insurance industry have responded positively to the various initiatives of the government, especially to GST 2.0. At LIC, we have further increased...
by AIP Online Bureau | Feb 5, 2026 | Non-Life, Reinsurance
In a competitive pricing environment, SCOR grows its P&C portfolio selectively, seizing profitable opportunities while maintaining a strong underwriting discipline. During the January 2026 P&C renewals, SCOR delivers EGPI1 growth of 4.7% for traditional...
by AIP Online Bureau | Feb 4, 2026 | Briefs, Eco/Invest/Demography
The government notified that Sabki Raksha (Amendment of Insurance Laws) Act, 2025 will be implemented from Feb 5 The entire new act will come into force except section 25, said the Department of Financial services.. Also Section 32A of the Act has been kept in...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
Property rates in India experienced decreases between 15% to 25%.Catastrophe-exposed and high-hazard sectors (chemical, food, waste, recycling) faced declines of up to 20% in India; insureds in other regions generally saw declines of 10% to 15%.Cyber insurance rates...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance
Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
“And insofar as presumptive tax cases, about 97 per cent of the taxpayers have moved to the new tax regime. For corporates, about 60 per cent of the income is now being reflected in the new tax regime,” CBDT Chairman Ravi Agrawal New Delhi:As many as 88...
by AIP Online Bureau | Feb 4, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
The watchdog also seeks to add more officers to its supervision division, with hiring skewed toward specialists in cybersecurity controls as digital risks multiply across the banking system, according to the people. The overhaul is still under consideration and...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
Jitin Prasada,Union Minister of State for Electronics and Information Technology The primary motivation for this purge is to close any loopholes that could enable the misuse of personal identities. According to the statement by the Ministry of Electronics & IT,...
by AIP Online Bureau | Feb 4, 2026 | Indian News, Regulation, Risk Management
More than 10.4 lakh passengers were affected by flight cancellations in December, with over 93 percent of the total passengers getting impacted by IndiGo cancellations New Delhi: India’s competition regulator, Competition Commission of India(CCI), has ordered an...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management, Technology
A draft “Policy framework and guidelines addressing State’s Liability towards third party damages arising due to Indian Space Objects”, is presently undergoing various consultations, which envisages, among others, the third-party liability insurance to be maintained...
