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Various Govt social security schemes enhance confidence among citizens, says PM Modi

Various Govt social security schemes enhance confidence among citizens, says PM Modi

by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Pension & Social Security, Policy

“India is going through a period of rapid economic growth and expansion of social security architecture. As India advances towards the vision of Vikasit Bharat 2047, it is important that our efforts remain aligned to widen and reinforce the safety nets available...
Govt shortlists 5 candidates for selecting a new GIC Re CMD

Govt shortlists 5 candidates for selecting a new GIC Re CMD

by AIP Online Bureau | Feb 22, 2026 | Indian News, Non-Life, Reinsurance

The officials who have been shortlisted after due delligence for the Tuesday interview are — three senior most senior officials of GIC Re-Hitesh Joshi, executive director(ED) and acting CMD,Jayshree Bala, ED, V Balkrishna, general manager and two other private...
India will be first country in the world making healthcare  quite affordable:Devi Shetty

India will be first country in the world making healthcare quite affordable:Devi Shetty

by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology

“Believe me, in the next five to seven years time, expenses for the healthcare services can be paid through adequate insurance coverage and other financial mechanisms including Health Savings Accounts. Health savings account is nothing but a zero balance account...
NIA CMD cautions on inadequate pricing for natural catastrophe perils

NIA CMD cautions on inadequate pricing for natural catastrophe perils

by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

Girija Subramanian, CMD, NIA, explained that while seamless digital services might work for educated customers in major cities, a “human value chain” is still required to sell products in Tier 2 and Tier 3 cities, as well as rural areas. The goal is to...
ICICI Pension Fund launches scheme with a health cover

ICICI Pension Fund launches scheme with a health cover

by AIP Online Bureau | Feb 21, 2026 | Health, Indian News, Pension & Social Security, Regulation

Sivasubramanian Ramann , chairman, PFRDA Comparing the NPS SEP scheme with Aayushman Bharat, Ramann added, “Ayushman Bharat is the biggest (experiment), and I think the boldest experiment and scheme. It’s no longer an experiment. It’s a full-fledged...
2.51 lakh UP farmers receive Rs 285 crore compensation: Adityanath

2.51 lakh UP farmers receive Rs 285 crore compensation: Adityanath

by AIP Online Bureau | Feb 21, 2026 | Indian News, Non-Life, Reinsurance

Yogi Adityanath, Chief Minister,Uttar Pradesh Addressing a programme for the distribution of assistance under the Pradhan Mantri Fasal Bima Yojana and the Mukhyamantri Krishak Durghatna Kalyan Yojana, the chief minister said that farmers who insure their crops are...
Govt assessing impact on financial entities if war breaks out in Middle East: DFS Secy

Govt assessing impact on financial entities if war breaks out in Middle East: DFS Secy

by AIP Online Bureau | Feb 20, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management

M Nagaraju,Secretary , Department of Financial Services In the remarks during a speech at the Indian Banks’ Association’s Annual General Meeting, Department of Financial Services Secretary M Nagaraju underscored how India has managed a slew of geopolitical...
Swiss Re to acquire QBE’s Global Trade Credit and Surety business

Swiss Re to acquire QBE’s Global Trade Credit and Surety business

by AIP Online Bureau | Feb 20, 2026 | International News, Non-Life, Reinsurance, Risk Management

Ivan Gonzalez, CEO of Swiss Re Corporate Solutions, said: “This acquisition marks an important milestone for Swiss Re Corporate Solutions. It allows us to expand our offering in this attractive segment by strengthening our global credit and surety platform with...
IAI to unveil its new Indian Mortality Table soon

IAI to unveil its new Indian Mortality Table soon

by AIP Online Bureau | Feb 19, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits

LtoR-Asha Murali, secretary, Institute of Actuaries of India(IAI), Preeti Chandrashekhar, president, IAI and Subhendu Bal, president, & chief risk officer, SBI Life Insurance, at a media event on Thursday to announce 25th edition of the Global Conference of...
South African re/insurer Santam launches its India operations, targets Rs100 cr premium in 2 yrs

South African re/insurer Santam launches its India operations, targets Rs100 cr premium in 2 yrs

by AIP Online Bureau | Feb 19, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Lto R- Gedion Labane, Consul General of South Africa in Mumbai, Charlise Cloete,Cluster, Market Head Reinsurance: Asia Pacific, Santam,Curt Mayer, Executive Head, Santam Specialist. Gareth Beaver, CEO, Santam Specialist Solutions, and Kush Padia, CEO, Santam Re &...
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