by AIP Online Bureau | Jan 7, 2026 | Briefs, Policy, Reinsurance
The government has extended the appointment of Hitesh Ramesh Chandra Joshi, executive director, GIC Re, as acting CMD of the state owned reinsurer for a further period of three months or until a regular CMD is appointed, or until further order, whichever is earliest,...
by AIP Online Bureau | Jan 7, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“CY25 clearly reinforces that India’s electrification journey is no longer a pilot; it is scaling, segment by segment. On the strength of robust ground-level adoption, electric two-wheelers retailed around 12.80 lakh retails (+11.36 per cent YoY) with an...
by AIP Online Bureau | Jan 7, 2026 | Intermediaries, International News, Non-Life
During his time as President of Aon from 2020 through 2025, Andersen led global programs that achieved gains in operational efficiency, improved performance for clients and the firm, increased shareholder returns and grew market value from $35 billion to $85 billion....
by AIP Online Bureau | Jan 7, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
A sharp rise in ITR-3 and ITR-2 filings shows that more people are earning from business, trading, and investments — indicating a move away from single-income careers toward diversified income streams. New Delhi: India’s high-income salaried class is growing at...
by AIP Online Bureau | Jan 7, 2026 | Workplace/Employee Benefits
About 56 per cent of consumers now view jewellery as both an investment and a fashion accessory, while 28 per cent purchase jewellery purely as an investment,according to a Deloitte India report. New Delhi: About 86 per cent of Indian consumers now consider gold and...
by AIP Online Bureau | Jan 7, 2026 | Eco/Invest/Demography, Life, Non-Life, Wealth Management/ Philanthropy
Insurance companies and domestic pension funds also saw their equity assets rising with the former witnessing a 12.6 per cent surge to Rs 26.81 lakh crore and latter posting 66 per cent jump to Rs 4.38 lakh crore. Collectively they bought more than Rs 1.4 lakh crore...
by AIP Online Bureau | Jan 7, 2026 | Workplace/Employee Benefits
Sanjay Garg, Director General, BIS noted that Indian Standards today extend far beyond traditional sectors and now cover renewable energy, electric mobility, smart infrastructure, digital technologies, sustainability, green products, as well as emerging areas such as...
by AIP Online Bureau | Jan 7, 2026 | Data, Eco/Invest/Demography, Non-Life
The rural passenger vehicle sales grew 12 per cent during the year, compared with an 8 per cent rise in urban areas.Total passenger vehicle sales climbed to 4.47 million units in 2025, up from 4.1 million units in 2024, the data said. The data also pointed to a clear...
by AIP Online Bureau | Jan 6, 2026 | Data, Eco/Invest/Demography, Non-Life
Passenger vehicle (PV) retail sales stood at 44,75,309 units in 2025 as against 40,79,532 units in 2024, a growth of 9.7 per cent, Federation of Automobile Dealers Associations (FADA) said in a statement New Delhi: Retail sales of vehicles across categories in India...
by AIP Online Bureau | Jan 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Asia-focused ILS vehicle exceeds $100m milestone as insurer signals further expansion.Since launching in 2021, Phoenix Re has grown steadily, supported by consistent investment performance and rising investor appetite for accessing Asia’s diverse catastrophe risks....
