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...
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...
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...
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...
by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Under the new framework, banks will be assessed using financial and supervisory indicators such as capital strength, asset quality, earnings and liquidity, as well as the potential loss their failure could impose on the deposit insurance fund, the RBI said. Mumbai:...
by AIP Online Bureau | Feb 6, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“If the law is capable of recognising anticipated economic progression as a valid loss, it is not too clear why emotional deprivation manifested in loss of love and affection must be viewed as an impermissible head, especially when Chapter XII of the Act (Motor...
by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
“As long as (the customers) are defrauded whether on their own accord or anyone else’s accord, no questions asked… we will compensate them as long as it is unintended,”Reserve Bank Governor Sanjay Malhotra MUMBAI: Amid growing digital fraud, the...
by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
“The policy rates will continue to be at low levels for a long period of time (and) they will go down even further,” Malhotra said in a post-monetary press conference. Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the key policy rates will...
by AIP Online Bureau | Feb 5, 2026 | Indian News, Policy
Parshant K Goyal DFS, headed by secretary M Nagaraju currently doesn’t have an additional secretary nor a joint secretary in its insurance division. Nagaraju is scheduled to retire on May 30, 2026 New Delhi: In a key level change in the central government, Parshant K...
by AIP Online Bureau | Feb 5, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The vehicle functions through an integrated system powered by artificial intelligence, advanced sensing technologies, and autonomous decision-making systems. The system ensures safe and seamless mobility within a real urban environment and on roads open to live...
