by AIP Online Bureau | Jun 4, 2026 | International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits
“While mature markets benefit from broader claims experience and greater transparency, limited loss data in less mature markets should not be mistaken for lower malicious or non-malicious exposure.These markets require even stronger underwriting discipline and careful...
by AIP Online Bureau | Jun 4, 2026 | Eco/Invest/Demography, Indian News, Life, Regulation
Capital markets regulator SEBI on Wednesday barred Rajesh Exports Ltd’s promoter and CEO Rajesh Mehta from dealing in the company’s securities, alleging large-scale misrepresentation of financial statements and diversion of funds. New Delhi: The Congress...
by AIP Online Bureau | Jun 4, 2026 | Briefs, Life
Kotak Mahindra Life Insurance has appointed Amit Palta, from ICICI Prudential Life Insurance,as deputy managing director – designate, subject to regulatory approval.With a career spanning 30 years in the financial services industry, Amit brings deep expertise in...
by AIP Online Bureau | Jun 4, 2026 | Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits
This appointment represents a key milestone in Mapfre Re’s Asia-Pacific strategy and supports the company’s ambition to build a strong local presence, enhancing proximity to clients and brokers in the region GIFT City: Spanish major Mapfre Re has appointed Chaturbhuj...
by AIP Online Bureau | Jun 4, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Workplace/Employee Benefits
“Private equity firms recognise that capital alone cannot unlock this market; what converts opportunity into enterprise is the credibility that only seasoned operators can provide. A veteran CEO carries, in effect, a ready-assembled portfolio of regulator...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Risk Management
Overall, the global insurance market is expected to grow at an annual rate of +5.3% over the next ten years, slightly above economic output. Munich:The global insurance market is expected to continue shifting eastward over the next decade, with India and China gaining...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Despite ranking among the world’s ten largest insurance markets, India remains significantly underinsured, with insurance penetration of 3.8 per cent of GDP, a report by Allianz said, adding that with only about 46 per cent of the working-age population...
by AIP Online Bureau | Jun 3, 2026 | Disaster & Management, Eco/Invest/Demography, International News
The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years, as a combination of climate change, urbanization and inflation mean disasters are getting more costly when they hit. In North America, the gap between insured and...
by AIP Online Bureau | Jun 3, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance, Technology
“India continues to play a critical role in our global operations, and this investment reflects our long-term commitment to growing our capabilities here. By expanding our presence with a modern, highly collaborative environment, we are strengthening connectivity,...
by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Shivraj Singh Chouhan,Union Minister for Agriculture and Farmers’ Welfare, and Rural Development, directed that in those states and districts where the possibility of low rainfall, long dry spells or relatively higher impact of El Niño exists, special monitoring,...
