by AIP Online Bureau | Dec 18, 2025 | Data, Eco/Invest/Demography, Non-Life, Reinsurance
Asian countries such as Thailand, UAE, Indonesia, and Vietnam continue to drive the highest volume of policies, primarily due to high travel frequency and affordable flight routes. Niyo, a global travel banking fintech, reported a jump in travel insurance adoption...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Health, Indian News
A bench of Justices J B Pardiwala and K V Viswanathan perused a report containing Harish Rana’s medical history filed by a secondary medical board of doctors from the All India Institute of Medical Sciences (AIIMS) and remarked “It is a very sad report. We...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Regulation
The measure for Indian insurers is an “enabler” that will help draw interest from global investors in the pension fund sector over time, said Sivasubramanian Ramann, chairman of the Pension Fund Regulatory and Development Authority New Delhi: India’s move to lift...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Risk Management
The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the Central Government...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
A major reform announced by the Board relates to mutual fund expenses. The market regulator approved a comprehensive overhaul of the Mutual Fund Expense Ratio framework, including a reduction in base expense ratio limits across categories Mumbai:The Securities and...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life
“The capital infusion was meant to build their business and strengthen them. So as a result of these, the performance of all these companies has started improving and their losses have come down. In fact, two of the three companies in which capital was infused...
by AIP Online Bureau | Dec 17, 2025 | International News, Non-Life, Reinsurance
Subject to Regulatory approval, Berns Brett India will be rebranded BMS (India) Ltd. Nick Gillett, CEO of BMS International, commented,“BMS’s regional investments from Turkey to India show the focus we are giving to these exciting areas of growth and our belief in...
by AIP Online Bureau | Dec 17, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management, Technology
Minister of State (MoS) for Home Affairs Bandi Sanjay Kumar said that more than Rs 7,130 crore has been saved since 2021 through timely reporting on the Citizen Financial Cyber Fraud Reporting and Management System, covering over 23.02 lakh complaints. Additionally,...
by AIP Online Bureau | Dec 17, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
TRAI’s direction requires IRDAI‑regulated firms to use 1600‑series numbers for service and transactional calls to enhance consumer trust, curb spam and prevent voice‑call fraud, an official statement said. New Delhi: The Telecom Regulatory Authority of India...
by AIP Online Bureau | Dec 17, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
Nirmala Sitharaman,Finance Minister The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha Finance Minister Nirmala Sitharaman cited data saying jobs in the...