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Surging travel insurance uptake among Indians:Niyo Data

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...
Passive Euthanasia: SC to meet parents of man in coma for over 12 yrs

Passive Euthanasia: SC to meet parents of man in coma for over 12 yrs

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...
Along with insurers,100% FDI to be allowed for Pension Fund players

Along with insurers,100% FDI to be allowed for Pension Fund players

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...
Lok Sabha passes SHANTI Bill to modernise, open up nuclear energy sector for private participation

Lok Sabha passes SHANTI Bill to modernise, open up nuclear energy sector for private participation

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...
SEBI announces major market reforms; slashes mutual fund and brokerage costs

SEBI announces major market reforms; slashes mutual fund and brokerage costs

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...
Capital infusion has helped 3 PSU general insurance cos to improve their business performance, says Sitharaman

Capital infusion has helped 3 PSU general insurance cos to improve their business performance, says Sitharaman

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...
UK specialist re/insurance broker BMS Group strikes strategic partnership with Berns Brett India

UK specialist re/insurance broker BMS Group strikes strategic partnership with Berns Brett India

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...
Cyber crimes surge over 60 pc in last three years: Centre

Cyber crimes surge over 60 pc in last three years: Centre

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,...
Insurance industry must adopt ‘1600’ calling series by Feb 15, 2026: TRAI

Insurance industry must adopt ‘1600’ calling series by Feb 15, 2026: TRAI

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...
Parliament passes Insurance Amendment Bill, 2025,paves the way for 100% FDI in insurance cos

Parliament passes Insurance Amendment Bill, 2025,paves the way for 100% FDI in insurance cos

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...
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