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...
by AIP Online Bureau | Dec 17, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Adding to this, implementation of newly approved Labour Codes will tighten the social security net as well as preventive health care, at large, the report highlighted New Delhi: Average employee salaries in India are set for a median increase of 9 per cent in 2026, a...
by AIP Online Bureau | Dec 17, 2025 | Data, Eco/Invest/Demography
The report also highlighted that Millennials and Gen X in India are feeling more secure than Gen Z about their personal financial situation. With age and experience on their side, and accumulated assets and bank balance over the years, Millennials & Gen X seem to...
by AIP Online Bureau | Dec 17, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Balz Grollimund, Swiss Re’s Head Catastrophe Perils, says: “We are observing a steady rise in losses from severe convective storms. Urbanisation in hazard-prone areas, rising asset values, higher construction costs and factors such as ageing roofs have...
by AIP Online Bureau | Dec 16, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
It was pointed out that some 316 roads and 40 bridges under the purview of the Road Development Authority have been damaged. Colombo: Sri Lanka’s Road Development Authority has incurred a loss of nearly Rs 75 billion due to the destruction of roads and bridges...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Technology
The success of Ant Group Co., the operator of China’s ubiquitous financial services app Alipay, inspired Low to start Bjak in 2019. While insurance technology is well established in markets like the UK, it is at different stages of maturity across Asia, he said.Bjak...
by AIP Online Bureau | Dec 16, 2025 | International News, Risk Management
Trump, in his lawsuit filed on Monday in Miami federal court, said the BBC despite its apology “has made no showing of actual remorse for its wrongdoing nor meaningful institutional changes to prevent future journalistic abuses”. President Donald Trump sued the BBC...
