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Sebi accuses executives at EY, PwC of insider trading, notice shows

Sebi accuses executives at EY, PwC of insider trading, notice shows

by AIP Online Bureau | Jan 23, 2026 | Indian News, Regulation, Risk Management

Sebi’s notice showed India executives of Carlyle, Advent, PwC, and EY shared unpublished price sensitive information, enabling others to trade on the information. It also accused a ​former Yes Bank board member of sharing price sensitive information enabling...
Govt approves wage and pension revision for PSU general insurance industry

Govt approves wage and pension revision for PSU general insurance industry

by AIP Online Bureau | Jan 23, 2026 | Indian News, Non-Life, Policy

The wage revision for the employees of PSGICs will be effective from 01.08.2022. The overall hike in wage bill shall be 12.41% with an increase of 14% on existing Basic pay and Dearness allowance. A total of 43,247 PSGIC employees will benefit from this revision. The...
AIG and CVC strike $3.5B strategic partnership

AIG and CVC strike $3.5B strategic partnership

by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life

The strategic partnership includes the establishment of large-scale separately managed accounts (“SMAs”) across CVC’s credit strategies, and the launch of CVC’s private equity secondaries evergreen platform with AIG as a cornerstone investor American International...
Beazley rejects Zurich’s take over offer

Beazley rejects Zurich’s take over offer

by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“If it makes sense for our shareholders to do a transaction, then we’ll do a transaction,” Beazley Chief Executive Officer Adrian Cox said in an interview. “It just needs to be a Premier League price for a Premier League company.” London:Beazley Plc has rejected...
Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

by AIP Online Bureau | Jan 22, 2026 | Indian News, Non-Life, Reinsurance

The reversal is especially stark because Air India had been edging back toward profitability before the June Dreamliner crash — which killed more than 240 people — undid years of progress. The founders had targeted operational break-even this fiscal year, but...
Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities

Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities

by AIP Online Bureau | Jan 21, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

Perspectives were also shared by financial institutions and insurers including the State Bank of India, New India Assurance and Bajaj Allianz, covering risk assessment frameworks, exposure considerations, bank guarantee structures and emerging risk-mitigation...
NITI Aayog suggests setting up of national agency to implement green transition for MSMEs

NITI Aayog suggests setting up of national agency to implement green transition for MSMEs

by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The NPMA should identify interested MSME clusters and industrial associations by floating an expression of interest (EoI) that details the cluster selection process for the implementation of identified solutions,” the report said, adding that MSME clusters can...
SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore enhances the likelihood of successful completion for ecological restoration projects and provides greater project confidence. By partnering with AXA, we can scale our impact and help address one of the...
Korean Re launches operations in India’s GIFT City

Korean Re launches operations in India’s GIFT City

by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

JG Won, President & CEO, Korean Re, announcing the launch of company’s operations in India’s GIFT City in Mumbai on Tuesday “We will officially commence operations in GIFT City from April 2026. India is a high growth and long term market for us....
Severe convective storms: Costliest insured global peril in 21st century, says Aon Report

Severe convective storms: Costliest insured global peril in 21st century, says Aon Report

by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“This year’s report highlights the growing need for collaboration among organizations, insurers, governments and communities.The insurance industry is well-positioned to act as a strategic partner to help navigate these challenges, bringing record levels...
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