by AIP Online Bureau | Feb 24, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance, Risk Management
“The United States has more than 40 fellow actuaries per million people and the United Kingdom more than 250, while India has fewer than one per million. Compounding this, IAI’s(Institute of Actuaries) total membership has fallen from around 12,000 in 2011...
by AIP Online Bureau | Feb 23, 2026 | Indian News, Non-Life, Risk Management, Technology
The DGCA in a statement said, “On 23.02.2026 Redbird Airways Pvt Ltd Beechcraft C90 aircraft VT-AJV operating medical evacuation (Air Ambulance) flight on sector Ranchi-Delhi crashed in Kasaria Panchayat of Chatra district, in Jharkhand.” RANCHI: An air...
by AIP Online Bureau | Feb 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Dimaggio Rigby, Head of Cyber at UIB, added,“The cyber landscape is evolving at pace, and clients increasingly expect brokers to provide clear, quantitative insights. With CyberCube’s platform, we can enhance the sophistication of our analytics, improve the clarity of...
by AIP Online Bureau | Feb 23, 2026 | Indian News, Life
Suresh Agarwal, MD & CEO designate of proposed life insurance joint venture between Mahindra & Mahindra and Manulife Suresh has nearly 30 years of experience in life and general insurance, corporate, and retail lending. He has spent significant part of his...
by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Pension & Social Security, Policy
“India is going through a period of rapid economic growth and expansion of social security architecture. As India advances towards the vision of Vikasit Bharat 2047, it is important that our efforts remain aligned to widen and reinforce the safety nets available...
by AIP Online Bureau | Feb 22, 2026 | Indian News, Non-Life, Reinsurance
The officials who have been shortlisted after due delligence for the Tuesday interview are — three senior most senior officials of GIC Re-Hitesh Joshi, executive director(ED) and acting CMD,Jayshree Bala, ED, V Balkrishna, general manager and two other private...
by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology
“Believe me, in the next five to seven years time, expenses for the healthcare services can be paid through adequate insurance coverage and other financial mechanisms including Health Savings Accounts. Health savings account is nothing but a zero balance account...
by AIP Online Bureau | Feb 22, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Girija Subramanian, CMD, NIA, explained that while seamless digital services might work for educated customers in major cities, a “human value chain” is still required to sell products in Tier 2 and Tier 3 cities, as well as rural areas. The goal is to...
by AIP Online Bureau | Feb 21, 2026 | Health, Indian News, Pension & Social Security, Regulation
Sivasubramanian Ramann , chairman, PFRDA Comparing the NPS SEP scheme with Aayushman Bharat, Ramann added, “Ayushman Bharat is the biggest (experiment), and I think the boldest experiment and scheme. It’s no longer an experiment. It’s a full-fledged...
by AIP Online Bureau | Feb 21, 2026 | Indian News, Non-Life, Reinsurance
Yogi Adityanath, Chief Minister,Uttar Pradesh Addressing a programme for the distribution of assistance under the Pradhan Mantri Fasal Bima Yojana and the Mukhyamantri Krishak Durghatna Kalyan Yojana, the chief minister said that farmers who insure their crops are...