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by AIP Online Bureau | Nov 2, 2026 | Workplace/Employee Benefits

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by AIP Online Bureau | Nov 2, 2026 | Workplace/Employee Benefits

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Chouhan asks officials to draw up strategy on drought, cyclones, erratic rain

Chouhan asks officials to draw up strategy on drought, cyclones, erratic rain

by AIP Online Bureau | Nov 2, 2026 | Eco/Invest/Demography, Non-Life, Policy

Shivraj Singh Chouhan,Agriculture Minister “Formulate a concrete strategy in the best interest of farmers,” Chouhan directed the officials, emphasising that the government must approach the farmers’ crisis with the utmost sensitivity, ensuring that...
Pilots body seeks immediate safety review of commercial helicopter operators in Uttarakhand

Pilots body seeks immediate safety review of commercial helicopter operators in Uttarakhand

by AIP Online Bureau | Nov 2, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Urging the ministry to audit helipads and passenger movement arrangements, it asked it to ensure that operational clearances are supported by current weather information and an effective safety risk assessment. Mumbai: Federation of Indian Pilots (FIP) on Monday...
BoB ups cyber defences after attack, sees tech spend topping normal thresholds

BoB ups cyber defences after attack, sees tech spend topping normal thresholds

by AIP Online Bureau | Nov 1, 2026 | Banking & Bancassurance, Indian News, Technology

Debadatta Chand, MD&CEO, Bank of Baroda It is very difficult to estimate the exact jump in tech spending above normal thresholds at this point in time, its managing director and chief executive Debadatta Chand told PTI, adding that the July incident involving a...
Binance’s $6.3 Billion Hack: How Crypto insurance works

Binance’s $6.3 Billion Hack: How Crypto insurance works

by AIP Online Bureau | Oct 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology, Wealth Management/ Philanthropy

When a crypto exchange suffers a hack, losses can be covered through a combination of insurance payouts, the company’s own capital and emergency funds set aside to compensate customers. Hackers stole $6.3 billion from Binance in the world’s biggest crypto heist,...
Create a culture of addressing policyholder grievances proactively, Seth urges insurers

Create a culture of addressing policyholder grievances proactively, Seth urges insurers

by AIP Online Bureau | Oct 31, 2026 | Indian News, Life, Non-Life, Regulation

Ajay Seth, Chairman, IRDAI The Indian insurance industry has made significant progress in expanding coverage, but the number of unresolved grievances remains a concern. As on 31st March, 2026, approximately 2.21 lakh cases were pending before Consumer Commissions and...
Nat Cat claims pull GIC Re’s net profit down 14% to Rs 2456 cr in Q2FY27, Prm rises 17% to Rs 11,228 crore

Nat Cat claims pull GIC Re’s net profit down 14% to Rs 2456 cr in Q2FY27, Prm rises 17% to Rs 11,228 crore

by AIP Online Bureau | Oct 30, 2026 | Indian News, Life, Non-Life, Reinsurance

“At GIC Re, underwriting discipline remains our main anchor. We will continue to balance competitive positioning with prudent risk selection to support our cedants dependably. For our domestic portfolio, we maintain our commitment to market stability by ensuring...
New India focuses on underwriting, technology for profitable growth: CMD

New India focuses on underwriting, technology for profitable growth: CMD

by AIP Online Bureau | Oct 30, 2026 | Indian News, Non-Life

“Q2FY27 has been one of the most challenging quarters for the company in recent times, more so while succeeding another equally challenging one for the entire industry,” said Dr Lavanya R. Mundayur, CMD, New India Assurance. Mumbai: Dr Lavanya R. Mundayur, CMD, New...
Govt sets up high-level banking reform panel headed by former CVC Suresh N Patel

Govt sets up high-level banking reform panel headed by former CVC Suresh N Patel

by AIP Online Bureau | Oct 30, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Technology

Suresh N Patel, former Central Vigilance Commissioner Besides Patel as chairman, the panel will include RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru, and former RBI Deputy Governor N S Vishwanathan as members. New Delhi:...
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