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SC mulls pan-India guidelines to prevent road accidents on expressways, NHs

SC mulls pan-India guidelines to prevent road accidents on expressways, NHs

by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

A bench of Justices J K Maheswari and Vijay Bishnoi flagged the construction of illegal “dhabas” on both sides of national highways and expressways as a possible cause of road accidents and asked Solicitor General Tushar Mehta, who appeared in the matter...
Insurance Amendment Bill, 2025:IRDA members’ retirement age raised from 62 to 65

Insurance Amendment Bill, 2025:IRDA members’ retirement age raised from 62 to 65

by AIP Online Bureau | Dec 15, 2025 | Indian News, Life, Non-Life, Policy, Regulation

Despite the Bill to hike FDI in the insurance sector to 100 per cent, one of the top officials — Chairman, Managing Director, or CEO — must be an Indian citizen.It also paves the way for the merger of a non-insurance company with an insurance company. New Delhi: The...
Govt sets up a merger cell for due diligence of merger among 3 PSU general insurers

Govt sets up a merger cell for due diligence of merger among 3 PSU general insurers

by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Non-Life

Any possibility of three companies- NIC, OIC and UII – getting merged with New India Assurance(NIA), the country’s largest general insurance company, is ruled out as latter has opposed it tooth and nail New Delhi: Beginning its home work on the issue of...

IndusInd General announces strategic partnership with Citroën

by AIP Online Bureau | Dec 14, 2025 | Briefs, Non-Life, Technology

IndusInd General Insurance (formerly known as Reliance General Insurance) announced a strategic partnership with Citroën for providing comprehensive coverage to Citroën customers. Apart from cashless claim settlements and minimal paperwork, Citroën customers can...

ICICI Lombard General Insurance ties up with Vastu Housing Finance

by AIP Online Bureau | Dec 14, 2025 | Briefs, Non-Life

ICICI Lombard General Insurance and Vastu Housing Finance, one of India’s tech-enabled Housing Finance companies, have entered into a partnership. It aims to provide Vastu’s customers across 17 Indian states and 340 districts with a suite of comprehensive and...

FPIs withdraw Rs 17,955 cr from Indian equities in Dec; total outflow at Rs 1.6 lakh cr in 2025

by AIP Online Bureau | Dec 14, 2025 | Data, Disaster & Management, Wealth Management/ Philanthropy

Over the last 12 months, the Indian primary markets have seen FII net inflows to the tune of Rs 823 billion ($9.5 billion) while secondary markets have seen FII net outflows of Rs 2,144 billion ($24.5 billion), according to a note by JM Financial. New Delhi:Foreign...
Parl Panel for diversification of crude sources to cut geopolitical risks

Parl Panel for diversification of crude sources to cut geopolitical risks

by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Risk Management

n its report tabled in Parliament last week, the Public Undertaking Committee noted that India imports nearly 89 per cent of its crude oil requirements, making the country vulnerable to global disruptions arising from conflicts, sanctions, civil unrest in...
Rising GPS interference incidents a concern: Global airlines grouping IATA

Rising GPS interference incidents a concern: Global airlines grouping IATA

by AIP Online Bureau | Dec 14, 2025 | International News, Risk Management, Technology

Global Positioning System (GPS)/ Global Navigation Satellite System (GNSS) spoofing and jamming refers to attempts to manipulate a user’s navigation system by giving false signals. GENEVA/ NEW DELHI: Increasing incidents of flights experiencing GPS spoofing and...
Apollo Global Management sees potential risks in US insurers moving to Cayman Islands

Apollo Global Management sees potential risks in US insurers moving to Cayman Islands

by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, International News, Regulation, Risk Management

Executives, regulators and experts have voiced concerns in recent months about the emerging risks among US life insurers as private equity expands its influence on the sector. In an October study, economists from the Bank for International Settlements attributed part...
Reddit sues Australia over social media ban, citing free speech threat

Reddit sues Australia over social media ban, citing free speech threat

by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

The San Francisco-based firm, which ranks Australia among its biggest markets, said in a High Court filing that the ban should be declared invalid because it interfered with free political communication implied by the country’s constitution. Message board website...
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