The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a new framework for regulation-making that incorporates public consultations to improve transparency, efficiency, and governance in the insurance sector.…
Recent data indicates a shift in travel insurance claims trends, with flight delays, cancellations, and baggage issues now accounting for the majority of claims. Policyholders are increasingly seeking coverage for…
Wipro has increased its stake in Aggne, a company specializing in artificial intelligence solutions for the insurance industry, to strengthen its capabilities in AI-driven digital transformation. The move is part…
The Insurance Regulatory and Development Authority of India (IRDAI) has released a consultation paper proposing changes to the insurance regulation-making process. The initiative aims to enhance transparency, efficiency, and stakeholder…
Silicon Valley Bank (SVB) has entered a strategic collaboration with Corgi Insurance to provide fast, AI‑enabled digital insurance solutions tailored for startups and high‑growth companies. The partnership aims to simplify…
Indian marine insurers are urging regulators and industry stakeholders to maintain the marine war risk insurance pool even after the recent ceasefire in conflict-affected regions. They argue that geopolitical uncertainties…
AI, Climate and Analytics Shape Credit Risk in 2026 Credit risk management is evolving rapidly as banks and financial institutions adjust to new economic conditions, regulatory requirements, and technological advancements.…
Indian-American arrested over $100 million bank fraud using manipulated insurance titles A 44-year-old Indian-American man has been arrested in California for allegedly defrauding a bank of nearly USD 100 million…
NBFCs can distribute insurance without RBI approval The Reserve Bank of India (RBI) has allowed non-banking financial companies (NBFCs) to distribute insurance products without seeking prior approval from the central…
India launches first guided-missile cancer therapy Novartis has introduced India's first radioligand therapy for advanced prostate cancer, marking a significant step in precision oncology. The therapy, Pluvicto (lutetium/Lu-177 vipivotide tetraxetan),…