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AI investment to cushion global insurance slowdown amid geopolitical turmoil: Swiss Re

AI investment to cushion global insurance slowdown amid geopolitical turmoil: Swiss Re

by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance

Jérôme Haegeli, Swiss Re’s Group Chief Economist, said,”The latest Middle East conflict is not a one-off shock but another sign that geopolitical risk has become a structural feature of the global economy with four supply shocks in six years. As economies...
Attack on Qatari LNG vessel in Hormuz challenges US mediation

Attack on Qatari LNG vessel in Hormuz challenges US mediation

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Three separate attacks on ships would mark the highest number since the US and Iran signed an interim peace deal last month, underscoring the continued risks to ships crossing through Hormuz. Tehran has repeatedly said it won’t allow vessels to transit the waterway...
Banks’ exposure to heat-related losses faces scrutiny in EU

Banks’ exposure to heat-related losses faces scrutiny in EU

by AIP Online Bureau | Jul 7, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation

Heat-related damage tends to be less straightforward to measure than losses caused by floods and wildfires, the EBA said. For now, the next stress test measuring European bank resilience will focus on flood risk. The process, which extends into 2027, will be handled...
Financial services AI dangers highlighted by regulator’s review

Financial services AI dangers highlighted by regulator’s review

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Regulation, Technology

Regulators globally have begun to focus more keenly on the impact of AI, from cyber and operational risks associated with frontier AI models such as Anthropic’s Mythos to the challenges posed by the agentic systems capable of acting with limited human intervention....
AI’s biggest challenge is restoring trust in Indian insurance industry: PwC

AI’s biggest challenge is restoring trust in Indian insurance industry: PwC

by AIP Online Bureau | Jul 7, 2026 | Indian News, Life, Non-Life, Technology

L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC’s...
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