by AIP Online Bureau | Jun 8, 2026 | International News, Non-Life, Reinsurance
The Madagascar-flagged MT Marivex reported a fire around 1.30 pm IST, Opesh Kumar Sharma, a director in India’s Ministry of Ports, Shipping and Waterways, said at a news briefing. New Delhi: A fire was reported aboard an oil tanker carrying 24 Indian seafarers off the...
by AIP Online Bureau | Jun 8, 2026 | International News, Non-Life, Reinsurance, Risk Management, Technology
“The findings highlight a continued shift towards risks that are systemic, interconnected and often originate outside the aviation sector itself. Geopolitical instability, claims inflation, cyber threats and supply chain disruption all have the potential to...
by AIP Online Bureau | Jun 8, 2026 | Indian News, Technology
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life’s data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience,...
by AIP Online Bureau | Jun 8, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
It was the strongest quake to strike the Philippines this year, and was was centered at sea off Mindanao, the second most populous island in the Philippines. According to Bacolcol, the quake occurred at a depth of 33 kilometers (20 miles), about 32 kilometers (20...
by AIP Online Bureau | Jun 7, 2026 | Workplace/Employee Benefits
Budget carriers have been among the hardest hit, lacking higher margin revenue streams such as premium cabins, high-paying travelers and credit card loyalty programs. The strain is already showing: U.S. budget airline Spirit Airlines collapsed last month, and it will...
