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Beazley launches a new Marine War consortium,to provide $1 billion of Lloyd’s capacity

Beazley launches a new Marine War consortium,to provide $1 billion of Lloyd’s capacity

by AIP Online Bureau | Apr 17, 2026 | International News, Non-Life, Reinsurance

Adrian Cox, CEO at Beazley, said,“I’m proud that the Marine market, in which we are a leader, continues to play a vital role in maintaining continuity of trade amidst ongoing conflict.” Patrick Tiernan, CEO at Lloyd’s, said,“I welcome the launch of this timely...
Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF

Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The report flagged several risks that could act as headwinds, including rising debt levels, societal polarisation, and the impact of climate change New Delhi:The global economy is expected to expand significantly over the next five years, with global GDP projected to...
Ayush treatments:All India Institute of Ayurveda and GI Council sign MOU for revamping claim settlement

Ayush treatments:All India Institute of Ayurveda and GI Council sign MOU for revamping claim settlement

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Lto R- P.K. Prajapati, director, All India Institute of Ayurveda, S Prakash, CEO, Health, GI Council, Vaidya Rajesh Kotecha,secretary, Ministry of Ayush,Prataprao Jadhav, Minister of State (Independent Charge), Ministry of Ayush,Bejon K. Misra, executive committee...
U.S. cyber insurance market bounces back,raises underwriting risk:Fitch

U.S. cyber insurance market bounces back,raises underwriting risk:Fitch

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, Non-Life, Regulation, Risk Management, Technology

While the market remains profitable, deteriorating incurred direct losses and the growing influence of artificial intelligence signal increasing underwriting complexity for property/casualty insurers, says Fitch Ratings. U.S. cyber insurance direct written premiums...
Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025

Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

In Asia, the upstream market also remains decisively buyer-friendly, underpinned by another year of benign loss experience and insurers’ view of Asia as a core growth region. The lack of major upstream energy losses through 2025 has reinforced the region’s status as...
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