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Govt yet to take a finall call on stopping import of Russian oil

Govt yet to take a finall call on stopping import of Russian oil

by AIP Online Bureau | Feb 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

India’s Directorate General of Shipping has until Friday to extend the approvals of four Russian insurers, its website shows. Four other Russian ones don’t need to renew their approvals until 2029 and 2030. The Indian government must decide in the next few days...
Verisk downplays AI disruption fears as quarterly profit beats estimates

Verisk downplays AI disruption fears as quarterly profit beats estimates

by AIP Online Bureau | Feb 19, 2026 | Workplace/Employee Benefits

“High-quality data is critical for accuracy and effectiveness, and Verisk is in a unique position as one of very few providers who currently aggregate data from multiple sources,”Verisk CEO Lee Shavel said Verisk’s fourth-quarter profit topped Wall Street expectations...
Environmental groups challenge decision to revoke basis of climate regulations

Environmental groups challenge decision to revoke basis of climate regulations

by AIP Online Bureau | Feb 19, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

US President Donld Trump has said he believes climate change is a hoax, and has withdrawn the United States from the Paris Agreement, leaving the world’s largest historic contributor to global warming out of international efforts to combat it in addition to killing...
AI:ERGO aims to cut about 1,000 positions in Germany

AI:ERGO aims to cut about 1,000 positions in Germany

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Technology

The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesman said on Tuesday. They will take place over five years through the end of 2030, with ERGO saying there will be no forced redundancies during this time. Munich Re’s primary...
New GIC Re CMD to be selected by FSIB on Feb 24

New GIC Re CMD to be selected by FSIB on Feb 24

by AIP Online Bureau | Feb 18, 2026 | Indian News, Regulation, Reinsurance

A few names including Ashok Lahoty,appointed actuary of state owned National Insurance Company along with three senior most officials of GIC Re,Hitesh Joshi, executive director and acting CMD,Jayshree Bala,ED GIC Re and V Balkrishna, general manager along with others...
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