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Howden Re strengthens regional presence with Dubai license

Howden Re strengthens regional presence with Dubai license

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Intermediaries, International News

Howden Re’s expanded Dubai operations will build on its current broking services, with a focus on its treaty, facultative and MGA reinsurance offering and reinforcing its regional growth strategy. London: Howden Re, the global reinsurance, capital markets, and...
Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025

Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The wildfires that swept through parts of Los Angeles County in January constitute the largest-ever insured wildfire loss event by far, resulting in estimated insured losses of USD 40 billion. Zurich: Global insured losses from natural catastrophes reach USD 80...
Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon

Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...

SBI Life’s corporate agency partnership with AU Small Finance Bank

by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Briefs, Life

SBI Life Insurance has entered a strategic corporate agency partnership with AU Small Finance Bank, the country’s largest Small Finance Bank. With this alliance, AU SFB will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including...
RBI decides to keep interest rate unchanged at 5.5 pc

RBI decides to keep interest rate unchanged at 5.5 pc

by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Sanjay Malhotra,Governor, Reserve Bank of India The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Mumbai: After three successive...
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