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AXA assesses losses from deadly fire in Swiss mountain resort of Crans-Montana killing 40

AXA assesses losses from deadly fire in Swiss mountain resort of Crans-Montana killing 40

by AIP Online Bureau | Jan 12, 2026 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management

French insurer AXA SA said that it has provided liability insurance to Crans-Montana and a business liability insurance for “Le Constellation.” Both policies are “standard products” and the sum insured is limited, AXA’s Swiss unit said in a statement With flags...

Indian households turn investors, bank deposits surge: SBI report

by AIP Online Bureau | Jan 12, 2026 | Banking & Bancassurance, Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

“Indian households across states are turning from savers to investors. Juxtaposing incremental deposits between FY20-25 and incremental investors during the same period reveals states such as Gujarat, West Bengal, Madhya Pradesh, Andhra Pradesh and Karnataka,...
Gold, silver prices hit fresh highs amid global uncertainties

Gold, silver prices hit fresh highs amid global uncertainties

by AIP Online Bureau | Jan 12, 2026 | Data, Eco/Invest/Demography, Policy, Risk Management, Wealth Management/ Philanthropy

Spot gold price surged 1.45 per cent at $4,575.82 an ounce, after hitting a fresh record high of $4,601.17 level. Silver prices gained 4.85 per cent to touch $83.19, after hitting a record high of $83.88.The surge to fresh record highs was supported by rising...
India to deepen engagement with Singapore-based ship safety agency

India to deepen engagement with Singapore-based ship safety agency

by AIP Online Bureau | Jan 11, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Overall, ReCAAP engagement with the law enforcement agencies has been good and a successful arrangement is in place for ships to sail through Asian waters safely, though the weakest point is still the Straits of Malacca and Singapore (SOMS), where sea robberies have...
Govt proposes forcing smartphone makers to give source code in security overhaul

Govt proposes forcing smartphone makers to give source code in security overhaul

by AIP Online Bureau | Jan 11, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology

The plan is part of the Modi government’s efforts to boost security of user data as online fraud and data breaches increase in the world’s second-largest smartphone market, with nearly 750 million phones New Delhi:India proposes requiring smartphone makers...
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