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EV Transition: Plugging in new insurance solutions

EV Transition: Plugging in new insurance solutions

by AIP Online Bureau | Aug 4, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Technology

India’s electric mobility revolution is moving from promise to reality, with EV sales recording strong growth across segments. As adoption accelerates, insurers must rethink traditional motor cover to address battery risks, charging infrastructure, specialised...
OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

by AIP Online Bureau | Aug 4, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

AI safety experts said the new disclosures paint a portrait of a group of cutting-edge labs whose ability to develop dangerous autonomous hacking agents outstrips their ability to keep them under control. OpenAI has discovered other instances in which autonomous...
Hackers hit Bitcoin’s safest hiding place in ongoing attack

Hackers hit Bitcoin’s safest hiding place in ongoing attack

by AIP Online Bureau | Aug 4, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Hackers have found a software flaw in a brand of “cold” Bitcoin wallet — considered one of the safest places to store cryptocurrency — and are siphoning tens of millions of dollars in an ongoing attack. Hackers have found a software flaw in a brand of “cold” Bitcoin...
Wildfires fan record sales of Cat Bonds to backstop risk

Wildfires fan record sales of Cat Bonds to backstop risk

by AIP Online Bureau | Aug 4, 2026 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Wildfire risk is now the fastest-growing category of natural-catastrophe peril globally, with insured losses rising roughly 12% a year, according to KatRisk, a risk modeling firm. At the same time, investors are getting more comfortable with the financial models being...
SC says catastrophically injured child loses childhood, dignity and future, enhances compensation

SC says catastrophically injured child loses childhood, dignity and future, enhances compensation

by AIP Online Bureau | Aug 3, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Recomputing the compensation under various heads, including future earnings, attendant charges, pain and suffering, loss of amenities and future prospects, the Supreme Court enhanced the compensation to Rs 83.38 lakh with interest at 9 per cent per annum from the date...
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