by AIP Online Bureau | Mar 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
“The strait (of Hormuz) is closed. If anyone tries to pass, the heroes of the Revolutionary Guards and the regular navy will set those ships ablaze,” Ebrahim Jabari, a senior adviser to the Guards commander-in-chief, said in remarks carried by state...
by AIP Online Bureau | Mar 3, 2026 | Indian News, Non-Life, Regulation
This is the first deal by any foreign insurer to have a 100 per cent venture in India after the new act,The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025,was enacted by the Indian parliament in December, 2025, allowing 100 per cent foreign direct...
by AIP Online Bureau | Mar 2, 2026 | Indian News, Non-Life, Reinsurance
The Centre reiterated its readiness to facilitate trade operations, including procedural flexibility in export-related authorisations in cases of genuine disruption; coordination with Customs authorities to ensure smooth clearance; engagement with financial and...
by AIP Online Bureau | Mar 2, 2026 | International News, Non-Life, Reinsurance, Technology
“Together with Beazley, we will create the world’s leading Specialty underwriter, with around $15 billion of pro forma gross written premiums, exceptional underwriting expertise and data capabilities, and leading access to global distribution,” said...
by AIP Online Bureau | Mar 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than half of the world’s largest maritime insurance clubs have also now scrapped war-risk insurance for vessels entering the Gulf Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have all but closed...
