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Fitch maintains ‘deteriorating’ outlook on the global reinsurance sector for 2027

Fitch maintains ‘deteriorating’ outlook on the global reinsurance sector for 2027

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

“Our expectations of further price declines – although less pronounced than in 2026 – amid abundant capacity drive the outlook. This, alongside rising claims costs, will lead to margin and revenue erosion, although not enough to materially affect the sector’s...
Home secy Govind Mohan reviews preparedness of Himalayan states/UT for GLOF and snow avalanches

Home secy Govind Mohan reviews preparedness of Himalayan states/UT for GLOF and snow avalanches

by AIP Online Bureau | Sep 3, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management, Technology

Govind Mohan,Union Home Secretary The meeting concluded with directions for continued inter-agency coordination, regular sharing of risk information and strengthening of early warning and response mechanisms to minimise loss of life and property in vulnerable...
Controlling Strait of Hormuz: US attacks prompt Iranian retaliation as fighting intensifies

Controlling Strait of Hormuz: US attacks prompt Iranian retaliation as fighting intensifies

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

The resumption of hostilities brought an abrupt end to a month of subdued military activity, during which oil shipments through the Strait of Hormuz recovered to roughly half of pre-war levels. The improvement in flows risks being curtailed, affecting supplies of oil,...
German power grid hit twice in latest suspected sabotage

German power grid hit twice in latest suspected sabotage

by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Countries across Europe are racing to harden power grids against sabotage, cyberattacks and military threats. The push follows Russia’s repeated attacks on Ukraine’s energy infrastructure and a series of sabotage incidents across Europe. Germany’s power grid was hit...
Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

The scale of attacks from Russia and Ukraine on commercial ships and port infrastructure has increased sharply and may rise further, said Corey Ranslem, chief executive of maritime security group Dryad Global. Tankers and cargo ships are transiting the Bosphorus...
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