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US targets Iran’s energy trade, 8 Indian nationals several firms sanctioned

US targets Iran’s energy trade, 8 Indian nationals several firms sanctioned

by AIP Online Bureau | Oct 11, 2025 | Eco/Invest/Demography, Intermediaries, Policy, Risk Management

“The State Department imposed sanctions on approximately 40 entities, individuals and vessels to “deny the Iranian regime funds it uses to conduct its malign activity,” the department said in a press release on Thursday Washington: Eight Indian...
Minister of Communications cautions against AI’s unchecked risks

Minister of Communications cautions against AI’s unchecked risks

by AIP Online Bureau | Oct 11, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Facial recognition systems have misidentified minorities with up to 80% error rates, while in healthcare, AI misdiagnosed 20% of tuberculosis cases in Uttar Pradesh hospitals—underscoring the danger of opaque, unaccountable systems”Pemmasani Chandra...

Thane MACT awards Rs 1.2 crore compensation to kin of businessman killed in expressway accident

by AIP Online Bureau | Oct 11, 2025 | Indian News, Non-Life

Tribunal member R V Mohite on Thursday directed the owner of the tempo involved in the accident and the insurer, ICICI Lombard General Insurance Co. Ltd, to jointly and severally pay the compensation with 9 per cent interest per annum from the date of the petition...
Aon names Simon Chisholm as Asia Reinsurance Solutions chairman

Aon names Simon Chisholm as Asia Reinsurance Solutions chairman

by AIP Online Bureau | Oct 10, 2025 | International News, Non-Life, Reinsurance

Simon Chisholm, Chairman-designate, of Asia for Reinsurance Solutions In this role, Chisholm will lead the Reinsurance Solutions’ Global Clients Segment for the Asia region, with a continued focus on deepening relationships with key clients in Japan and Thailand...
SIRC announces panel line-up, anchoring conversations on Geopolitics, Sustainability and AI

SIRC announces panel line-up, anchoring conversations on Geopolitics, Sustainability and AI

by AIP Online Bureau | Oct 10, 2025 | Intermediaries, International News, Non-Life, Reinsurance, Technology

Anchored on the theme “Staying Ahead, Future Ready”, the 21st edition will bring together global reinsurance leaders to tackle urgent challenges and opportunities in an increasingly volatile world Singapore: The Singapore Reinsurers’ Association (SRA) today announced...
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