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Allianz warns of significant marine claims from Iran conflict

Allianz warns of significant marine claims from Iran conflict

by AIP Online Bureau | Jun 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Clearly, loss of life and property damage – in terms of both vessels and their cargo – are the main causes to date,” said Regis Broudin, global head of marine claims at Allianz Commercial. The insurance industry is set to face significant claims for ships that were...
UK based re/insurance broker BMS sets up Global Capability Centre in Mumbai

UK based re/insurance broker BMS sets up Global Capability Centre in Mumbai

by AIP Online Bureau | Jun 24, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance

Nick Cook, Group CEO, said: “The opening of our GCC in Mumbai is more than an operational milestone. It is a platform for building the data and AI capability that will help BMS serve clients better and compete more effectively. India has extraordinary professional...
Warming Pacific fuels fears of powerful El Niño event

Warming Pacific fuels fears of powerful El Niño event

by AIP Online Bureau | Jun 23, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

El Niño is a naturally occurring climate phenomenon that can cause drenching rains in one part of the world and drought in another. Scientists identify it by looking at deviations in temperature levels in the Pacific Ocean, most commonly in a region known as Niño 3.4....
46 drug samples manufactured by various firms to be “not of standard quality

46 drug samples manufactured by various firms to be “not of standard quality

by AIP Online Bureau | Jun 23, 2026 | Eco/Invest/Demography, Health, Indian News

Identification of drug samples as NSQ is done based on failure of the drug sample in one or the other specified quality parameters. The failure is specific to the drug products of the batch tested by the government laboratory and it does not warrant any concerns on...

Bajaj Auto says ransomware attack hits systems

by AIP Online Bureau | Jun 23, 2026 | Briefs, Technology

India’s Bajaj Auto ​on Tuesday said ‌a ransomware attack earlier ​in the ​day impacted the ⁠automaker and ​its unit ​Bajaj Auto Technology’s systems.The company said ​it ​initiated necessary precautionary actions ‌and ⁠protocols to mitigate the impact of...
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