by AIP Online Bureau | Apr 17, 2026 | Indian News, Non-Life, Regulation, Reinsurance
The government has notified the move, on Friday, saying that the entire Obligatory Cession is to be placed with General Insurance Corporation of India (GIC Re) only, though, there are two other Indian reinsurers- Valueattics Reinsurance Company and Allianz Jio...
by AIP Online Bureau | Apr 17, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Foreign Minister Seyed Abbas Araghchi said in a social media post Trump said that the Naval...
by AIP Online Bureau | Apr 17, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The report highlights Q1 economic losses of at least $37 billion (Q1 2025: $113 billion) –the lowest since 2015 and 43 percent below the 21st century Q1 average – and insured losses of more than $20 billion, six percent higher than the 21st century average. Flooding...
by AIP Online Bureau | Apr 17, 2026 | International News, Non-Life, Reinsurance
Adrian Cox, CEO at Beazley, said,“I’m proud that the Marine market, in which we are a leader, continues to play a vital role in maintaining continuity of trade amidst ongoing conflict.” Patrick Tiernan, CEO at Lloyd’s, said,“I welcome the launch of this timely...
by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The report flagged several risks that could act as headwinds, including rising debt levels, societal polarisation, and the impact of climate change New Delhi:The global economy is expected to expand significantly over the next five years, with global GDP projected to...
