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Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study

Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study

by AIP Online Bureau | Jul 15, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

“In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate...
Some airlines checking Boeing fuel switches after Air India crash

Some airlines checking Boeing fuel switches after Air India crash

by AIP Online Bureau | Jul 15, 2025 | International News, Risk Management, Technology

The precautionary moves by India, South Korea and some airlines in other countries came despite the planemaker and the U.S. Federal Aviation Administration telling airlines and regulators in recent days that the fuel switch locks on Boeing jets are safe.The locks have...
Boeing settles with Canadian man whose family died in 737 MAX crash

Boeing settles with Canadian man whose family died in 737 MAX crash

by AIP Online Bureau | Jul 15, 2025 | International News

Boeing has settled more than 90% of the civil lawsuits related to the two accidents, involving two fatal 737 MAX crashes in 2018 and 2019 that together killed 346 people, paying out billions of dollars in compensation through lawsuits, a deferred prosecution agreement...
IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance

IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance

by AIP Online Bureau | Jul 14, 2025 | Health, Indian News, Non-Life

The IRDAI is yet to announce range of its board decisions on Monday officially and clarify how it intends to sort out WestBridge’s plan to be a majority stakeholder in both, KIWI General Insurance and Star Health Insurance, where a few segments including Health...
‘All Crew Muslim’: ships look to dodge Red Sea attacks with messages

‘All Crew Muslim’: ships look to dodge Red Sea attacks with messages

by AIP Online Bureau | Jul 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Maritime security sources said even though shipping companies must step up due diligence on any tangential link to Israel before sailing through the Red Sea, the risk of attack was still high. Commercial ships still sailing through the Red Sea are broadcasting...
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