by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Despite EV drivers paying anywhere from 20% higher to double the premiums for traditional cars, China’s auto insurers have been nursing losses from covering new energy vehicles for at least three years. The industry lost 5.7 billion yuan ($802 million) from...
by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
The European Union’s cybersecurity agency ENISA confirmed on Monday that the hack on Collins Aerospace, owned by RTX , was a ransomware attack, but did not say where the attack originated from. The outage, which hit check-in and baggage drop services, has...
by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits
“Everest’s launch in India presents significant opportunity, as one of the most dynamic reinsurance markets globally, shaped by strong economic growth, and rising demand for the advanced, long-term reinsurance solutions we offer,” said Jill Beggs, Executive Vice...
by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy
“The net outgo for individual consumers has been reduced for products like Health Insurance, Personal Accident & Travel Insurance, maintaining the same policy coverage and claims servicing standards” Naveen Chandra Jha, MD and CEO, SBI General...
by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Packing winds of 215 kph (134 mph) and gusts of up to 295 kph (160 mph), Ragasa slightly intensified as it brushed Babuyan Island and headed for possible landfall over Calayan Island, raising the risk of storm surges exceeding three metres (nine feet), the state...
