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Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others

Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others

by AIP Online Bureau | Aug 17, 2026 | International News, Risk Management, Technology

While it’s not clear how the hackers allegedly accessed the companies, Ransom-ISAC, an industry information sharing group, issued a notice July 22 warning that the hacking group was exploiting vulnerabilities in PTC Windchill and FlexPLM, software used to aid in...
Munich Re reclaims top global position among IFRS 17 reporting reinsurers

Munich Re reclaims top global position among IFRS 17 reporting reinsurers

by AIP Online Bureau | Aug 17, 2026 | International News, Non-Life, Reinsurance

Lloyd’s moved to the top of the ranking for non-IFRS 17 reinsurers, lifted by premium growth and the British Pound appreciating against the U.S. dollar. GIC Re is the 10th largest global reinsurer among non-IFRS 17 reporting reinsurers OLDWICK:Foreign currency...
Taxpayers earning Rs 100 crore-plus jump 39% to 576 in AY26: Report

Taxpayers earning Rs 100 crore-plus jump 39% to 576 in AY26: Report

by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

As per an analysis by SBI Research, the number of taxpayers reporting income of Rs 1 crore or more increased by 14 per cent to 5,35,672 in AY26 from 4,71,419 in AY25. New Delhi: The number of taxpayers reporting annual income of Rs 100 crore or more rose 39 per cent...
Govt to announce high-level banking for Viksit Bharat panel

Govt to announce high-level banking for Viksit Bharat panel

by AIP Online Bureau | Aug 17, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister The Finance Minister said the Department of Financial Services (DFS) had worked on seven themes that would be important for taking the banking and financial sector forward. The themes of discussion are — banking for...
Are courts precluded from granting fair, just compensation in nuclear accident: SC asks Centre

Are courts precluded from granting fair, just compensation in nuclear accident: SC asks Centre

by AIP Online Bureau | Aug 17, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation

CJI Kant said there was too much apprehension and pointed out that even if Parliament has capped the liability of operators, it does not preclude the court from granting fair and just compensation. New Delhi: The Supreme Court on Monday asked the Centre to clarify...
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