by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Built in 2001, it is part of the so-called shadow fleet of older oil tankers used by Russia which lack Western insurance cover and sail under the flags of various nations to obscure their true ownership. Leaking crude oil from a tanker grounded off a nature reserve in...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Traffic is even more disrupted in the Strait of Hormuz with just six passing through on Monday, down from a 10-day average of about 11 and prewar levels of some 130 to 140. Shipping through the Bab el-Mandeb strait and Red Sea has fallen by more than 50% since an...
by AIP Online Bureau | Aug 12, 2026 | Workplace/Employee Benefits
The Northwest Pacific is already seeing heightened storm activity, recording three Category 5 typhoons this season as of Aug. 1, according to the forecaster. Though Typhoon Dolphin quickly dissipated after crossing the Chinese coast over the weekend, two named...
by AIP Online Bureau | Aug 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Reserve Bank of India Governor Sanjay Malhotra said AI built on top of this digital infrastructure has the potential to significantly change financial services and improve financial inclusion, but warned that the technology also carries risks if not deployed...
by AIP Online Bureau | Aug 11, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Wildfire risk has so far accounted for only a relatively small share of insured losses in Europe. Yet it is the fastest-growing weather peril globally. Insured wildfire losses in Europe have increased by an estimated 8–11% per year in real terms since 1970, Swiss Re...
