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Singapore says cyber espionage group targeting critical infrastructure

Singapore says cyber espionage group targeting critical infrastructure

by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

“UNC3886 poses a serious threat to us, and has the potential to undermine our national security,” Coordinating Minister for National Security K. Shanmugam said in a speech. Google-owned cybersecurity firm Mandiant has described UNC3886 as a “China-nexus espionage...
Evidence shows Jeju Air pilots shut off less-damaged engine before crash, source says

Evidence shows Jeju Air pilots shut off less-damaged engine before crash, source says

by AIP Online Bureau | Jul 22, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

The source said the evidence, including the cockpit voice recorder, computer data and a physical engine switch found in the wreckage showed pilots shut off the left engine instead of the right engine when taking emergency steps after a bird strike just before it was...
What’s in the EU’s 18th sanctions package against Russia?

What’s in the EU’s 18th sanctions package against Russia?

by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...
Private sector general and health insurers record higher underwriting losses in FY 25

Private sector general and health insurers record higher underwriting losses in FY 25

by AIP Online Bureau | Jul 21, 2025 | Indian News, Non-Life, Reinsurance

Led by Tata AIG General insurers, which had an underwriting losses of Rs 2,229 crore, 25 e private sector multiline general  insurers ‘ underwriting losses have spurted by 12 per cent to Rs 12,398 crore in FY 24-25.Similarly, with Star Health at the top, the...
No Insurance Amendment Bill yet in Parliament’s Monsoon session

No Insurance Amendment Bill yet in Parliament’s Monsoon session

by AIP Online Bureau | Jul 20, 2025 | Eco/Invest/Demography, Indian News, Regulation

The government has already  listed  eight bills for their likely introduction  and passage  in the Monsoon session of the Parliament but there is no mention of the Insurance Amendment Bill in the list.The Ministry of finance officials earlier had...
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