by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In the past 24 hours, war insurance rates for ships inside the Gulf have already ticked higher towards 3% of the value of a vessel from 2% at the end of last week, said the sources, who declined to be named due to the sensitivity of the matter. Some war underwriters...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
L-R:Haribhau Kisanrao Bagde,Governor, Rajasthan, Dr Lavanya Mundayur, CMD, AIC, Rajnath Singh, Union Defence Minister,Justice P Sathasivam,Former Chief Justice of India and Former Governor of Kerala at the the Agriculture Leadership Awards ceremony on Wednesday in New...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In a flare-up of hostilities that pushed oil prices up to a two-week high, Iran said it had targeted U.S. military sites in Bahrain and Kuwait after U.S. forces struck Iranian targets in response to attacks on tankers in the Strait of Hormuz. Ankara: U.S....
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Jérôme Haegeli, Swiss Re’s Group Chief Economist, said,”The latest Middle East conflict is not a one-off shock but another sign that geopolitical risk has become a structural feature of the global economy with four supply shocks in six years. As economies...
by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Three separate attacks on ships would mark the highest number since the US and Iran signed an interim peace deal last month, underscoring the continued risks to ships crossing through Hormuz. Tehran has repeatedly said it won’t allow vessels to transit the waterway...
