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Harrods is latest British retailer to be hit by cyber attack

by AIP Online Bureau | May 2, 2025 | Workplace/Employee Benefits

British companies, public bodies and institutions have been hit by a wave of cyber attacks in recent years, costing them tens of millions of pounds and often months of disruption London: London department store Harrods said on Thursday hackers had attempted to break...

Denmark plans $1 billion war insurance for its merchant fleet

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
Berkshire outguns market as Buffett reaches 60 years in charge

Berkshire outguns market as Buffett reaches 60 years in charge

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Warren Buffet, chairman, Berkshire Hathaway Buffett took over Berkshire in a fit of anger in 1965, when management of the then-flailing textile company shortchanged him when he offered to sell back his shares. He later called Berkshire “the dumbest stock I ever...
Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed

Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, Indian News, Risk Management

Flash floods were triggered in the Chenab River, prompting the authorities in the Reasi and Akhnoor sectors to issue warnings against venturing near the riverbank.”Vehicular movement has stopped from both sides on the Jammu-Srinagar National Highway due to...
FSIB selects United India’s Sanjay Joshi as new CMD of Oriental Insurance

FSIB selects United India’s Sanjay Joshi as new CMD of Oriental Insurance

by AIP Online Bureau | May 2, 2025 | Indian News, Non-Life, Policy

Sanjay Joshi, selected CMD of Oriental Insurance Company The FSIB, the head hunting agency for selecting executive directors and CMDs and CEO and MDs of state owned financial institutions, had interviewed five candidates, -Joshi, Rekha Solanki, ED, National Insurance...
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