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MS Amlin launches industry-first property treaty consortium, to boost capacity for global data centres

MS Amlin launches industry-first property treaty consortium, to boost capacity for global data centres

by AIP Online Bureau | May 7, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The Property Treaty Per Risk (PPR) Consortium,bringing together four Lloyd’s syndicates, expands MS Amlin’s maximum line size from $50m to $67.5m, providing a 35% uplift in capacity for placements while maintaining a single coordinated underwriting and claims...
Govt gives 3rd extension to Joshi as an acting CMD of GIC Re

Govt gives 3rd extension to Joshi as an acting CMD of GIC Re

by AIP Online Bureau | May 6, 2026 | Indian News, Reinsurance

Hitesh Ramesh Chandra Joshi, acting CMD, GIC Re Joshi, who has already been selected as the CMD of GIC Re by the Government’s head hunting body FSIB, has been holding the additional charge of the GIC Re’s top post since Oct 1. Mumbai:Further delaying the...
SEBI sets up ‘cyber-suraksha.ai’ task force amid rising AI-driven cyber risks

SEBI sets up ‘cyber-suraksha.ai’ task force amid rising AI-driven cyber risks

by AIP Online Bureau | May 6, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“The rapid evolution of emerging technologies including AI-driven vulnerability identification tools (E.g. Claude Mythos) has introduced new dimensions of risks for Regulated Entities,” SEBI said in the circullar. New Delhi:Market regulator Securities and...
Life insurance industry’s new business prm almost grows 16% to Rs4.59 trillion in FY 26

Life insurance industry’s new business prm almost grows 16% to Rs4.59 trillion in FY 26

by AIP Online Bureau | May 6, 2026 | Eco/Invest/Demography, Indian News, Life

In terms of policy issuance, the industry issued over 2.83 crore policies during FY26,marking a 4.7% increase over the previous year. The relatively higher growth in premium compared to policy volumes highlights an increase in average ticket sizes,,pointing towards...
US and Iran closing in on memo to end war,sources say

US and Iran closing in on memo to end war,sources say

by AIP Online Bureau | May 6, 2026 | Eco/Invest/Demography, International News

U.S. President Donald Trump Reports of the possible agreement caused global oil ​prices to plunge, with benchmark Brent crude futures falling around 11% to around $98 a barrel . Global share prices also leapt and bond yields fell on optimism of an end to a war that...
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