by AIP Online Bureau | Jul 17, 2026 | Eco/Invest/Demography, International News
“It is mainly Asia, because Asia was getting 80 to 90% of this energy from the Strait of Hormuz,” he said. Japan and South Korea have suffered, but developing countries including Pakistan, Bangladesh and India have been hit hardest, he said....
by AIP Online Bureau | Jul 16, 2026 | Indian News, Life, Non-Life, Reinsurance
“We assure clients of uninterrupted service, continuity of coverage and consistent relationship management, as the existing facultative reinsurance portfolio from Allianz Commercial / Allianz Global Corporate & Specialty (AGCS) will be transitioned to...
by AIP Online Bureau | Jul 16, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
A recent Indian Supreme Court ruling on motor accident compensation, coupled with pricing pressures, has raised the risk of further provisioning and earnings downgrades, analysts said. Mumbai:Shares of ICICI Lombard General Insurance logged their steepest fall in six...
by AIP Online Bureau | Jul 15, 2026 | Eco/Invest/Demography, International News
A senior Yemeni official warned on Monday that the country’s armed forces were prepared to close the Bab el-Mandeb Strait – a move he said could send oil prices soaring to $200 a barrel – if Saudi Arabia continued to attack Yemen, according to a report on Iran’s Press...
by AIP Online Bureau | Jul 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance
The Bank of England and the Financial Conduct Authority laid out plans for a captive insurance regime, according to a statement Tuesday. Captive insurers are entities set up by companies or public institutions that provide their own cover. The UK has proposed rules to...
