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AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks

AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Wall Street banks have started testing Mythos internally after the Trump administration this week warned executives they should take the model seriously and deploy its capabilities to detect vulnerabilities. Anthropic’s Mythos, a new AI model the company and...
Oil tankers steer clear of Hormuz ahead of US blockade

Oil tankers steer clear of Hormuz ahead of US blockade

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Trump’s announcement effectively slowed oil tanker movements in the strait, with just two Iranian-linked tankers leaving the Gulf. In normal trading conditions, crude and products loaded from Iranian ports are typically headed for China, with India a recent buyer of...
Ping An seeks to sell $1 billion software-focused PE assets

Ping An seeks to sell $1 billion software-focused PE assets

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Technology

Private market managers allocated hundreds of billions of dollars to software over the last 15 years, betting that software-as-a-service business models would generate high growth and reliable cashflows. That focus became increasingly concentrated during the period,...
Hedge Fund money is reshaping a 180-year-old reinsurance model

Hedge Fund money is reshaping a 180-year-old reinsurance model

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy

Reinsurers covered just over 10% of total insured catastrophe losses in 2024, well below the historical average of 20%, according to S&P Global Ratings. The industry’s biggest firms have more than halved their exposure to insured disaster losses in recent years,...
Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas

Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The developments threatened to prolong and widen a war that has led to thousands of deaths and roiled global energy markets, with higher oil and gas prices threatening to stoke inflation while slowing economic growth. Around the world, there’s now a desperate effort...
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