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Shipowners eye Hormuz return with cution

Shipowners eye Hormuz return with cution

by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

News of a long-awaited agreement between the US and Iran and the prospect of ending a double blockade drove Brent oil futures down almost 5%. But those ferrying crude and gas around the world are still questioning what exactly a reopening — which US President Donald...
Scouring the Strait of Hormuz for mines could take weeks

Scouring the Strait of Hormuz for mines could take weeks

by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News

Even the possibility of mines could deter companies. A supertanker and its cargo of crude are worth about $300 million, so war risk underwriters, oil and tanker companies would need assurances that passage is safe before they attempt to pass through the strait,...
Govt to sell up to 5% GIC Re stake tom at Rs 352 per equity share

Govt to sell up to 5% GIC Re stake tom at Rs 352 per equity share

by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, Indian News, Reinsurance, Wealth Management/ Philanthropy

The Secretary, Department of Investment and Public Asset Management, under Finance Ministry, wrote on its official X account, “Offer for Sale of equity in General Insurance Corporation of India (GIC) opens tomorrow for non-retail investors. Retail investors can bid on...

by AIP Online Bureau | Jun 15, 2026 | Workplace/Employee Benefits

advisors, customers and insurance companies, allowing users to compare and purchase insurance products across health, life and motor segments. Read...
RBI issues stricter norms to curb mis-selling of financial products

RBI issues stricter norms to curb mis-selling of financial products

by AIP Online Bureau | Jun 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation

The regulator also laid out a broad ​definition of ​mis-selling, which includes practices such as offering ​products that are unsuitable for the ‌customer, providing misleading or inaccurate information, selling products without obtaining explicit consent from the...
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