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Iran sets Hormuz transit rules; Shipowners stay cautious

Iran sets Hormuz transit rules; Shipowners stay cautious

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

Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe, stable passage” through the waterway will be possible with “new protocols in place.” That came soon after a report that the US had proposed a peace deal, which Tehran is now considering. Iran has laid...
Banks must prepare for cyber threats posed by AI models like Mythos: Nagaraju

Banks must prepare for cyber threats posed by AI models like Mythos: Nagaraju

by AIP Online Bureau | May 7, 2026 | Banking & Bancassurance, Indian News, Risk Management, Technology

Referring to cyber security concerns, he said Anthropic Mythos AI model has advanced capabilities to identify and potentially exploit systems, and added that it has raised alarm bells among regulators because of the vulnerabilities in legacy banking technology...

Bajaj Finserv Health appoints Deepak J Matai as CEO

by AIP Online Bureau | May 7, 2026 | Briefs, Health

Bajaj Finserv Health, a subsidiary of Bajaj Finserv, on Thursday appointed Deepak J Matai as chief executive officer.The health-tech company offers preventive, personalised, and partner-led care, health financing, and wellness plans. “India has 16 per cent of...
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...
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