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Trump steps back from Hormuz fee plan in favour of Gulf investment deals

Trump steps back from Hormuz fee plan in favour of Gulf investment deals

by AIP Online Bureau | Jul 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States ​will be making into the United States,” he said in a post...
New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’

New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’

by AIP Online Bureau | Jul 13, 2026 | Indian News, Non-Life, Reinsurance

LtoR-Girija Subramanian, CMD, New India Assurance,G Srinivasan,MD&CEO,Galaxy Health Insurance,SK Kanwar, Advisor, Reliance Industries,BCPatnaik, Director, National Insurance Academy and Amit Roy,Partner and Leader- Insurance & Allied Businesses · PwC...
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The renewed violence casts further doubt on the future of an interim U.S.-Iranian agreement signed last month that aimed to reopen the strait and end the ​war after a further 60 days of negotiations.The renewed violence casts further doubt on the future of an interim...
Bavi hits China, Millions evacuated

Bavi hits China, Millions evacuated

by AIP Online Bureau | Jul 12, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Scientists say climate change is increasingly exposing the world’s second-largest economy to destructive weather events, with this year of particular concern due to the expected emergence of the El Nino weather pattern, which could drive up temperatures and fuel more...

US eyes steering wheel-free cars

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

“If you’re developing a vehicle that is designed never to be driven by a human operator, it doesn’t make any sense to require manual controls,” Jonathan Morrison, administrator of the National Highway Traffic Safety Administration, said The head of the top US auto...
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