While the market remains profitable, deteriorating incurred direct...
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Risk Management
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Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025
In Asia, the upstream market also remains decisively...
Aon appoints Jeff Alpaugh as its chief commercial officer, Risk Capital
“Demand for integrated Risk Capital capabilities continues to grow...
Aviation regulator issues notice to Air India crew over safety issues
The notice by the Directorate General of Civil Aviation (DGCA) pertains to operations of flight AI-357 from Delhi to Tokyo and AI-358 from Tokyo to Delhi New Delhi:India’s aviation regulator has issued a show-cause notice to Air India cockpit crew for operating...
GIC Re set to expand its global business in Jan1 renewals
Globally reinsurance buyers enter the January renewal season with strong momentum. Exposures are evolving, demand is growing, capacity is abundant backed by industry capital is at record levels. Despite lingering headwinds, the market is well-positioned to support...
Domestic reinsurance capabilities through regulatory incentives need to augmented:RBI
In its Financial Stability Report, the central bank has cautioned the growing reliance on cross-border reinsurance suggests that the domestic market’s capacity may not be keeping pace with the specialized or large-scale risk transfer needs of Indian insurers,...
Govt releases white paper on democratising access to AI infrastructure
The white paper highlights key enablers aligned with India’s AI governance vision, including expanding access to high-quality, representative datasets; providing affordable and reliable computing resources; and integrating AI with Digital Public Infrastructure (DPI)....
China plans to tighten AI rules, to ensure services are ethical, secure and transparent
According to the draft proposals, providers must conduct a security assessment and submit a report to the provincial cyberspace administration if they launch any human-like AI features. A report will also be required for services that gain 1 million registered users...
Autonomous Services:Uber Technologies and Lyft Inc. each teaming up with Baidu Inc. to trial driverless taxis in UK
Global robotaxi rollouts are accelerating, with Chinese companies such as Baidu and Weride Inc., and Alphabet Inc.’s Waymo leading the charge. Uber and Weride have launched driverless operations in Abu Dhabi, with plans to expand in the Middle East. Baidu is...
A year on, Jeju Air crash report delayed as families question probe’s credibility
“It feels like all kinds of doubts are just growing bigger and bigger. In the meantime, a year has gone by, and it feels like the frustration is only continuing to build,” said Ryu Kum-Ji, a 42-year-old woman who lost both of her parents in the crash. A South Korean...
New York to require social media platforms to display mental health warnings
"Keeping New Yorkers safe has been my top priority since taking office, and that includes protecting our kids from the potential harms of social media features that encourage excessive use," New York Governor Kathy Hochul said in a statement. Social media platforms...
Definition of Aravalli hills and ranges: SC keeps in abeyance its November 20 directions
"We deem it necessary to direct that the recommendations submitted by the committee, together with the findings and directions stipulated by this court in the judgment of November 20, 2025, be kept in abeyance," the bench said while hearing a suo motu case titled 'In...
Foreign investors exit Indian stocks at record scale; withdraw Rs 1.6 lakh cr in 2025
This makes 2025 the worst year for equity flows, surpassing the previous record outflow of Rs 1.21 lakh crore in 2022 and coming after a marginal net inflow of just Rs 427 crore in 2024. In contrast, 2023 had seen a robust Rs 1.71 lakh crore equity investment. New...