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Only grain ships from Black Sea and for Iran still crossing Red Sea

Only grain ships from Black Sea and for Iran still crossing Red Sea

by AIP Online Bureau | Mar 2, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“Just about all (dry bulk grain) vessels going from the Americas and western Europe are avoiding the Red Sea, the only exception is vessels going to Iran, they’re still taking the Red Sea route when shorter.All vessels we are tracking going from the Black Sea to Asia...
AI: Firms face growing list of lawsuits

AI: Firms face growing list of lawsuits

by AIP Online Bureau | Mar 2, 2024 | Articles, Eco/Invest/Demography, Features, Risk Management, Technology

Elon Musk,CEO, Tesla Elon Musk became the latest power player to sue OpenAI, alleging the company and its chief executive officer, Sam Altman, have strayed from their original mission by prioritizing profit over the benefit of humanity. Artificial intelligence firms...
Telangana govt rejoins PM Fasal Bima Yojana scheme to safeguard farmers

Telangana govt rejoins PM Fasal Bima Yojana scheme to safeguard farmers

by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Policy

A Revanth Reddy,Chief Minister, Telanngana ”The state government adopted the Pradhan Mantri Fasal Bima Yojana (PMFBY) again to safeguard the farmers from the hardships in farming,” a state government release said Friday night Hyderabad: The Telangana...
Sebi clears Fairfax-backed Digit’s IPO after delay

Sebi clears Fairfax-backed Digit’s IPO after delay

by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy

Prem Watsa, CEO, Fairfax Financial Digit now plans to market its IPO to prospective investors over the next month and targets a listing by May, said a person with direct knowledge of the matter It plans to raise Rs 12.5 billion rupees ($151 million) through its...
AM Best’s first  ever credit ratings for ICICI Lombard, affirms financial strength rating of B++ (Good)

AM Best’s first ever credit ratings for ICICI Lombard, affirms financial strength rating of B++ (Good)

by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Reinsurance

Although the company’s five-year average combined ratio was 104.8%, it has consistently outperformed the domestic general insurance market in India SINGAPORE: Announcing its ratings for the first ever Indian private sector general insurance company, international...
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