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“Totally unacceptable”: MEA raises alarm over security, navigation threat amid escalating tensions in Red Sea area

“Totally unacceptable”: MEA raises alarm over security, navigation threat amid escalating tensions in Red Sea area

by AIP Online Bureau | Sep 18, 2026 | Eco/Invest/Demography, International News, Risk Management

“We are deeply concerned about the escalation in the security situation in the Red Sea area… We have expressed our condemnation of the attacks on Saudi sovereign territory, including on civilians and economic assets. Such attacks vitiate regional security,...
US warns of expanded sanctions against Iran and its partners – as it happened

US warns of expanded sanctions against Iran and its partners – as it happened

by AIP Online Bureau | Aug 24, 2026 | Eco/Invest/Demography, International News

US President Donald Trump has vowed to hit Iran hard economically and Tehran has threatened to shut down all oil exports from the Gulf ‘if the economic war continues’. Washington:The US announced a new economic sanctions plan targeting Iran and its trade...
Venezuela faces $6.7 billion in economic losses from earthquakes:UNDP

Venezuela faces $6.7 billion in economic losses from earthquakes:UNDP

by AIP Online Bureau | Jun 29, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Direct physical damage is estimated at $6.7 billion (range of $4.7 billion to $8.7 billion), driven by losses to housing and economic assets, according to the preliminary assessment. This does not include infrastructure damage, wider economic disruption and...
Asia heatwaves compound economic strain amid oil shock

Asia heatwaves compound economic strain amid oil shock

by AIP Online Bureau | May 8, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

“Food inflation in Asia is set to rise in 2026,” said Adam Ahmad Samdin at Oxford Economics. “The combination of geopolitical risks, fertiliser market disruptions, and climate uncertainty suggests that overall food inflation risks are likely to remain elevated over...
New Insurance Act enshrines transparency in IRDAI’s functioning: Ajay Seth

New Insurance Act enshrines transparency in IRDAI’s functioning: Ajay Seth

by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation

Ajay Seth, chairman, IRDAI “To my mind, that was the first time an act(The Sabka Bima Sabki Raksha (amendment of Insurance laws) Act, 2025) is talking about transparency in governance of the regulator. Now, that again is an indication of what the Indian...
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