by AIP Online Bureau | Dec 3, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The floods are the worst on record for southern Thailand, with the government estimating the damage at around 500 billion baht ($15.6 billion). Thailand said floods that have devastated much of the country’s south have “paralyzed” the flow of high tech components and...
by AIP Online Bureau | Mar 27, 2025 | Intermediaries, Risk Management, Technology
Malaysian Prime Minister Anwar Ibrahim said separately on Tuesday that hackers demanded a $10 million ransom for the cyberattack A cyber security threat affecting computer systems at the Kuala Lumpur International Airport was detected on Sunday, the National Cyber...
by AIP Online Bureau | Mar 4, 2024 | International News, Non-Life, Reinsurance, Risk Management, Technology
MH370 vanished on March 8, 2014, on its way to Beijing from Kuala Lumpur with 239 people on board. Investigators concluded the plane deliberately left its planned flightpath, looped back over Malaysia and headed out to sea Malaysian authorities are considering...
by AIP Online Bureau | May 3, 2023 | International News, Non-Life, Reinsurance, Risk Management
A vast shadow fleet of aging tankers has been enlisted to carry sanctioned oil across the globe, raising questions about safety and insurance standards Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
by AIP Online Bureau | Aug 8, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy
The Agro-Food Takaful Insurance Scheme will be launched through the Ministry of Agriculture and Food Industries and will initially be offered to the nation’s 189,500 rice farmers, Prime Minister Ismail Sabri Yaakob said. The insurance cover will be expanded in stages...
