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Rogue AI agents broke into Indian firms’ live systems, government says

Rogue AI agents broke into Indian firms’ live systems, government says

by AIP Online Bureau | Oct 16, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The disclosure brings India into a growing global debate ​over how AI companies test models with advanced hacking abilities. OpenAI said in July its models went rogue during testing and breached a startup, while ​Anthropic has disclosed at least four instances of AI...
IDBI Bank employees, pensioners service conditions protected under deal: DIPAM Secretary

IDBI Bank employees, pensioners service conditions protected under deal: DIPAM Secretary

by AIP Online Bureau | Oct 16, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

“Under the share purchase agreement, the qualified parties have also agreed that the service conditions of existing employees will remain unchanged…Existing employees and existing pensioners should have no apprehensions, as their service conditions have...
Maharashtra govt makes display of treatment rates in Marathi, English mandatory at pvt hospitals

Maharashtra govt makes display of treatment rates in Marathi, English mandatory at pvt hospitals

by AIP Online Bureau | Oct 16, 2026 | Workplace/Employee Benefits

Maharashtra Health Minister Prakash Abitkar noted that this decision is expected to bring much-needed relief to citizens by ensuring transparency, accountability, and clarity in healthcare billing across private medical institutions in the state. Mumbai: In a major...
FM expands alternative risk transfer solutions

FM expands alternative risk transfer solutions

by AIP Online Bureau | Oct 16, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Laurel Rudnick, chief underwriting officer, FM FM’s alternative risk transfer solutions are designed to work alongside traditional property insurance rather than replace it. By combining innovative risk financing options with FM’s scientific research, engineering...
“Please stay calm and do not panic”: Indian envoy Vipul issues message amid attacks in Saudi Arabia

“Please stay calm and do not panic”: Indian envoy Vipul issues message amid attacks in Saudi Arabia

by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The embassy’s Thursday advisory cautioned that filming, publishing or sharing information related to missile and drone interceptions and their impact sites could expose individuals to legal liability under local rules. Riyadh: Indian Ambassador to Saudi Arabia...
Container Ship sinks in Strait of Hormuz as attacks ramp up

Container Ship sinks in Strait of Hormuz as attacks ramp up

by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The total loss of a container ship like the GFS Pride is relatively rare, with just 33 such events between 2016 and 2025, according to insurance provider Allianz Commercial. The risks to all kinds of trade through the strait have risen sharply as Iran ramps up attacks...
Setback for TikTok as EU Court adviser backs Gatekeeper label

Setback for TikTok as EU Court adviser backs Gatekeeper label

by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The case, the first involving the EU’s Digital Markets Act (DMA) to reach the Court of Justice of the European Union, is being closely watched by technology companies seeking clues on whether Europe’s courts will reinforce or limit regulators’ efforts to boost...
French supermarkets’ cyber insurance unlikely to cover food losses, insurers say

French supermarkets’ cyber insurance unlikely to cover food losses, insurers say

by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Cyber insurance typically does not cover physical losses from attacks and supermarkets’ claims could be affected if they lacked the latest software updates, four insurance brokers told Reuters. The attack’s total costs could add up to tens of millions of euros...
Eight US states sue OpenAI, claiming ChatGPT harms young users

Eight US states sue OpenAI, claiming ChatGPT harms young users

by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The ​lawsuits accuse the company of violating state consumer protection laws by misleading users about ‌the ⁠safety of ChatGPT. The states also allege that the company created a public nuisance by endangering the health of their residents.The lawsuits represent the...
All India Insurance Employees’ Association joins UFBU in opposing sale of profitable IDBI Bank to Fairfax

All India Insurance Employees’ Association joins UFBU in opposing sale of profitable IDBI Bank to Fairfax

by AIP Online Bureau | Oct 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life

Several major banks have successfully combined their banking operations with insurance businesses through subsidiary arrangements. Instead of exploring such possibilities, the Government has chosen to facilitate the transfer of control of a public sector bank to...
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Recent Posts

  • Rogue AI agents broke into Indian firms’ live systems, government says
  • IDBI Bank employees, pensioners service conditions protected under deal: DIPAM Secretary
  • Maharashtra govt makes display of treatment rates in Marathi, English mandatory at pvt hospitals
  • FM expands alternative risk transfer solutions
  • “Please stay calm and do not panic”: Indian envoy Vipul issues message amid attacks in Saudi Arabia

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