by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Intermediaries, Risk Management
Despite the apparent step towards yielding to Iranian demands, the sources pushed back against assertions by U.S. President Donald Trump that a deal reopening the strait was imminent, saying important details still had to be agreed. A proposed deal between Iran and...
by AIP Online Bureau | Aug 5, 2026 | International News, Non-Life, Reinsurance
The group said last month that it would begin attacking Saudi vessels in retaliation for a blockade on Yemeni ports. That added a new risk to global energy markets, with the Iran war already restricting flows through the Strait of Hormuz and Saudi Arabia relying on...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, International News
German airports are on high alert after a series of unauthorized drone overflights at sites including military facilities, energy terminals, seaports and logistics companies. A DHL cargo aircraft hit an unknown object as it was climbing away from Leipzig/Halle airport...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation
“Offer for Sale in the Life Insurance Corporation of India (LIC) closed with an overwhelming response from both retail and institutional investors. The issue was oversubscribed on both days, and the Government exercised its entire green shoe option. With this,...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The report, said, “Crossings through the Strait of Hormuz reached 15 on August 3, down from a revised figure of 19 a day earlier,” based on data from S&P Global MINT and S&P Global Commodities at Sea. New Delhi: Shipping activity through the Strait...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Technology
An amendment to India’s Payment and Settlement Systems Act, tabled in parliament by Finance Minister Nirmala Sitharaman, would allow the introduction of a merchant discount rate (MDR) on digital...
by AIP Online Bureau | Aug 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
RBI marginally raised the growth forecast to 6.7 per cent while lowering inflation projection to 5 per cent for the current fiscal. Mumbai: In an expected move, the Reserve Bank of India on Wednesday kept key interest rates unchanged for the third time in a row this...
by AIP Online Bureau | Aug 5, 2026 | Workplace/Employee Benefits
Europe’s major industrial arteries, the Rhine and Danube, are plunging toward historic lows as successive heat waves and prolonged drought disrupt cargo transport, raise freight costs and threaten power generation—highlighting the growing economic risks of climate...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, International News, Life, Pension & Social Security, Reinsurance, Risk Management
Under a quota share agreement, the sidecar will assume a portion of specific U.S. annuities originated by Talcott.Talcott will provide the sidecar with support services across actuarial, finance, compliance and risk functions. Talcott Financial Group and Goldman Sachs...
by AIP Online Bureau | Aug 4, 2026 | Workplace/Employee Benefits
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