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“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...
Cost and stigma affect access to professional mental health care, AXA report

Cost and stigma affect access to professional mental health care, AXA report

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

As a barrier, stigma varies too and is often rooted in social and cultural attitudes. The research finds it is a greater barrier in countries such as the UK, South Korea and Hong Kong than in Switzerland, Turkey and Thailand. London: New research from AXA Global...
IRDAI to ensure smooth transition to new commission rules, may launch Public Insurance Registry in Jan 28: Seth

IRDAI to ensure smooth transition to new commission rules, may launch Public Insurance Registry in Jan 28: Seth

by AIP Online Bureau | Oct 15, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation

Ajay Seth,chairman , IRDAI “The idea is to ​allow for an orderly transition from the present system to a ​better systemThere’s absolutely no intention that there should be a disruption for any ​market player or any individual.”Ajay Seth,chairman,...
HDFC Life net profit rises 13.60% to Rs 508 cr in Q2FY27

HDFC Life net profit rises 13.60% to Rs 508 cr in Q2FY27

by AIP Online Bureau | Oct 15, 2026 | Indian News, Life

“We expect to sustain this momentum and grow in line with the industry in FY27.”Vibha Padalkar, MD & CEO, HDFC Life Mumbai:HDFC Life Insurance. the second largest private life insurer, posted a 13.6% rise in quarterly ​profit on Thursday, helped by...
Growing and interconnected climate risks require appropriately priced insurance: Munich Re

Growing and interconnected climate risks require appropriately priced insurance: Munich Re

by AIP Online Bureau | Oct 15, 2026 | International News, Non-Life, Reinsurance, Risk Management

Artificial intelligence, geopolitical tensions and growing digital interdependencies are changing both the frequency and nature of cyber risk. At the same time, the economic cost of cybercrime continues to rise, Patrice Michellon, Chief Executive for Continental...
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Recent Posts

  • “Please stay calm and do not panic”: Indian envoy Vipul issues message amid attacks in Saudi Arabia
  • Container Ship sinks in Strait of Hormuz as attacks ramp up
  • Setback for TikTok as EU Court adviser backs Gatekeeper label
  • French supermarkets’ cyber insurance unlikely to cover food losses, insurers say
  • Eight US states sue OpenAI, claiming ChatGPT harms young users

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