by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of its revenues,” the Islamic Revolutionary Guard Corps’ spokesman Hossein Mohebbi said on Wednesday, according to the state-run Sepah News agency....
by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
It will be joining other leading players Abu Dhabi National Insurance Company, Doha Insurance Group and Kuwait Reinsurance Company, from the gulf region to open offices in GIFT IFSC. Mumbai:Qatar Islamic Insurance Group (QIIG), a leading Sharia-compliant insurance...
by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The settlement resolves claims brought by 29 U.S. states, and will end a federal trial that had been one of the highest-profile tests yet of allegations that social media companies harmed young users. Meta will impose daily usage limits and restrict nighttime usage by...
by AIP Online Bureau | Aug 26, 2026 | Intermediaries, International News, Technology
“As market conditions evolve, we are focused on broadening out parts of our existing portfolio where we see the potential for further growth. Cyber is one of those areas, and we believe there is a clear opportunity to build a larger and more meaningful position in the...
by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, Indian News
The flash floods in Nepal have caused significant damage in bordering areas, including the loss of at least eight lives. Local reports indicated that several people are missing after floodwaters surged through Nepal’s Nuwakot and Dhading districts, with the Bhote...
by AIP Online Bureau | Aug 26, 2026 | Disaster & Management, Eco/Invest/Demography, International News
The flash flood damaged eight operational hydropower projects with a total capacity of 354 MW and five under-construction projects located in Nuwakot and Rasuwa districts, according to a statement by the Independent Power Producers’ Association Nepal (IPPAN)....
by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Some of the tankers Iran listed are owned or chartered by Saudi Aramco and Abu Dhabi National Oil Co (ADNOC). The ships have been used for shuttling crude, refined products and liquefied natural gas (LNG) out of the Gulf for STS transfer off Fujairah in the UAE or...
by AIP Online Bureau | Aug 25, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
DeepSeek is the AI of choice for Chinese hackers because it’s relatively powerful with very low cyber guardrails,” said Charles Li, chief analyst at TeamT5. “Western models are highly sought-after but their guardrails are much more strict and require a lot more effort...
by AIP Online Bureau | Aug 25, 2026 | International News, Non-Life
Tokio Marine reviewed several takeover targets over the past months, including Insurance Australia Group (IAG) and Suncorp, as well as Canada’s Intact Financial Corp., the report said. Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a...
by AIP Online Bureau | Aug 25, 2026 | Data, Eco/Invest/Demography, Technology
Authorised Push Payment (APP) fraud was identified as the most difficult type to detect and prevent, with 58 per cent of organisations finding it challenging to manage. Identity theft was challenging for 54 per cent, while money mule activity stood at 53 per cent....
