by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
U.S. President Donald Trump said on Friday Iran had agreed to open the strait, while Iranian officials said they wanted the U.S. to fully lift its blockade of Iranian tankers.Western shipping companies cautiously welcomed the announcements but said more clarity was...
by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Earlier, the US had granted an exemption from sanctions to India for buying Russian oil for a month beginning March 5. A few days later, a similar waiver was extended to several other countries, which ended on April 11. Washington:The United States has extended by a...
by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
Shivraj Singh Chouhan,Union Agriculture Minister India has expanded micro-irrigation networks, introduced climate-resilient seed varieties and strengthened early-warning systems – changes the government said have materially reduced the sector’s...
by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Earlier, looking beyond the ongoing West Asia crisis, which has severely paralysed global maritime trade and as a permanent measure,the Government and the Indian general insurers, led by state owned GIC Re, New India Assurance(NIA) and other general insurers, have...
by AIP Online Bureau | Apr 18, 2026 | Health, Indian News, Regulation
Ami Dave Naveen Tahilyani, Regional CEO, Prudential, said “ Amit will lead Prudential Health India through its next phase of growth, including securing regulatory approvals and building a differentiated health proposition that is fully aligned with Prudential’s global...
by AIP Online Bureau | Apr 17, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The report explains that financial fluency goes beyond basic education and requires adaptable planning aligned with different life stages. It noted that static financial advice often fails to address dynamic needs such as career changes, caregiving responsibilities,...
by AIP Online Bureau | Apr 17, 2026 | Indian News, Non-Life, Regulation, Reinsurance
The government has notified the move, on Friday, saying that the entire Obligatory Cession is to be placed with General Insurance Corporation of India (GIC Re) only, though, there are two other Indian reinsurers- Valueattics Reinsurance Company and Allianz Jio...
by AIP Online Bureau | Apr 17, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Foreign Minister Seyed Abbas Araghchi said in a social media post Trump said that the Naval...
by AIP Online Bureau | Apr 17, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The report highlights Q1 economic losses of at least $37 billion (Q1 2025: $113 billion) –the lowest since 2015 and 43 percent below the 21st century Q1 average – and insured losses of more than $20 billion, six percent higher than the 21st century average. Flooding...
by AIP Online Bureau | Apr 17, 2026 | International News, Non-Life, Reinsurance
Adrian Cox, CEO at Beazley, said,“I’m proud that the Marine market, in which we are a leader, continues to play a vital role in maintaining continuity of trade amidst ongoing conflict.” Patrick Tiernan, CEO at Lloyd’s, said,“I welcome the launch of this timely...
