by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Mar 31, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance
Reinsurers have been surprised with the price drop on risk which has been more than expectations, mainly due to previous years good results and interest in the Indian risks. With uncertainty in the Gulf, the interest on Indian risks is also higher. Overall many...
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London’s High Court ruled in June that AerCap can recover just over $1 billion from its “war risks insurers,” though that was less than the roughly $2 billion it sought under a broader all-risks clause. London:Insurers, including Chubb, Fidelis and syndicates at...
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Looking ahead, mid-year 2026 renewals are expected to face more complex conditions globally. Upward pricing pressure across marine, energy and political violence is anticipated as the full impact of the Hormuz crisis is absorbed, and reinsurers reassess aggregation,...
by AIP Online Bureau | Mar 31, 2026 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy
Sanjay Lohiya, special secretary, Department of Financial Services Lohiya has been appointed as a Special Secretary, Department of Financial Services, Ministry of Finance by temporarily upgrading a vacant post of Joint Secretary in the Department. will take over as...
by AIP Online Bureau | Mar 31, 2026 | International News, Life, Non-Life, Technology
“The AI era successfully opened the window for reshaping services.The returns on investment are tangible, highly visible, and unequivocally compelling.” Ping An’s Chief Technology Officer Ray Wang said. Five years ago, almost no accident and health insurance claims at...
by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits
Mayuree Naree, owned by Bangkok-based Precious Shipping Pcl, was struck on March 11 by Iranian projectiles while transiting the strategic waterway in ballast. Of the 23 crew members on board, 20 were rescued by the Omani navy after abandoning the vessel in a lifeboat....
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The strike on the Kuwait-flagged Al-Salmi is the latest attack on merchant vessels by missiles or explosive air and sea drones in the Gulf and Strait of Hormuz since the U.S. and Israel attacked Iran on February 28. TEL AVIV/WASHINGTON: Iran attacked and set ablaze a...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Until this war, one long-held assumption around Hormuz was that Iran would never attempt to close the strait, for fear of risking its own exports, a vital economic lifeline. In fact, ship-tracking data suggest that Tehran’s oil has continued to flow — almost entirely...
