by AIP Online Bureau | Sep 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The 1,200-kilometre (745-mile) pipeline running across the Arabian Peninsula had helped Saudi Arabia to bypass a shipping logjam in the Strait of Hormuz, where tanker traffic has slowed to a trickle due to the war between the US and Iran. Saudi Arabia has shut down...
by AIP Online Bureau | Sep 11, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Sep 11, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Sep 11, 2026 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
“We continue to have serious concerns with the unilateral imposition of trade and finance-related actions, including the raising of tariffs and non-tariff measures, which distort trade and are inconsistent with World Trade Organisation rules,” the...
by AIP Online Bureau | Sep 11, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Pablo Hernandez de Cos, general manager, the Bank for International Settlements The dynamics of the current situation pose particular risks, he added, noting that AI investment is concentrating among only a few players, and capital spending outpaces cashflow at such...
by AIP Online Bureau | Sep 11, 2026 | Indian News, Non-Life
S. Sivasankar, Executive Director,New India Assurance The FSIB has aleady selected Lavanya R. Mundayur, CMD, Agriculture Insurance Company, as the next CMD of NIA and the necessary order is under process with the government. Mumbai: The Ministry of Finance has given...
by AIP Online Bureau | Sep 11, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The Consumer Protection (E-Commerce) Rules, 2020, notified under the Consumer Protection Act, 2019, provide the framework for safeguarding consumers against unfair trade practices in the e-commerce sector. The amended Rules 2026 further strengthen this framework in...
by AIP Online Bureau | Sep 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
The strike call given by the UFBU, an umbrella body of seven unions representing 90 per cent of officer and employee strength, did not impact the functioning of private sector banks. NEW DELHI: Banking services, especially at public sector banks across the country,...
by AIP Online Bureau | Sep 11, 2026 | Data, Eco/Invest/Demography, Regulation, Wealth Management/ Philanthropy
The IPO will be entirely an offer for sale (OFS) of up to 12.64 crore equity shares by existing shareholders including some state owned insurers , compared with 14.9 crore shares planned earlier. The reduction in the OFS size has brought down the overall issue size...
by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life
The underwriting blowout has virtually wiped out industry profitability. Aggregate net profit plunged 92% year-on-year to just Rs 953 crore in FY26, while the industry’s average combined ratio deteriorated sharply from 112.61% in FY25 to 117.83%, underscoring the...
