by AIP Online Bureau | Jul 30, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News
A crop area of 21,523.08 hectares remained submerged in Assam. More than 11,000 animals have been washed away, while another 17,000 have been affected.Damage to various infrastructure, including embankments, houses, roads, schools and other public property, was also...
by AIP Online Bureau | Jul 30, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
The transaction was executed on Wednesday at an average price of Rs 243 apiece, taking the deal size to Rs 139.03 crore, as per the data. Mumbai:ICICI Prudential Mutual Fund has bought about a 1 per cent stake in Go Digit General Insurance from venture capital firm...
by AIP Online Bureau | Jul 30, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Thomas Blunck,Member of the Board of Management. The first half of the year has provided a welcome breather from previous years of high natural disaster losses. But climate change and growing exposure persist, increasing the risk of larger losses in the future. The...
by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management
“We have the privilege of insuring Skyroot’s Vikram-1 mission. As India enters the new space era with private launch providers, NIA is extending its expertise to the commercial space ecosystem. The successful orbital mission of Skyroot Aerospace and deployment...
by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
“Buying more insurance is not always the same as being better protected. When risks are properly modelled, understood and mitigated, clients can build more efficient, resilient insurance programs that reflect their actual exposures. This is especially important...
by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, International News, Regulation, Technology
“The extent to which capital markets and economies have become intertwined with AI have created a vulnerability for credit,” Fitch said. The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to...
by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The Houthis were looking into imposing fees on most traffic through the narrow Bab el-Mandeb gateway, which links the southern Red Sea with the Gulf of Aden, the sources said. No timeframe was given at this stage for implementation, they added. Yemen’s Houthi group is...
by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Policy
The report observed that India will need to continuously adapt to evolving global challenges, with domestic reforms and prudent macroeconomic management to stay on the high growth path and sustain investor confidence. New Delhi: India’s growth momentum remains...
by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Technology
The victim stated that fraudsters contacted him through a social media platform in July and the administrators “advised” him to invest through the trading app after opening an account. Hyderabad:A case was registered against Google India’s nodal...
by AIP Online Bureau | Jul 29, 2026 | Indian News, Non-Life
The insurer’s underwriting profit surged to Rs 111 crore from Rs 16 crore in the corresponding quarter last year.Combined ratio of the insurer improved from 98.7 per cent in Q1FY26 to 97 per cent in Q1 FY 27. Chennai:Star Health and Allied Insurance Company, the...
