by AIP Online Bureau | Aug 1, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The coalition would strengthen maritime security, safeguard freedom of navigation, secure international trade routes and energy supply lines, and protect shared maritime interests in the Bab el-Mandeb Strait and the Gulf of Aden. Saudi Arabia on Thursday unveiled...
by AIP Online Bureau | Aug 1, 2026 | Data, Eco/Invest/Demography, Life, Non-Life, Technology
The report said insurers will increasingly have to choose between competing through scale and cost or through deep specialisation, while building the technology, data and operating capabilities required to respond at “technology speed”. Companies that...
by AIP Online Bureau | Jul 31, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We’ve seen repeatedly how climate change increases hot, dry, flammable conditions that are extremely conducive to wildfires,” said Clair Barnes, a research associate in extreme weather at Imperial College London, who co-authored the WWA analysis. BRUSSELS:...
by AIP Online Bureau | Jul 31, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Sanjeev Kumar, Secretary, Department of Defence Production Addressing a seminar in Pune on ‘Military Explosives & Propellants — Safety and Compliance and Quality Assurance, Defence Production’, Sanjeev Kumar, Secretary, Department of Defence...
by AIP Online Bureau | Jul 31, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Given Japan’s proneness to natural disasters, manufacturers have for decades sought to strengthen the resilience of parts supply and this latest quake, which has claimed the lives of 34 people, will be a test of how robust their efforts have been. The 7.1-magnitude...
by AIP Online Bureau | Jul 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Historical data no longer provide an adequate foundation on which to base loss probabilities, which is why the industry now relies “heavily” on forward-looking scenario analysis, Aon’s Bruce said. And Europe’s ability to generate reliable catastrophe risk models will...
by AIP Online Bureau | Jul 31, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Technology
K Rajaraman, chairman, International Financial Services Centres Authority The main objective of IFSCA is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform for the entire region...
by AIP Online Bureau | Jul 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
War risk premiums for voyages through the southern Red Sea have already jumped to between 1% to 2% of the value of a ship from 0.3% before the Houthi announcement, sources have said.. Attacks on ships by Yemen’s Houthis have prompted London’s marine insurance market...
by AIP Online Bureau | Jul 30, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Regulation
Most of the exposure from the July 28 quake in Kumamoto is tied to commercial properties, as well as residential coverage under Japan’s earthquake insurance system, he said. Insurance claims from this week’s earthquake in Japan may top the 175 billion yen ($1.1...
by AIP Online Bureau | Jul 30, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
L to R: Debasish Prusty, additional secretary,Department Financial Services , Sanjay Lohiya, secretary,DFS, Shyam Jagannathan,director general, Shipping*extreme right) in an event in New Delhi on Thursday In an event in New Delhi, Sanjay Lohiya, secretary, Department...
