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Rajaraman gets extension as IFSCA chairman till 65

Rajaraman gets extension as IFSCA chairman till 65

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...
Houthis’ Red Sea attacks prompt London insurers to widen high-risk zone

Houthis’ Red Sea attacks prompt London insurers to widen high-risk zone

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...
Japan earthquake’s insurance claims may top $1.1 billion: Bloomberg Intelligence

Japan earthquake’s insurance claims may top $1.1 billion: Bloomberg Intelligence

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...
Lohiya launches New India’s first sovereign-backed P&I cover under BMIP, war risk prm falls 35-40%

Lohiya launches New India’s first sovereign-backed P&I cover under BMIP, war risk prm falls 35-40%

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...
Assam nad Orissa flood remain grim; IMD predicts heavy rainfall in Arunachal, Nagaland,Mahanadi water levels continue to rise

Assam nad Orissa flood remain grim; IMD predicts heavy rainfall in Arunachal, Nagaland,Mahanadi water levels continue to rise

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...
ICICI MF buys 1% stake in Go Digit General Insurance for ₹139 cr

ICICI MF buys 1% stake in Go Digit General Insurance for ₹139 cr

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...
Global CAT losses at nearly $112bn, only $44bn insured: Munich Re

Global CAT losses at nearly $112bn, only $44bn insured: Munich Re

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...
New India Assurance insures Skyroot’s Vikram-1 space mission

New India Assurance insures Skyroot’s Vikram-1 space mission

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...
Willis urges smarter data centre insurance buying as capacity demand nears $15billion

Willis urges smarter data centre insurance buying as capacity demand nears $15billion

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...
Fitch warns AI market correction emerging as major global credit risk

Fitch warns AI market correction emerging as major global credit risk

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...
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Recent Posts

  • Rajaraman gets extension as IFSCA chairman till 65
  • Houthis’ Red Sea attacks prompt London insurers to widen high-risk zone
  • Japan earthquake’s insurance claims may top $1.1 billion: Bloomberg Intelligence
  • Lohiya launches New India’s first sovereign-backed P&I cover under BMIP, war risk prm falls 35-40%
  • Assam nad Orissa flood remain grim; IMD predicts heavy rainfall in Arunachal, Nagaland,Mahanadi water levels continue to rise

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