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World facing “biggest energy security threat in history”: IEA chief Fatih Birol

World facing “biggest energy security threat in history”: IEA chief Fatih Birol

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Risk Management

Fatih Birol ,executive director,International Energy Agency The core of the current disruption remains the Strait of Hormuz, a primary maritime artery that previously facilitated the transport of 20 million barrels of oil and petroleum products daily. The passage is...
PwC pays $166 million to settle HK Evergrande audit probe

PwC pays $166 million to settle HK Evergrande audit probe

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management

PwC “turned a blind eye” to Evergrande’s fraud, the Chinese securities regulator has said. PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant...
Goldman Sachs settles shareholder lawsuit over Malaysian 1MDB scandal

Goldman Sachs settles shareholder lawsuit over Malaysian 1MDB scandal

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management

Goldman agreed in 2020 to pay $2.9 billion in penalties and have a Malaysian unit admit criminal wrongdoing to settle 1MDB probes by the U.S. Justice Department and other authorities. Goldman Sachs has agreed to settle a class-action lawsuit accusing the Wall Street...
Ex-Credit Suisse team plans $1 billion Fund for Data Center Risk

Ex-Credit Suisse team plans $1 billion Fund for Data Center Risk

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

It would be the first time a product in the market for insurance-linked securities specifically targets data-center risk, according to Hilti. Euler plans to structure the vehicle as a so-called sidecar, meaning investors will take a quota share of an insurer’s risk....
Protracted closure of Hormuz may lead to a wave of disputes: CFOs

Protracted closure of Hormuz may lead to a wave of disputes: CFOs

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Risk Management

“We expect a lot of financial disputes and a lot of force majeure,” Mercuria Energy Group Ltd. CFO Guillaume Vermersch said at the Financial Times Global Commodities Summit, adding that how the situation plays out out could shape some of the firm’s profit this year....
FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Indian News, Risk Management

The meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector, sources said, adding that banks have been urged to take preemptive measures to secure their systems, data and money of customers. New Delhi:Finance Minister...
Health Insurance:A clear gap between awareness and action

Health Insurance:A clear gap between awareness and action

by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Health, Non-Life

A report by Niva Bupa Health Insurance highlights that health insurance ownership in India correlates more strongly with financial maturity than income levels alone. Policyholders demonstrate better financial discipline, including stronger portfolio diversification,...
FSIB invites application from pvt sector too for selection of public sector banks’ EDs

FSIB invites application from pvt sector too for selection of public sector banks’ EDs

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Indian News, Policy

Inclusion of candidates from the private sector is a departure from the set procedure, and this is the first time that the Financial Services Institutions Bureau (FSIB) would consider them for selection for more than half a dozen vacancies of EDs expected to be...
AI Advatage:Leading companies focus on growth,not just productivity

AI Advatage:Leading companies focus on growth,not just productivity

by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Technology

“Insurance comes out as one of the stronger sectors in the survey, with solid groundwork in place for using AI. It has clear direction and strong controls around security and risk, however, it is not yet using AI as widely as the top performers. The biggest gap...
AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

“The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex.”CS Setty,chairman, SBI Mumbai:Artificial intelligence will play a...
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Recent Posts

  • World facing “biggest energy security threat in history”: IEA chief Fatih Birol
  • PwC pays $166 million to settle HK Evergrande audit probe
  • Goldman Sachs settles shareholder lawsuit over Malaysian 1MDB scandal
  • Ex-Credit Suisse team plans $1 billion Fund for Data Center Risk
  • Protracted closure of Hormuz may lead to a wave of disputes: CFOs

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