by AIP Online Bureau | Sep 6, 2026 | Workplace/Employee Benefits
The growing use of artificial intelligence and the threats posed by cyber risks are fundamentally changing the risk landscape. Although cyber risks currently present one of the greatest business risks, uptake of cyber insurance remains low. The increasing...
by AIP Online Bureau | Sep 6, 2026 | Workplace/Employee Benefits
Even as rescuers search for the thousands still missing in Nepal after catastrophic flooding that killed 1,250 people, the nation’s leaders face a second immense challenge — how to pay for recovery and rebuilding.The tab is expected to come to at least $5 billion, an...
by AIP Online Bureau | Sep 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The tranquil Atlantic is good news for the millions of people who live along the US East and Gulf coasts, or on Caribbean islands. It also means fewer disruptions for the oil and gas export terminals that line the Gulf of Mexico. September is usually the month when...
by AIP Online Bureau | Sep 6, 2026 | Eco/Invest/Demography, Non-Life, Technology
OpenAI has faced increased scrutiny since its own AI agent breached systems at open-source platform Hugging Face during a July test and attempted to hide its actions. Similar concerns have emerged at rival Anthropic. Both firms are preparing for mega IPOs. OpenAI said...
by AIP Online Bureau | Sep 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Gianfranco Lot, Swiss Re’s Chief Underwriting Officer P&C Re, says: “We are seeing the digital economy become a real economy. AI needs data centres, power grids and increasingly complex infrastructure – and all of it needs insurance. That creates...
by AIP Online Bureau | Sep 5, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Eleven Nepali hydropower projects lie in the affected region, some covered by standard commercial insurance policies that are still being assessed, said Toton Chakraborty, CEO of Oriental Insurance Company Nepal. MUMBAI:The devastating flood in Nepal last week could...
by AIP Online Bureau | Sep 5, 2026 | Indian News, Non-Life, Workplace/Employee Benefits
The income of a homemaker needs to be calculated based on the minimum wages of a skilled worker. NEW DELHI: A Motor Accident Claims Tribunal (MACT) here has awarded Rs 86.45 lakh compensation to the family of a 31-year-old woman, who lost her life in a 2017 accident,...
by AIP Online Bureau | Sep 4, 2026 | Health, Indian News, Life
The commission, however, pointed out that the medical examination form submitted on May 20, 2021, before the policy issuance, clearly stated the insured consumed “whisky of 90 ml twice in a month since 15 years”. Further, relying on Supreme Court orders...
by AIP Online Bureau | Sep 4, 2026 | Indian News, Risk Management
The state is working towards what could be the country’s first dedicated GLOF Risk Mitigation Protocol, aimed at creating a standardised scientific framework for assessing, preparing for and mitigating glacial flood risks. GANGTOK: The eastern Himalayan state of...
by AIP Online Bureau | Sep 4, 2026 | Indian News, Non-Life, Regulation, Reinsurance
“In view of a non-negative result for psychoactive substances for one of the flight crew, it is recommended that DGCA may take appropriate actions as deemed fit to prevent abuse of psychoactive substances,” AAIB said in its interim safety recommendation....
