by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Technology
According to data from Downdetector, reports of outages began surging in the evening (IST), with users flagging issues ranging from total website inaccessibility to internal server errors when attempting to generate AI responses. New Delhi:Major artificial...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Our expectations of further price declines – although less pronounced than in 2026 – amid abundant capacity drive the outlook. This, alongside rising claims costs, will lead to margin and revenue erosion, although not enough to materially affect the sector’s...
by AIP Online Bureau | Sep 3, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management, Technology
Govind Mohan,Union Home Secretary The meeting concluded with directions for continued inter-agency coordination, regular sharing of risk information and strengthening of early warning and response mechanisms to minimise loss of life and property in vulnerable...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The resumption of hostilities brought an abrupt end to a month of subdued military activity, during which oil shipments through the Strait of Hormuz recovered to roughly half of pre-war levels. The improvement in flows risks being curtailed, affecting supplies of oil,...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Countries across Europe are racing to harden power grids against sabotage, cyberattacks and military threats. The push follows Russia’s repeated attacks on Ukraine’s energy infrastructure and a series of sabotage incidents across Europe. Germany’s power grid was hit...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
The scale of attacks from Russia and Ukraine on commercial ships and port infrastructure has increased sharply and may rise further, said Corey Ranslem, chief executive of maritime security group Dryad Global. Tankers and cargo ships are transiting the Bosphorus...
by AIP Online Bureau | Sep 3, 2026 | Intermediaries, International News, Non-Life, Reinsurance
The launch comes at a moment of acute market focus on SRCC risk. Insured losses from civil unrest events have risen sharply in recent years, driven by an increasingly volatile geopolitical environment, yet the analytical tools available to the market have not kept...
by AIP Online Bureau | Sep 3, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Regulation
The scale of the claims is being driven primarily by engineering and construction exposures, highlighting the concentration of insured losses in large infrastructure projects following the August 26 disaster. Kathmandu:Insurance claims arising from the devastating...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, Indian News, Life
the bank’s shareholding in ICICI Life stands at approximately 52.8 per cent. New Delhi: ICICI Bank on Wednesday said it has raised its stake in its life insurance venture by buying a 2 per cent stake from its joint venture partner for a sum of Rs 1,470 crore....
by AIP Online Bureau | Sep 2, 2026 | Eco/Invest/Demography, International News
Costs of insuring projects may also increase as the recent flooding events “are likely to make insurers more cautious and the market for hydropower risks may harden further,” said Benjamin Ng, Asia power leader for Aon The devastating deluge that swept through the...
