by AIP Online Bureau | Jun 26, 2026 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Technology
The report by Zurich Kotak General Insurance and Zurich Resilience Solutions finds that nearly 90% of the planned renewable energy generation capacity across India is likely to face high or critical risk exposure, i.e. a ~15% to 30% chance of experiencing a major...
by AIP Online Bureau | Jun 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
S&P said South Asia is especially exposed to second-order risks of the West Asia conflict.India is the world’s largest urea importer and relies heavily on Gulf suppliers, India is the world’s largest urea importer and relies heavily on Gulf suppliers,...
by AIP Online Bureau | Jun 25, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
The NDF is a blended risk transfer vehicle designed to mitigate climate-related challenges and build resilience for low-and-middle-income countries and currently has a portfolio of more than $100m of risks. LONDON: MS Amlin, the Lloyd’s global specialist (re)insurer,...
by AIP Online Bureau | Jun 25, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Policy
Wednesday evening’s 7.2 and 7.5 magnitude earthquakes were among the strongest to strike Venezuela in more than a century and could be felt throughout the region. The country’s main airport was damaged and closed, while buildings were evacuated in places as far...
by AIP Online Bureau | Jun 25, 2026 | Data, Life, Non-Life, Reinsurance
AI is rapidly becoming the new divider between leaders versus followers and laggards in insurance.Insurers leading are redesigning their operational model leveraging a cloud and AI-native core technology foundation that deeply integrates AI into the business and...
by AIP Online Bureau | Jun 24, 2026 | Briefs, Life
Sunil Agrawal, chief financial officer(CFO) and Key Managerial Personnel(KMP) of ,Life Insurance Corporation has resigned on Wednesday to pursue better prospects.His resignation will be effective from July 14. Jayasimhan Madabhushi Matam Tirumala, executive Director...
by AIP Online Bureau | Jun 24, 2026 | Indian News, Risk Management
The blaze at the STT Global Data Centres India facility, owned by Singapore’s ST Telemedia and India’s Tata Communications , caused “extensive damage” to parts of the site, making data recovery difficult, a Tata Communications unit said in a...
by AIP Online Bureau | Jun 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Banks should establish human oversight for AI models used in automated decision-making, the draft guidelines said.For generative AI models that interface with customers or external users, additional cybersecurity controls should be implemented. MUMBAI:...
by AIP Online Bureau | Jun 24, 2026 | Indian News, Regulation, Technology
The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values. In a move aimed at enhancing policyholder...
by AIP Online Bureau | Jun 24, 2026 | Intermediaries, International News, Non-Life
This is the latest in a series of senior hires reinforcing Howden Re’s commitment to Hong Kong and China as a strategic focus for Howden Re as it continues to build specialist capabilities across the Asia-Pacific region. London: Howden Re, the global reinsurance,...
