by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In a flare-up of hostilities that pushed oil prices up to a two-week high, Iran said it had targeted U.S. military sites in Bahrain and Kuwait after U.S. forces struck Iranian targets in response to attacks on tankers in the Strait of Hormuz. Ankara: U.S....
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Jérôme Haegeli, Swiss Re’s Group Chief Economist, said,”The latest Middle East conflict is not a one-off shock but another sign that geopolitical risk has become a structural feature of the global economy with four supply shocks in six years. As economies...
by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Three separate attacks on ships would mark the highest number since the US and Iran signed an interim peace deal last month, underscoring the continued risks to ships crossing through Hormuz. Tehran has repeatedly said it won’t allow vessels to transit the waterway...
by AIP Online Bureau | Jul 7, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation
Heat-related damage tends to be less straightforward to measure than losses caused by floods and wildfires, the EBA said. For now, the next stress test measuring European bank resilience will focus on flood risk. The process, which extends into 2027, will be handled...
by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Regulation, Technology
Regulators globally have begun to focus more keenly on the impact of AI, from cyber and operational risks associated with frontier AI models such as Anthropic’s Mythos to the challenges posed by the agentic systems capable of acting with limited human intervention....
by AIP Online Bureau | Jul 7, 2026 | Indian News, Life, Non-Life, Technology
L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC’s...
by AIP Online Bureau | Jul 7, 2026 | Climate, Environment, Renewable Energy, Data
“Combine the lost output from renewables and the increased demand for power, and India could face a generation gap of nearly 18 TWh (terrawatt hour). Currently, the most likely outcome is a surge in coal-fired power, which would release an estimated 17 million...
by AIP Online Bureau | Jul 7, 2026 | Briefs, Non-Life
On the occasion of Insurance Awareness Day, Liberty General Insurance organised a five-day Road Safety and Insurance Awareness Drive across select petrol pumps in Delhi to sensitise vehicle owners about the importance of insurance, responsible accident response, and...
by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News
Donald Trump,President .US “We’re either going to make a deal or we’re going to finish the job. OK. And it won’t be tough to finish the job. I’d rather make a deal, because I don’t want to affect 91 million people,” Trump...
by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The Android fine was imposed in 2018, a year after the Commission fined Google €2.42 billion ($2.77 billion) for using its shopping comparison service to gain an unfair advantage over smaller rivals. Google lost an appeal against that in 2021. Alphabet’s Google last...
