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Aon reports $111 billion global catastrophe losses in H1, Insured events above average

Aon reports $111 billion global catastrophe losses in H1, Insured events above average

by AIP Online Bureau | Jul 22, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Among the period’s defining events were the Venezuela earthquake (preliminary $20-30 billion economic loss), Portugal’s costliest windstorm on record ($4.4 billion economic loss) and an active SCS season across the U.S. ($34 billion economic loss)....
Govt advances small reactor plans, targets five nuclear units by 2033

Govt advances small reactor plans, targets five nuclear units by 2033

by AIP Online Bureau | Jul 22, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology

India, which is keen to expand its use of clean energy, last year opened its nuclear generation sector to domestic ​and foreign firms in the private sector. It aims to expand ​nuclear capacity to 100 GW by 2047 from about 8.8 GW at present. NEW DELHI: India said on...
OpenAI Models hacked another company’s systems by mistake

OpenAI Models hacked another company’s systems by mistake

by AIP Online Bureau | Jul 22, 2026 | International News, Technology

“We consider this to be an unprecedented cyber incident, involving state-of-the-art cyber capabilities, and are responding accordingly,” OpenAI said in the blog post. “We are sharing preliminary findings at this stage to help defenders understand what happened and to...
Lloyd’s finds former CEO John Neal breached compliance rules over undisclosed relationship

Lloyd’s finds former CEO John Neal breached compliance rules over undisclosed relationship

by AIP Online Bureau | Jul 22, 2026 | International News

John Neal, former CEO Lloyd’s of London An investigation found that Neal failed to disclose the relationship with the group’s former corporate affairs director Rebekah Clement even after concerns were raised by colleagues, according to a statement Wednesday....
PFRDA opens on-tap licensing for pension fund managers in India

PFRDA opens on-tap licensing for pension fund managers in India

by AIP Online Bureau | Jul 21, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation

“Earlier, registration of Pension Funds was undertaken through applications invited during specified registration windows. Pursuant to the decision of the Authority, the registration process is now being opened on a continuous ‘on-tap’ basis and...
Insurance woes amid US-Iran war stall airlines’ return to Dubai

Insurance woes amid US-Iran war stall airlines’ return to Dubai

by AIP Online Bureau | Jul 21, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

International carriers’ operations to Dubai are growing but some key European airlines still aren’t making the trip because of government travel advisories for the region, according to Dubai Airports Chief Executive Officer Paul Griffiths. “They are having difficulty...
Global insurance premiums hit $7.1 trillion in 2025, but structural challenges persist: Bain

Global insurance premiums hit $7.1 trillion in 2025, but structural challenges persist: Bain

by AIP Online Bureau | Jul 21, 2026 | Workplace/Employee Benefits

Lowering the cost of risk will be critical for insurers seeking to increase relevance and expand the market, Bain advises. Its report identifies four levers for doing so: claims, distribution, operating expenses, and capital. Global insurers delivered strong premium...
10 killed in Sikkim tunnel collapse: CM

10 killed in Sikkim tunnel collapse: CM

by AIP Online Bureau | Jul 21, 2026 | Eco/Invest/Demography, Indian News

Sikkim Chief Minister Prem Singh Tamang said the tunnel of NHPC Teesta Stage VI Hydroelectric Project at Samardung in Jholungey caved in due to a landslide.A total of 25 people, including project officials and workers, were trapped inside the ADIT-3 tunnel when it...
Floods, landslides across northern India kill at least 25

Floods, landslides across northern India kill at least 25

by AIP Online Bureau | Jul 21, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News

GUWAHATI/SRINAGAR: At least 25 people died in floods and landslides caused by torrential rain across northern and northeastern India over ​the weekend, officials said on Monday, with more rain ‌predicted over the next few days. At least 23 people have died and seven...
Supreme Court asks IRDAI to standardise cross-border Motor Insurance clauses

Supreme Court asks IRDAI to standardise cross-border Motor Insurance clauses

by AIP Online Bureau | Jul 21, 2026 | Indian News, Non-Life, Regulation

The bench said insurers have, in many cases, exploited this ambiguity either to escape liability which they should rightfully bear, or conversely, found themselves burdened with the liability they never intended to assume simply because their policy language was...
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Recent Posts

  • Aon reports $111 billion global catastrophe losses in H1, Insured events above average
  • Govt advances small reactor plans, targets five nuclear units by 2033
  • OpenAI Models hacked another company’s systems by mistake
  • Lloyd’s finds former CEO John Neal breached compliance rules over undisclosed relationship
  • PFRDA opens on-tap licensing for pension fund managers in India

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