by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, Indian News, Policy
Ashwini Vaishnaw,Information and Broadcasting Minister “Additionally, this is expected to help businesses maintain their operations, protect jobs, and sustain supply chains. The proposed credit guarantee scheme is a major step to help businesses, particularly...
by AIP Online Bureau | May 5, 2026 | International News, Non-Life, Reinsurance, Risk Management
The case is the latest example of how oil traders and shippers are struggling to adjust to the disruption wrought by the near-closure of the Strait of Hormuz, with executives and lawyers already predicting a slew of legal disputes. A legal claim from one of the...
by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The U.S. military said on Monday it destroyed six Iranian small boats, as well as cruise missiles and drones, after President Donald Trump sent the navy to escort stranded tankers through the strait in a campaign he called “Project Freedom.” WASHINGTON/CAIRO:A fragile...
by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Based on the information received so far, Edison now expects a reduction in future deliveries from QatarEnergy of around one third of the annual contracted volumes, before taking into account any potential mitigation actions, the utility said. MILAN: QatarEnergy has...
by AIP Online Bureau | May 5, 2026 | International News, Life, Non-Life, Technology
While AI is accelerating the industry’s ambitions, digital maturity is what determines whether those ambitions translate into durable advantage Study shows a widening gap between digital leaders and laggards because of how effectively they convert digital...
by AIP Online Bureau | May 5, 2026 | International News, Non-Life, Risk Management
Charlie Shamieh,chairman, Gen Re Berkshire owns reinsurer Gen Re, where Shamieh has served as chairman since 2018. Before that, he held leadership positions at AIG Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance...
by AIP Online Bureau | May 5, 2026 | Data, Eco/Invest/Demography, Technology
The data showed that the transition towards EVs continued to deepen across categories. In the three-wheeler segment, EV penetration rose significantly, with EV share reaching 60.38 per cent. In passenger vehicles, EV share improved to 5.77 per cent, while in the...
by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
“Conflicts, supply‑chain disruption and sanctions exposure are testing policy language, capacity and claims assumptions simultaneously. Organizations that stress‑test their programs now will have far more options than those forced to react later, Joe Peiser, CEO of...
by AIP Online Bureau | May 5, 2026 | Indian News
“Nonetheless, in view of the preceding discussion and the statutory framework provided in the 1986 Consumer Protection Act as well as the 2019 Consumer Protection Act, we conclude that upon the death of the alleged medically negligent doctor, his/her legal heirs can...
by AIP Online Bureau | May 5, 2026 | Intermediaries, International News
Jaideep Sharma has been appointed as new CEO for Indian market while Nicholas Lee as new CEOs of its Malaysian operations. Mumbai:Lockton, a global re/insurance broker, has appointed Jaideep Sharma and Nicholas Lee as new CEOs of its Indian and Malaysian operations....