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Trump steps back from Hormuz fee plan in favour of Gulf investment deals

Trump steps back from Hormuz fee plan in favour of Gulf investment deals

by AIP Online Bureau | Jul 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States ​will be making into the United States,” he said in a post...
New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’

New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’

by AIP Online Bureau | Jul 13, 2026 | Indian News, Non-Life, Reinsurance

LtoR-Girija Subramanian, CMD, New India Assurance,G Srinivasan,MD&CEO,Galaxy Health Insurance,SK Kanwar, Advisor, Reliance Industries,BCPatnaik, Director, National Insurance Academy and Amit Roy,Partner and Leader- Insurance & Allied Businesses · PwC...
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The renewed violence casts further doubt on the future of an interim U.S.-Iranian agreement signed last month that aimed to reopen the strait and end the ​war after a further 60 days of negotiations.The renewed violence casts further doubt on the future of an interim...
Bavi hits China, Millions evacuated

Bavi hits China, Millions evacuated

by AIP Online Bureau | Jul 12, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Scientists say climate change is increasingly exposing the world’s second-largest economy to destructive weather events, with this year of particular concern due to the expected emergence of the El Nino weather pattern, which could drive up temperatures and fuel more...

US eyes steering wheel-free cars

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

“If you’re developing a vehicle that is designed never to be driven by a human operator, it doesn’t make any sense to require manual controls,” Jonathan Morrison, administrator of the National Highway Traffic Safety Administration, said The head of the top US auto...
Strongest El Niño in 75 years, says US Climate Prediction Center

Strongest El Niño in 75 years, says US Climate Prediction Center

by AIP Online Bureau | Jul 12, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

“Even the strongest El Niño events do not lead to the typical impact everywhere, but stronger events can more significantly tilt the odds in favor of expected outcomes,” the Climate Prediction Center said. El Niño “will strengthen through the end of the year, with a...
China unveils to make Shanghai an international reinsurance center

China unveils to make Shanghai an international reinsurance center

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance

The several measures comprise eight provisions focusing on guiding institutional layout, improving unified registration, accelerating platform development, enhancing capacity supply, deepening reform and opening-up, expanding cross-border cooperation, strengthening...
Rs 67.48 lakh compensation awarded to kin of man killed in bus accident

Rs 67.48 lakh compensation awarded to kin of man killed in bus accident

by AIP Online Bureau | Jul 12, 2026 | Data, Non-Life

Presiding Officer Manish Sharma heard the claim petition filed by the family of Shakeel Ahmed and directed Reliance General Insurance Company Ltd, the insurer of the offending bus, to pay Rs 67,48,200 along with interest at 9 per cent per annum to the victim’s family....
EPFO invites applications from provident fund trusts for amnesty scheme

EPFO invites applications from provident fund trusts for amnesty scheme

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for six months, a labour ministry statement said. New Delhi:Retirement fund body Employees’ Provident Fund Organisation has invited applications for an...
More countries move to ban social media for children

More countries move to ban social media for children

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Technology

Social media has been banned for under-16s in Australia since December last year, while Brazil introduced a law in March requiring platforms to link the accounts of users aged under-16 to those of their parents, while also requiring platforms to verify users’ ages....
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Recent Posts

  • Trump steps back from Hormuz fee plan in favour of Gulf investment deals
  • New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’
  • Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed
  • Bavi hits China, Millions evacuated
  • US eyes steering wheel-free cars

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