by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We have permitted certain countries that we consider friendly to pass through (Strait of Hormuz). We allowed China, Russia, India, Iraq, and Pakistan to transit,” Iranian Foreign Minister Seyed Abbas Araghchi said, according to Iranian State TV. Tehran/New Delhi:...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
Demand for Political Violence and Terrorism cover has risen sharply, particularly among Western operated assets in the Gulf, with pricing multiples increasing and underwriting becoming more selective. Aviation, cyber and trade related lines are also seeing elevated...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, International News, Policy
According to the semi-official Fars, the plan would be finalised next week, and would legally recognize Iran’s oversight of Hormuz, a vital conduit which connects some of the world’s largest oil and gas producers in the Persian Gulf with the wider world. The Iranian...
by AIP Online Bureau | Mar 26, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
The parametric flood-risk product was designed by a team of Insurance Development Forum(IDF)member insurance organizations in partnership with the Lagos State Government, including AXA Climate, AXA Mansard in Nigeria, Swiss Re, flood modeler JBA Risk Management,...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, Health, International News, Non-Life
Despite the higher claim environment, the domestic segment strengthened its underwriting performance. Underwriting profit rose 32% to S$289 million in 2025, up from S$219 million in 2024. This reflects the continued resilience of Singapore’s general insurance market....
by AIP Online Bureau | Mar 26, 2026 | Indian News, Non-Life, Reinsurance
Sonia Rawal as chief executive pfficer, Allianz Jio Reinsurance “Allianz Jio Re is well positioned to provide insurers with innovative and robust risk solutions. The joint venture will support India’s insurance sector by combining global technical expertise with...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
SEBI Chairman Tuhin Kanta Pandey noted that the regulator is prioritizing the safety of a rapidly expanding investor base that now exceeds 140 million unique participants. He explained that with more than 140 million unique investorsIndia’s securities market...
by AIP Online Bureau | Mar 26, 2026 | Health, Indian News, Technology
The Bengaluru-based company plans to use the fresh capital to scale marketing and sales efforts to expand its presence in India’s corporate insurance market, deepen technology investments – particularly in AI-driven claims operations – and expand...
by AIP Online Bureau | Mar 25, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy
On November 18 last year, a three-judge bench headed by the then Chief Justice of India (CJI) B R Gavai reversed by a majority of 2:1 its own verdict by an interim order and paved the way for retrospective environmental clearance to projects found violating...
by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
With the global fleet now averaging more than 22 years of service, vessel age and other uniform parameters in isolation are an increasingly blunt indicator of risk. The MGA’s underwriting method aligns insurance capacity more closely with demonstrated...