by AIP Online Bureau | Aug 11, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Wildfire risk has so far accounted for only a relatively small share of insured losses in Europe. Yet it is the fastest-growing weather peril globally. Insured wildfire losses in Europe have increased by an estimated 8–11% per year in real terms since 1970, Swiss Re...
by AIP Online Bureau | Aug 11, 2026 | Indian News
“The screening test in respect of the Pilot-in-Command (PIC) indicated a result requiring confirmatory testing. Samples have accordingly been sent to the designated laboratory for confirmatory analysis, and the final report is awaited,” the Civil Aviation...
by AIP Online Bureau | Aug 11, 2026 | Indian News, Intermediaries, Regulation
Girija Subramanian, member, Distribution, IRDAI Except the post of member, Actuary, all other Member positions have now been filled.Dinesh Pant, managing director, Life Insurance Corporation, who has already been selected for the post member, Actuary , is yet to join...
by AIP Online Bureau | Aug 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
The thematic tracks will focus on deposit mMobilisation, banking for youth, supporting the investment cycle, supporting global capability centres, agriculture & horticulture value chain infrastructure, re-imagining the credit card business, and priority sector...
by AIP Online Bureau | Aug 11, 2026 | Eco/Invest/Demography, Indian News, Policy
Nirmala Sitharaman,Union Finance Minister Clarifying the position on smaller businesses, Sitharaman said, “Small merchants remain central to UPI’s inclusive growth. We are not going to impose any MDR on them. We don’t intend to.” She further...
by AIP Online Bureau | Aug 10, 2026 | International News, Non-Life, Reinsurance
“If underwriting discipline and pricing integrity can be maintained despite record levels of capital, the industry may indeed be in the midst of a meaningful evolution of the reinsurance market. If not, history may once again demonstrate that the fundamental dynamics...
by AIP Online Bureau | Aug 10, 2026 | Disaster & Management, Eco/Invest/Demography, International News
Colombia’s Pacific region around the quake’s epicenter lies along the “Ring of Fire”, the line of seismic faults encircling the Pacific Ocean where most of the world’s earthquakes occur. BOGOTA, Colombia: A powerful 7.4 magnitude earthquake struck western Colombia on...
by AIP Online Bureau | Aug 10, 2026 | Eco/Invest/Demography, Indian News, Risk Management
On August 9, the civil aviation ministry said that in the AI2379 flight incident, injuries were reported to a few passengers and cabin crew members on board. There were 137 passengers, including three infants, and eight crew members on board. New Delhi:Air...
by AIP Online Bureau | Aug 10, 2026 | Eco/Invest/Demography, International News
“Generally, when you provide maritime services, you must be reimbursed for them,” Iranian Foreign Ministry spokesperson Esmaeil Baghaei Tehran: Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated on Monday that fees should be charged for maritime...
by AIP Online Bureau | Aug 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Seven stand alone health insurers (SAHIs) together have grown their premium income by 30 per cent to Rs 4666 crore in July Mumbai:Boosted by Health and Motor segments, the Indian general insurance industry has seen a growth of 10.50 per cent year-on-year(Y-o-Y) in...
