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Attack on Qatari LNG vessel in Hormuz challenges US mediation

Attack on Qatari LNG vessel in Hormuz challenges US mediation

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Three separate attacks on ships would mark the highest number since the US and Iran signed an interim peace deal last month, underscoring the continued risks to ships crossing through Hormuz. Tehran has repeatedly said it won’t allow vessels to transit the waterway...
Banks’ exposure to heat-related losses faces scrutiny in EU

Banks’ exposure to heat-related losses faces scrutiny in EU

by AIP Online Bureau | Jul 7, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation

Heat-related damage tends to be less straightforward to measure than losses caused by floods and wildfires, the EBA said. For now, the next stress test measuring European bank resilience will focus on flood risk. The process, which extends into 2027, will be handled...
Financial services AI dangers highlighted by regulator’s review

Financial services AI dangers highlighted by regulator’s review

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Regulation, Technology

Regulators globally have begun to focus more keenly on the impact of AI, from cyber and operational risks associated with frontier AI models such as Anthropic’s Mythos to the challenges posed by the agentic systems capable of acting with limited human intervention....
AI’s biggest challenge is restoring trust in insurance, says PwC

AI’s biggest challenge is restoring trust in insurance, says PwC

by AIP Online Bureau | Jul 7, 2026 | Indian News, Life, Non-Life, Technology

L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC’s...
EL Nino to hit India’s energy system harder than anywhere else in world: CREA report

EL Nino to hit India’s energy system harder than anywhere else in world: CREA report

by AIP Online Bureau | Jul 7, 2026 | Climate, Environment, Renewable Energy, Data

“Combine the lost output from renewables and the increased demand for power, and India could face a generation gap of nearly 18 TWh (terrawatt hour). Currently, the most likely outcome is a surge in coal-fired power, which would release an estimated 17 million...

Liberty General Insurance organises road safety and insurance awareness drive in Delhi

by AIP Online Bureau | Jul 7, 2026 | Briefs, Non-Life

On the occasion of Insurance Awareness Day, Liberty General Insurance organised a five-day Road Safety and Insurance Awareness Drive across select petrol pumps in Delhi to sensitise vehicle owners about the importance of insurance, responsible accident response, and...
Trump says there will either be a deal with Iran or US will ‘finish the job’

Trump says there will either be a deal with Iran or US will ‘finish the job’

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News

Donald Trump,President .US “We’re either going to make a deal or we’re ​going to finish the job. OK. And it won’t be tough to finish the job. I’d rather make a deal, because I don’t want to affect 91 ​million people,” Trump...
Google loses final appeal against €4.1 billion EU antitrust fine

Google loses final appeal against €4.1 billion EU antitrust fine

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The Android fine was imposed in 2018, a year after the Commission fined Google €2.42 billion ($2.77 billion) for using its shopping comparison service to gain an unfair advantage over smaller rivals. Google lost an appeal against that in 2021. Alphabet’s Google last...
LIC highlights stronger profitability, market leadership in investor presentation

LIC highlights stronger profitability, market leadership in investor presentation

by AIP Online Bureau | Jul 6, 2026 | Indian News, Life

Outlining its future priorities, the corporation said its strategy would focus on increasing the share of non-participating products, strengthening profitability, expanding bancassurance and alternate distribution channels, accelerating digital transformation, and...
Europe faces prolonged heatwave amid rising fire and electricity risks

Europe faces prolonged heatwave amid rising fire and electricity risks

by AIP Online Bureau | Jul 6, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Climate change is intensifying periods of extreme heat on the fastest-warming continent. The record-breaking heat and drought have fueled the worst start ever to the global wildfire season, with climate scientists warning that a developing El Niño could bring even...
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Recent Posts

  • Attack on Qatari LNG vessel in Hormuz challenges US mediation
  • Banks’ exposure to heat-related losses faces scrutiny in EU
  • Financial services AI dangers highlighted by regulator’s review
  • AI’s biggest challenge is restoring trust in insurance, says PwC
  • EL Nino to hit India’s energy system harder than anywhere else in world: CREA report

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