by AIP Online Bureau | Jul 8, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
London’s dominance in insurance-market infrastructure makes it an obvious destination for issuers of catastrophe bonds and other ILS products, says Caroline Wagstaff, chief executive of the London Market Group, whose members include insurers operating in the world’s...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Technology
The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit’s chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich....
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In the past 24 hours, war insurance rates for ships inside the Gulf have already ticked higher towards 3% of the value of a vessel from 2% at the end of last week, said the sources, who declined to be named due to the sensitivity of the matter. Some war underwriters...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
L-R:Haribhau Kisanrao Bagde,Governor, Rajasthan, Dr Lavanya Mundayur, CMD, AIC, Rajnath Singh, Union Defence Minister,Justice P Sathasivam,Former Chief Justice of India and Former Governor of Kerala at the the Agriculture Leadership Awards ceremony on Wednesday in New...
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In a flare-up of hostilities that pushed oil prices up to a two-week high, Iran said it had targeted U.S. military sites in Bahrain and Kuwait after U.S. forces struck Iranian targets in response to attacks on tankers in the Strait of Hormuz. Ankara: U.S....
by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Jérôme Haegeli, Swiss Re’s Group Chief Economist, said,”The latest Middle East conflict is not a one-off shock but another sign that geopolitical risk has become a structural feature of the global economy with four supply shocks in six years. As economies...
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...
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...
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....
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...
