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Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilution

Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilution

by AIP Online Bureau | Sep 14, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology

Sanjay Joshi,CMD Oriental Insurance Company “We are targeting to make some profit this year…the proceeds from the NSE IPO would be booked as profit. It will improve the company’s financials. Besides, it is going to provide liquidity,” Oriental...
BRICS moves to build reinsurance allince, places climate and disaster resilience high on agenda

BRICS moves to build reinsurance allince, places climate and disaster resilience high on agenda

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

Hitesh Joshi,CMD, GIC Re Iranian President Masoud Pezeshkian, called for the creation of a BRICS reinsurance company with initial capital of $10 billion Hitesh Joshi,CMD, GIC Re, said, “With India holding the BRICS Presidency in 2026, GIC Re chaired meetings of...
7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim dispute

7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim dispute

by AIP Online Bureau | Sep 14, 2026 | Eco/Invest/Demography, Non-Life

The complainant firm is a wholly owned subsidiary of Switzerland-based Victorinox AG. It deals with export, import and distribution of travel bags, knives, luxury watches, cutlery and other consumer products manufactured by its parent company in India. The firm had...
India to pursue Seafarers’ Emergency Support Network, confident of global backing: MEA

India to pursue Seafarers’ Emergency Support Network, confident of global backing: MEA

by AIP Online Bureau | Sep 13, 2026 | Eco/Invest/Demography, International News, Risk Management

Sudhakar Dalela, Secretary (ER), Ministry of External Affairs The proposal assumes significance amid heightened geopolitical tensions and disruptions along key maritime routes and energy chokepoints, highlighting the need for greater international coordination to...
“I think that will happen”: OpenAI CEO Sam Altman hints at safety pact with other AI companies

“I think that will happen”: OpenAI CEO Sam Altman hints at safety pact with other AI companies

by AIP Online Bureau | Sep 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Sam Altman,Chief Executive Officer,OpenAI Urgency has mounted following recent security breaches involving autonomous agent swarms compromising platforms like Hugging Face and covertly exchanging data across disused digital repositories. Compounding these pressures,...
Iran, Oman agree on new entry, exit routes for Strait of Hormuz: Report

Iran, Oman agree on new entry, exit routes for Strait of Hormuz: Report

by AIP Online Bureau | Sep 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The development comes amid heightened tensions in West Asia, with the strategic waterway remaining a key focus of regional and international attention.The Iranian and Omani sides reached an understanding on the new routes following consultations, with details set to...
“Exponential growth of AI a warning sign”: Anthropic CEO Dario Amodei continues push for AI safeguards

“Exponential growth of AI a warning sign”: Anthropic CEO Dario Amodei continues push for AI safeguards

by AIP Online Bureau | Sep 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Dario Amodei,CEO,Anthropic Amodei then proposed a three-step plan for pacing the frontier and building AI at a balanced rate that aims to ensure its safety. These include; each frontier AI company committing to giving ongoing, employee-like access to a team of...
National Lok Adalat gives compensation of Rs 2.4 cr to kin of banker killed in Navi Mumbai accident

National Lok Adalat gives compensation of Rs 2.4 cr to kin of banker killed in Navi Mumbai accident

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

Banker Khurshid Ahmad was 49 at the time of incident and had an annual income of Rs 25 lakh. THANE:The National Lok Adalat held in Belapur in Navi Mumbai on Saturday resolved a motor accident claim by awarding compensation of Rs 2.40 crore to the family of a deceased...
Saudi shuts key oil pipeline as Houthis control Red Sea coast

Saudi shuts key oil pipeline as Houthis control Red Sea coast

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

The 1,200-kilometre (745-mile) pipeline running across the Arabian Peninsula had helped Saudi Arabia to bypass a shipping logjam in the Strait of Hormuz, where tanker traffic has slowed to a trickle due to the war between the US and Iran. Saudi Arabia has shut down...

by AIP Online Bureau | Sep 11, 2026 | Workplace/Employee Benefits

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Recent Posts

  • Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilution
  • BRICS moves to build reinsurance allince, places climate and disaster resilience high on agenda
  • 7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim dispute
  • India to pursue Seafarers’ Emergency Support Network, confident of global backing: MEA
  • “I think that will happen”: OpenAI CEO Sam Altman hints at safety pact with other AI companies

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