by AIP Online Bureau | Jun 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Iran’s Revolutionary Guards said they had attacked U.S. bases in Kuwait and Bahrain in retaliation for U.S. strikes and fired at four tankers trying to cross the strait without its permission. DUBAI/WASHINGTON: U.S. forces struck Iranian coastal radar sites on...
by AIP Online Bureau | Jun 6, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
Corporate India’s renewed focus on sustainability comes amid rising global concerns over climate change, extreme weather events and resource constraints. Businesses are facing increasing pressure from investors, regulators and consumers to demonstrate measurable...
by AIP Online Bureau | Jun 6, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology
Described as a “collaborative effort to secure the world’s most important software”, Project Glasswing is Anthropic’s initiative aimed at strengthening cybersecurity by giving select organisations access to Claude Mythos Preview, an advanced AI...
by AIP Online Bureau | Jun 5, 2026 | Data, Eco/Invest/Demography, Non-Life, Policy
Prime Minister Narendra Modi said the 7.7 per cent GDP growth for fiscal 2025-26 shows the foundation of India’s economy was strong, and the country can manage itself amidst the ongoing global turmoil with the collective effort of its 140 crore citizens. He maintained...
by AIP Online Bureau | Jun 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
“We have issued the required advisories. We remain fully prepared in terms of handling cyber security threats of this nature as well as conventional threats,” RBI Deputy Governor Swaminathan J said Mumbai:The Reserve Bank of India (RBI) on Friday said it...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
Ajay Seth, chairman, IRDAI Seth encouraged insurers to actively leverage the Joint Expert Group on Ind AS, comprising representatives from IRDAI, ICAI, IAI, NFRA and SEBI, as a platform for seeking guidance and resolving implementation-related issues during the...
by AIP Online Bureau | Jun 5, 2026 | Indian News, Non-Life, Technology
“Indian consumers have a real trust deficit in insurance. With Kiwi, we’re using technology and AI to solve the problems of affordability, reach, and convenience,“ Nilesh Garg,chairman,founder, Kiwi Insurance Mumbai:Bengaluru based Kiwi General Insurance, backed...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Debasish Prusty, additional secretary, Department of Financial Services The re/insurers should explore the future roadmap in three steps: achieving sovereignty in maritime trade through development of a Protection and Indemnity(P&I) product domestically, scaling...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The company has faced pushback from others in the industry – and officials in the White House – who say its focus on worst-case scenarios overstates the risks and amounts to a strategy for slowing rivals under the cover of safety concerns. Artificial...
by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
According to NSE block deal data, JP Morgan, through its affiliate JP Morgan (Taiwan) Eastern Technology Fund, and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares, representing nearly a 0.4% stake in the Bengaluru-based insurer.The transaction marks a...