by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
“AI-enabled cyber attacks emerged as the most important near-term challenge,” it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified...
by AIP Online Bureau | Jul 1, 2026 | Health, Indian News
Prudential Health India.Prudential plc (UK) and HCL Group announced a 70:30 joint venture in March 2025 to launch a standalone health insurance business in India. Hyderabad: The Insurance Regulatory and Development Authority of India (IRDAI) has granted Certificate of...
by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Daily rates for a VLCC from the Middle East to China are currently quoted around $287,000, which is down from more than $500,000 shortly before the peace accord was announced.In contrast, rates for chartering smaller tankers have edged higher as the heavy...
by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, International News, Regulation, Technology
The Australian Competition & Consumer Commission said Tuesday it has commenced proceedings in the Federal Court alleging Amazon breached consumer law by including unfair contract terms in its Prime subscription contracts. It also alleges Amazon later relied on...
by AIP Online Bureau | Jun 30, 2026 | Health, Indian News, Life, Regulation
R Doraiswamy, MD&CEO, Life Insurance Corporation and Ajay Seth, Chairman, IRDAI at an event on Tuesday in Mumbai , Seth raised concerns over selling long-term products without considering customer needs, questioning the rationale for selling term insurance to an...
by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, Indian News, Risk Management
Nirmala Sitharaman,Union Finance Minister At the same time, moderation in select indicators, including core industries, fuel consumption, air passenger traffic, consumer confidence, and labour market indicators, suggests some easing in momentum,” it said. New...
by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, Indian News, Risk Management
India received 99.5 mm of rainfall in June against a normal of 165.3 mm, the weather department data showed, as the monsoon reached the southern state of Kerala three days late and its advance across western farming regions stalled for about two weeks....
