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Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas

Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas

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

The developments threatened to prolong and widen a war that has led to thousands of deaths and roiled global energy markets, with higher oil and gas prices threatening to stoke inflation while slowing economic growth. Around the world, there’s now a desperate effort...
LIC board approves 1:1 bonus issuance,Govt plans an OFS of corporation

LIC board approves 1:1 bonus issuance,Govt plans an OFS of corporation

by AIP Online Bureau | Apr 13, 2026 | Indian News, Life, Policy

In a regulatory filing, the bonus issue will be done by capitalising Rs 6,325 crore out of reserves and surplus available with LIC as of December 31, 2025. The bonus issue would pave way for further share sale or offer for sale (OFS) of LIC. The government, according...
Rise of AI demands new approach to cyber underwriting:CyberCube

Rise of AI demands new approach to cyber underwriting:CyberCube

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

William Altman, Director of Cyber Threat Intelligence Services and report author, said, “AI is compressing the cyberattack lifecycle, reducing the time threat actors spend between initial compromise and operational disruption, and in some cases enabling impact to...
Govt drops any merger plans among PSU general insurers

Govt drops any merger plans among PSU general insurers

by AIP Online Bureau | Apr 12, 2026 | Indian News, Non-Life, Policy

Though, the government had not announced any specific plans for the mergers among PSU general insurers-New India Assurance, Oriental Insurance, United India Insurance, United India Insurance-  in recent times, the Department of Financial Services(DFS) was...
Trump says US to start blockading the Strait of Hormuz immediately

Trump says US to start blockading the Strait of Hormuz immediately

by AIP Online Bureau | Apr 12, 2026 | Eco/Invest/Demography, International News

President Donald Trump Trump made his ​remarks in a Truth Social post ⁠hours after U.S-.Iran peace talks ended without a ​deal. Trump said the meeting “went well, most ​points were agreed,” but added the two sides had not agreed on Iran’s nuclear...
US-Iran peace talks end without a deal as delegations leave Pakistan

US-Iran peace talks end without a deal as delegations leave Pakistan

by AIP Online Bureau | Apr 12, 2026 | Eco/Invest/Demography, International News

“The bad news is that we have not reached an agreement, and I think that’s bad news for Iran much more than it’s bad news for the United States of America,” said Vice President JD Vance, the head of the U.S. delegation. ISLAMABAD: The U.S. and...
State can’t differentiate between serving employees and pensioners on DA: SC

State can’t differentiate between serving employees and pensioners on DA: SC

by AIP Online Bureau | Apr 10, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

In a significant judgment upholding the right to equality for retirees, a bench comprising Justice Manoj Misra and Justice Prasanna B Varale dismissed appeals filed by the State of Kerala and the Kerala State Road Transport Corporation (KSRTC) and affirmed that...
Rajive Kumaraswami to succeed V. Suryanarayanan as MD & CEO of Chola MS

Rajive Kumaraswami to succeed V. Suryanarayanan as MD & CEO of Chola MS

by AIP Online Bureau | Apr 10, 2026 | Indian News, Non-Life

Kumaraswami brings over three decades of experience across insurance and banking and has been closely associated with the insurance sector since its liberalisation,where he led the organisation through a sustained phase of growth. Chennai: Rajive Kumaraswami will...
Strait of Hormuz remains largely blocked as stranded shipowners seek safe transit

Strait of Hormuz remains largely blocked as stranded shipowners seek safe transit

by AIP Online Bureau | Apr 9, 2026 | Workplace/Employee Benefits

Ships that transport energy make up a large part of the fleet that’s stuck inside the gulf, data from intelligence firm Kpler show. There are currently 426 tankers hauling crude oil and clean fuels, plus 34 liquefied petroleum gas carriers and 19 liquefied natural gas...
Shipowners rushing  for insurance cover to transit Strait of Hormuz

Shipowners rushing for insurance cover to transit Strait of Hormuz

by AIP Online Bureau | Apr 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The Strait of Hormuz remained largely blocked as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight Shipowners are placing “huge volume requests” for insurance...
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