by AIP Online Bureau | Apr 1, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Global demand for reinsurance increased by approximately 10 percent at the April 1 renewal, as buyers used favorable market conditions to secure more comprehensive protection, with some expected to return to the market post‑renewal to explore additional purchases. In...
by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits
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by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Niyam is a reinsurance platform based in GIFT City, connecting global capital with opportunities in India and other high-growth markets. Niyam Syndicate 2047 at Lloyd’s will support the development of the Indian reinsurance market in alignment with India’s...
by AIP Online Bureau | Mar 31, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance
Reinsurers have been surprised with the price drop on risk which has been more than expectations, mainly due to previous years good results and interest in the Indian risks. With uncertainty in the Gulf, the interest on Indian risks is also higher. Overall many...
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London’s High Court ruled in June that AerCap can recover just over $1 billion from its “war risks insurers,” though that was less than the roughly $2 billion it sought under a broader all-risks clause. London:Insurers, including Chubb, Fidelis and syndicates at...
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Looking ahead, mid-year 2026 renewals are expected to face more complex conditions globally. Upward pricing pressure across marine, energy and political violence is anticipated as the full impact of the Hormuz crisis is absorbed, and reinsurers reassess aggregation,...
by AIP Online Bureau | Mar 31, 2026 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy
Sanjay Lohiya, special secretary, Department of Financial Services Lohiya has been appointed as a Special Secretary, Department of Financial Services, Ministry of Finance by temporarily upgrading a vacant post of Joint Secretary in the Department. will take over as...
by AIP Online Bureau | Mar 31, 2026 | International News, Life, Non-Life, Technology
“The AI era successfully opened the window for reshaping services.The returns on investment are tangible, highly visible, and unequivocally compelling.” Ping An’s Chief Technology Officer Ray Wang said. Five years ago, almost no accident and health insurance claims at...
by AIP Online Bureau | Mar 31, 2026 | Workplace/Employee Benefits
Mayuree Naree, owned by Bangkok-based Precious Shipping Pcl, was struck on March 11 by Iranian projectiles while transiting the strategic waterway in ballast. Of the 23 crew members on board, 20 were rescued by the Omani navy after abandoning the vessel in a lifeboat....
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The strike on the Kuwait-flagged Al-Salmi is the latest attack on merchant vessels by missiles or explosive air and sea drones in the Gulf and Strait of Hormuz since the U.S. and Israel attacked Iran on February 28. TEL AVIV/WASHINGTON: Iran attacked and set ablaze a...
