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OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

by AIP Online Bureau | Aug 4, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

AI safety experts said the new disclosures paint a portrait of a group of cutting-edge labs whose ability to develop dangerous autonomous hacking agents outstrips their ability to keep them under control. OpenAI has discovered other instances in which autonomous...
Hackers hit Bitcoin’s safest hiding place in ongoing attack

Hackers hit Bitcoin’s safest hiding place in ongoing attack

by AIP Online Bureau | Aug 4, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Hackers have found a software flaw in a brand of “cold” Bitcoin wallet — considered one of the safest places to store cryptocurrency — and are siphoning tens of millions of dollars in an ongoing attack. Hackers have found a software flaw in a brand of “cold” Bitcoin...
Wildfires fan record sales of Cat Bonds to backstop risk

Wildfires fan record sales of Cat Bonds to backstop risk

by AIP Online Bureau | Aug 4, 2026 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Wildfire risk is now the fastest-growing category of natural-catastrophe peril globally, with insured losses rising roughly 12% a year, according to KatRisk, a risk modeling firm. At the same time, investors are getting more comfortable with the financial models being...
SC says catastrophically injured child loses childhood, dignity and future, enhances compensation

SC says catastrophically injured child loses childhood, dignity and future, enhances compensation

by AIP Online Bureau | Aug 3, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Recomputing the compensation under various heads, including future earnings, attendant charges, pain and suffering, loss of amenities and future prospects, the Supreme Court enhanced the compensation to Rs 83.38 lakh with interest at 9 per cent per annum from the date...
US FAA certifies Boeing 737 MAX 7 in win for planemaker

US FAA certifies Boeing 737 MAX 7 in win for planemaker

by AIP Online Bureau | Aug 3, 2026 | International News, Risk Management, Technology

Boeing has faced a more stringent certification process since two fatal MAX 8 crashes in 2018 and 2019, as well as scrutiny of the company’s production and quality systems after a January 2024 mid-air cabin panel blowout on a nearly new Alaska Airlines MAX 9....
India sees post-Covid dip in highway fatalities as safety measures pay off

India sees post-Covid dip in highway fatalities as safety measures pay off

by AIP Online Bureau | Aug 3, 2026 | Data, Eco/Invest/Demography

According to figures tabled in the Lok Sabha by the Ministry of Road Transport and Highways (MoRTH), deaths on national highways and centrally managed expressways dropped 4.1 per cent in the past year, sliding from 64,772 to 62,122. New Delhi: For the first time since...
Average cost of data breach in India hits record Rs 25 crore: IBM Report

Average cost of data breach in India hits record Rs 25 crore: IBM Report

by AIP Online Bureau | Aug 3, 2026 | Data, Eco/Invest/Demography, Risk Management, Technology

“India’s accelerating AI adoption is creating immense opportunities for innovation, but it is also enabling cyber threats to evolve rapidly. The findings underscore that organisations using AI and strong governance, were significantly better positioned to...
Domestic investors overtake FIIs in Indian equities as DII ownership hits record high

Domestic investors overtake FIIs in Indian equities as DII ownership hits record high

by AIP Online Bureau | Aug 3, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Over the past 22 months, DIIs have invested a record $166 billion in Indian equities, more than offsetting cumulative foreign outflows of $58 billion during the same period. Mumbai: Backed by strong mutual fund inflows and sustained retail participation, DIIs have not...
100 pc FDI can make insurance more cheaper: Sanjeev Mantri

100 pc FDI can make insurance more cheaper: Sanjeev Mantri

by AIP Online Bureau | Aug 3, 2026 | Indian News, Intermediaries, Non-Life, Technology

Sanjeev Mantri,MD&CEO, ICICI Lombard General Insurance said that the penetration will not suffer even if regulator Irdai changes the commission structures to the proposed persistency-based one rather than the long-standing one of payments to distributors over the...
Govt launches 2.5% OFS in LIC; floor price fixed at Rs 382 per share, may raise Rs 31,410 crore

Govt launches 2.5% OFS in LIC; floor price fixed at Rs 382 per share, may raise Rs 31,410 crore

by AIP Online Bureau | Aug 3, 2026 | Indian News, Life, Policy, Wealth Management/ Philanthropy

“Offer for Sale in LIC opens tomorrow for Non-Retail investors. Retail investors can bid on Wednesday. Government offers to disinvest 2.5% equity with an additional 4% as a green shoe option. Floor price has been fixed as Rs 382 per share. This will help achieve...
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