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Govt yet to take a finall call on stopping import of Russian oil

Govt yet to take a finall call on stopping import of Russian oil

by AIP Online Bureau | Feb 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

India’s Directorate General of Shipping has until Friday to extend the approvals of four Russian insurers, its website shows. Four other Russian ones don’t need to renew their approvals until 2029 and 2030. The Indian government must decide in the next few days...
Verisk downplays AI disruption fears as quarterly profit beats estimates

Verisk downplays AI disruption fears as quarterly profit beats estimates

by AIP Online Bureau | Feb 19, 2026 | Workplace/Employee Benefits

“High-quality data is critical for accuracy and effectiveness, and Verisk is in a unique position as one of very few providers who currently aggregate data from multiple sources,”Verisk CEO Lee Shavel said Verisk’s fourth-quarter profit topped Wall Street expectations...
Environmental groups challenge decision to revoke basis of climate regulations

Environmental groups challenge decision to revoke basis of climate regulations

by AIP Online Bureau | Feb 19, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

US President Donld Trump has said he believes climate change is a hoax, and has withdrawn the United States from the Paris Agreement, leaving the world’s largest historic contributor to global warming out of international efforts to combat it in addition to killing...
AI:ERGO aims to cut about 1,000 positions in Germany

AI:ERGO aims to cut about 1,000 positions in Germany

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Technology

The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesman said on Tuesday. They will take place over five years through the end of 2030, with ERGO saying there will be no forced redundancies during this time. Munich Re’s primary...
New GIC Re CMD to be selected by FSIB on Feb 24

New GIC Re CMD to be selected by FSIB on Feb 24

by AIP Online Bureau | Feb 18, 2026 | Indian News, Regulation, Reinsurance

A few names including Ashok Lahoty,appointed actuary of state owned National Insurance Company along with three senior most officials of GIC Re,Hitesh Joshi, executive director and acting CMD,Jayshree Bala,ED GIC Re and V Balkrishna, general manager along with others...
HDI Global launches new global strategies for expanding international footprint

HDI Global launches new global strategies for expanding international footprint

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, International News, Non-Life

Edgar Puls, CEO of HDI Global. HDI Global will sharpen its international footprint in selected regions and open new markets. A key focus is North America, as well as dynamic growth regions such as South East Asia and the Middle East Hannove:HDI Global aims to further...
Aon sets up a new office in Mumbai

Aon sets up a new office in Mumbai

by AIP Online Bureau | Feb 18, 2026 | Briefs, Intermediaries, Non-Life, Reinsurance, Risk Management

Rishi Mehra, CEO, India and Head of Strategy, Human Capital, Asia Pacific, Aon Global re/insurance broker Aon plc announced that it is combining its three existing Mumbai offices into a single, modern corporate location at One Unity Centre in Lower Parel, Mumbai. The...
Aon appoints Nick Fraccalvieri as CEO of global facultative for its Reinsurance Solutions

Aon appoints Nick Fraccalvieri as CEO of global facultative for its Reinsurance Solutions

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology

In his new role, Fraccalvieri will be responsible for setting the strategic direction and driving the execution of Aon’s global facultative reinsurance strategy, with ceded facultative at the core of the proposition. He will also lead the development of new digital...
Bayer proposes $7.25 billion plan for all Roundup cancer cases

Bayer proposes $7.25 billion plan for all Roundup cancer cases

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

The plaintiffs say they developed non-Hodgkin lymphoma and other forms of cancer due to using the weedkiller, either at home or on the job. Bayer said on Tuesday its Monsanto unit had filed a proposed U.S. class settlement totaling as much as $7.25 billion aimed at...
Nagaraju inaugurates facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries

Nagaraju inaugurates facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries

by AIP Online Bureau | Feb 17, 2026 | Health, Indian News, Policy

M. Nagaraju, Secretary, Department of Financial Services (DFS), inaugurated facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries at the premises of DFS in New Delhi today The Paripoorna Mediclaim Ayush Bima has been launched by New...
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