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Chaucer and Ceto launch Lloyd’s marine MGA, integrating real-time vessel data into underwriting

Chaucer and Ceto launch Lloyd’s marine MGA, integrating real-time vessel data into underwriting

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

With the global fleet now averaging more than 22 years of service, vessel age and other uniform parameters in isolation are an increasingly blunt indicator of risk. The MGA’s underwriting method aligns insurance capacity more closely with demonstrated...
More than 40 energy assets across 9 countries in ME “severely or very severely” damaged by war

More than 40 energy assets across 9 countries in ME “severely or very severely” damaged by war

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News

The strikes last week on the Qatar’s Ras Laffan liquefied natural gas complex, which houses the world’s biggest export plant, reinforce concerns that turning the taps back on won’t be quick or easy, with an official estimate of as long as five years to repair the...
Iran reviews U.S. proposal to end Gulf war with initial negative response

Iran reviews U.S. proposal to end Gulf war with initial negative response

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News

Publicly, Iranian officials poured withering scorn on the prospect of any negotiations with the administration of U.S. President Donald Trump. But an apparent delay in delivering a formal response to Pakistan, which delivered a 15-point proposal on behalf of...
US jury finds Meta and Google liable for damages in social media addiction trial, to pay $3 million

US jury finds Meta and Google liable for damages in social media addiction trial, to pay $3 million

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The case involves a 20-year-old woman who said she became addicted to Google’s YouTube and Meta’s ⁠Instagram at a young age because of their attention-grabbing design. The jury found Google and Meta were negligent in the design ​of both apps and failed to...
India drug regulator tightens surveillance against unauthorised weight-loss drug sales

India drug regulator tightens surveillance against unauthorised weight-loss drug sales

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation

At least half a dozen Indian drugmakers, including Dr Reddy’s, Zydus and Sun Pharma, launched multiple brands of the ​blockbuster diabetes and weight-loss drugs, up to 70% cheaper than ​Novo Nordisk’s drugs in some cases, after the patent ⁠for semaglutide...
Stock markets’ two-day rally adds Rs 15.80 lakh cr to investors’ wealth

Stock markets’ two-day rally adds Rs 15.80 lakh cr to investors’ wealth

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Indian equities extended their recovery for the second consecutive session, supported by improving global cues and emerging hopes of a potential de-escalation in the ongoing US-Iran conflict,” Siddhartha Khemka – Head of Research, Wealth Management,...
Foreign ships from friendly countries allowed in Strait of Hormuz, says Iran

Foreign ships from friendly countries allowed in Strait of Hormuz, says Iran

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Iran has started charging transit fees on some commercial vessels passing the Strait of Hormuz, people familiar with the matter have said, the latest sign of its control over the world’s most important maritime energy route. The war in the West Asia has all-but...
Soft Market:Air India renews its $20 billion cover with just 10% hike despite $475 million claims from Ahemedabad crash

Soft Market:Air India renews its $20 billion cover with just 10% hike despite $475 million claims from Ahemedabad crash

by AIP Online Bureau | Mar 25, 2026 | Breaking News!, Indian News, Non-Life, Reinsurance

London market sources said AI’s premium has just risen by around 10 per cent over the last last year premium when it had paid $30 million covering $20 billion of assets and liabilities for around 300 aircraft. London/Mumbai:Post the Ahemedabad crash, Tata owned...
Markel expands its APAC W&I business, makes new appointments in Hong Kong and India

Markel expands its APAC W&I business, makes new appointments in Hong Kong and India

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Kevin Leung, Chief Underwriting Officer, Asia-Pacific, said: “Expanding our W&I capabilities across Asia Pacific is a natural progression, as demand for highly technical transactional risk solutions increases. Establishing dedicated underwriting presence in Hong...
Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Two of Lloyd’s Syndicates, Syndicate 2047 set up by Bobby Swarup’ Niyam Group and Syndicate 2454, belonging to Africa Specialty Risks(ASR), have already announced their decisions to be part Lloyd’s platform in the GIFT-IFSC. GIFT...
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Recent Posts

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  • West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
  • Iran woking on a draft bill to impose a fee on vessels seeking safe passage through Strait of Hormuz
  • Lagos State goes live with Parametric Flood Insurance policy, Protecting up to 4 million people

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