by AIP Online Bureau | Aug 1, 2025 | Eco/Invest/Demography, Indian News, Policy
This week, the Trump administration cited the purchases as a reason to hit India with hefty import tariffs and also threatened more unspecified penalties for taking the oil. New Delhi has since asked refiners to devise and share plans on sourcing crude from elsewhere...
by AIP Online Bureau | Jul 31, 2025 | Indian News, Policy, Risk Management, Technology
Over the next five years, more than 7,000 students from every district of Odisha will gain “futuristic and job-ready skills in AI, blockchain, InsurTech and digital finance”, an official release said. Bhubaneswar: The Odisha government on Thursday announced the launch...
by AIP Online Bureau | Jul 31, 2025 | Indian News, Non-Life, Policy, Risk Management
DGCA found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved simulators and a poor rostering system, according to a government report seen by Reuters. NEW DELHI: India’s aviation regulator...
by AIP Online Bureau | Jul 31, 2025 | Indian News, Policy
The country’s state refiners – Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd – have not sought Russian crude in the past week or so, four sources familiar with the refiners’ purchase...
by AIP Online Bureau | Jul 31, 2025 | International News, Non-Life, Reinsurance
The sale is part of Markel’s broader strategy to simplify operations and grow the business by empowering local expert teams to serve the distinct needs of their core specialty insurance markets. RICHMOND, Va: Markel Insurance, the insurance operations within...
by AIP Online Bureau | Jul 31, 2025 | Health, Indian News, Life, Non-Life
The company’s insurance premium grew 36%, led by a 65% rise in new health insurance policies New Delhi: PB Fintech reported a 40% rise in first-quarter profit on Thursday, as more consumers turned to digital platforms for insurance products. The company posted a...
by AIP Online Bureau | Jul 31, 2025 | Intermediaries, International News, Non-Life
Rupert Moore,CEO-designate, Reinsurance, Asia Pacific Moore will relocate to Singapore later this year and serve as an advisor to Aon’s APAC CEO Jennifer Richards to help advance the firm’s Risk Capital strategy for Japan DUBLIN: Global re/insurance intermediary Aon...
by AIP Online Bureau | Jul 31, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management
The danger had largely passed more than a day after the 8.8 magnitude quake, which was centered off the coast of the Kamchatka Peninsula in Russia’s Far East. No major damage was reported and tsunami warnings were canceled in most areas. HONOLULU: One of the most...
by AIP Online Bureau | Jul 31, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
“All the ingredients for a protest are in place — someone just needs to light the match,” Mpumi Tyikwe, the insurer’s chief executive officer, said in an interview in Bloomberg’s Johannesburg office last week. “We can handle a significant event now. I think anything...
by AIP Online Bureau | Jul 31, 2025 | International News, Risk Management, Technology
The app—which boasts 4.6 million users—is pitched as a “dating safety platform” that women can use to steer clear of men who are adulterous, dishonest, or worse. The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security...
