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India forecasts sub-par monsoon after two years of above-average rains

India forecasts sub-par monsoon after two years of above-average rains

by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News

“Currently weak ⁠La Nina-like conditions are transitioning to neutral conditions. But after June it’s very likely that El Nino will develop,” Mrutyunjay Mohapatra, ​director-general of the India Meteorological Department, said. NEW DELHI: India is...
AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks

AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Wall Street banks have started testing Mythos internally after the Trump administration this week warned executives they should take the model seriously and deploy its capabilities to detect vulnerabilities. Anthropic’s Mythos, a new AI model the company and...
Oil tankers steer clear of Hormuz ahead of US blockade

Oil tankers steer clear of Hormuz ahead of US blockade

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Trump’s announcement effectively slowed oil tanker movements in the strait, with just two Iranian-linked tankers leaving the Gulf. In normal trading conditions, crude and products loaded from Iranian ports are typically headed for China, with India a recent buyer of...
Ping An seeks to sell $1 billion software-focused PE assets

Ping An seeks to sell $1 billion software-focused PE assets

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Technology

Private market managers allocated hundreds of billions of dollars to software over the last 15 years, betting that software-as-a-service business models would generate high growth and reliable cashflows. That focus became increasingly concentrated during the period,...
Hedge Fund money is reshaping a 180-year-old reinsurance model

Hedge Fund money is reshaping a 180-year-old reinsurance model

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy

Reinsurers covered just over 10% of total insured catastrophe losses in 2024, well below the historical average of 20%, according to S&P Global Ratings. The industry’s biggest firms have more than halved their exposure to insured disaster losses in recent years,...
Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas

Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The developments threatened to prolong and widen a war that has led to thousands of deaths and roiled global energy markets, with higher oil and gas prices threatening to stoke inflation while slowing economic growth. Around the world, there’s now a desperate effort...
LIC board approves 1:1 bonus issuance,Govt plans an OFS of corporation

LIC board approves 1:1 bonus issuance,Govt plans an OFS of corporation

by AIP Online Bureau | Apr 13, 2026 | Indian News, Life, Policy

In a regulatory filing, the bonus issue will be done by capitalising Rs 6,325 crore out of reserves and surplus available with LIC as of December 31, 2025. The bonus issue would pave way for further share sale or offer for sale (OFS) of LIC. The government, according...
Rise of AI demands new approach to cyber underwriting:CyberCube

Rise of AI demands new approach to cyber underwriting:CyberCube

by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

William Altman, Director of Cyber Threat Intelligence Services and report author, said, “AI is compressing the cyberattack lifecycle, reducing the time threat actors spend between initial compromise and operational disruption, and in some cases enabling impact to...
Govt drops any merger plans among PSU general insurers

Govt drops any merger plans among PSU general insurers

by AIP Online Bureau | Apr 12, 2026 | Indian News, Non-Life, Policy

Though, the government had not announced any specific plans for the mergers among PSU general insurers-New India Assurance, Oriental Insurance, United India Insurance, United India Insurance-  in recent times, the Department of Financial Services(DFS) was...
Trump says US to start blockading the Strait of Hormuz immediately

Trump says US to start blockading the Strait of Hormuz immediately

by AIP Online Bureau | Apr 12, 2026 | Eco/Invest/Demography, International News

President Donald Trump Trump made his ​remarks in a Truth Social post ⁠hours after U.S-.Iran peace talks ended without a ​deal. Trump said the meeting “went well, most ​points were agreed,” but added the two sides had not agreed on Iran’s nuclear...
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