by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
“For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,” EU foreign policy chief Kaja Kallas said in a post on X. Other measures adopted by EU include sanctions on dozens more vessels in Russia’s shadow...
by AIP Online Bureau | Jul 18, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
As part of the central bank’s climate disclosure rules, banks will be required to calculate gross emissions of borrowers and disclose this information by asset classes and industries, according to the draft norms. Such disclosures are expected to be included in...
by AIP Online Bureau | Jul 18, 2025 | International News, Risk Management, Technology
India’s Aircraft Accident Investigation Bureau (AAIB), which is leading the investigation into the crash, said in a statement on Thursday that “certain sections of the international media are repeatedly attempting to draw conclusions through selective and...
by AIP Online Bureau | Jul 17, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
According to preliminary estimates, 1H economic losses in the U.S. alone reached at least $126 billion, surpassing 1994 ($115 billion) as the costliest 1H on record and significantly above the 1H average since 2000 ($41 billion). In contrast, economic losses in all...
by AIP Online Bureau | Jul 17, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation
Industry expert said that with WestBridge Capital’s controlling stakes in both, KIWI General Insurance and Start Health, there may be a potential for merger. If that doesn’t happen then the only option is that WestBridge dilutes its holding in Star Health...
by AIP Online Bureau | Jul 17, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
Led by Tanmay Gore, director of Intersys India, located in Mumbai, will address a key challenge in the market: the difficulty of assessing and pricing cyber risk for organisations that often lack dedicated IT security resources Mumbai: London based Cyber security and...
by AIP Online Bureau | Jul 17, 2025 | Eco/Invest/Demography, International News, Risk Management
James Roberts, Partner, London, said: “Economic pressures are triggering disputes where once there may have been a more pragmatic renegotiation. Contractual tensions are particularly visible in sectors like professional services, construction, and technology, where...
by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life, Reinsurance, Risk Management
Pricing across most reinsurance lines continued to gradually fall, as it had at the January and April renewals, and rates for loss-free property programmes fell by 10%–15%. In contrast, US casualty pricing was broadly flat, and retrocession pricing and coverage...
by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life
John Neal, President-designate, AIG In this role, Neal will report to chairman & CEO, Peter Zaffino and lead AIG’s General Insurance organization, which includes the North America Commercial Insurance, International Commercial Insurance and Global Personal...
by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Technology
“India’s electric car sales penetration is likely to cross 7 per cent by FY28, provided rare earth disruption is resolved in a timely manner. With a robust pipeline of model launches, expanding EV charging infrastructure and battery localisation under the...
