by AIP Online Bureau | Oct 27, 2025 | Briefs, Non-Life, Reinsurance
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has appointed Andrew Aldwinckle as International Casualty Chief Underwriting Officer (CUO), effective 1 February 2026. Based in London, Aldwinckle will oversee LM Re’s international casualty...
by AIP Online Bureau | Oct 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News
Madoff’s fraud was estimated as much as $64.8 billion, making it the biggest-ever Ponzi scheme, a kind of fraud whereby old investors are paid off with funds from newer ones while the organizer siphons off some of the money for themselves HSBC Holdings said on Monday...
by AIP Online Bureau | Oct 27, 2025 | Eco/Invest/Demography, International News, Technology
The satellites should be able to provide global coverage of data that could be supplied to the aviation, shipping and insurance industries. It could also be used by wind-farm operators, Chief Executive Officer of Stellerus David Liu said Hong Kong startup Stellerus...
by AIP Online Bureau | Oct 27, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News
The cyclone is likely to turn into a severe storm by Tuesday, before crossing the coast of Andhra Pradesh later in the day, the India Meteorological Department (IMD) said HYDERABAD: India moved 50,000 people to relief camps on Monday as it began evacuations a day...
by AIP Online Bureau | Oct 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation
Foreign interest in India’s banking industry is on the rise as evidenced by Dubai-based Emirates NBD’s recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp’s $1.6 billion acquisition of a 20% stake in Yes Bank which...
by AIP Online Bureau | Oct 27, 2025 | Eco/Invest/Demography, International News, Regulation, Technology
The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they had to move to higher-priced Microsoft 365 personal and family plans that included Copilot...
by AIP Online Bureau | Oct 27, 2025 | Eco/Invest/Demography, Indian News, Risk Management
The top court noted the submissions of Solicitor General Tushar Mehta, appearing for the CBI, that cyber crime and digital arrest cases are originating from off-shore locations like Myanmar and Thailand and directed the probe agency to come up with a plan to probe...
by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Chris Methven, Chief Growth Officer at CyberCube, said,“Our analytics are designed to help (re)insurers like MS Amlin navigate a rapidly evolving threat landscape and make confident, data-informed decisions. This collaboration reflects the growing demand for...
by AIP Online Bureau | Oct 26, 2025 | International News, Non-Life, Reinsurance
Franz-Josef Hahn, Chief Executive Officer, Peak Re. Post completion, KKR and Quadrantis Capital are expected to hold approximately 11.27% and approximately 1.80% of Peak Re’s issued share capital, respectively, with the remaining approximately 86.71% continuing to be...
by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, Indian News
The shipping sector has expanded, with the number of Indian-flagged vessels increasing from 1,205 to 1,549 and gross tonnage from 10 to 13.52 million tonnes New Delhi: Nearly 95 per cent of India’s trade by volume and about 70 per cent by value moves through...
