by AIP Online Bureau | Jul 15, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
“In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate...
by AIP Online Bureau | Jul 15, 2025 | International News, Risk Management, Technology
The precautionary moves by India, South Korea and some airlines in other countries came despite the planemaker and the U.S. Federal Aviation Administration telling airlines and regulators in recent days that the fuel switch locks on Boeing jets are safe.The locks have...
by AIP Online Bureau | Jul 15, 2025 | International News
Boeing has settled more than 90% of the civil lawsuits related to the two accidents, involving two fatal 737 MAX crashes in 2018 and 2019 that together killed 346 people, paying out billions of dollars in compensation through lawsuits, a deferred prosecution agreement...
by AIP Online Bureau | Jul 14, 2025 | Health, Indian News, Non-Life
The IRDAI is yet to announce range of its board decisions on Monday officially and clarify how it intends to sort out WestBridge’s plan to be a majority stakeholder in both, KIWI General Insurance and Star Health Insurance, where a few segments including Health...
by AIP Online Bureau | Jul 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Maritime security sources said even though shipping companies must step up due diligence on any tangential link to Israel before sailing through the Red Sea, the risk of attack was still high. Commercial ships still sailing through the Red Sea are broadcasting...
by AIP Online Bureau | Jul 14, 2025 | Indian News, Life
Ramachandran Doraiswamy, MD&CEO, Life Insurance Corporation He will be retiring on 31st Aug,2028 after turning 62 Mumbai: Ramachandran Doraiswamy, 58, has taken charge as CEO & MD of Life Insurance Corporation on Monday after the government cleared his...
by AIP Online Bureau | Jul 14, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The report stated that healthy growth in the core wealth management (WM) segment is expected to continue, supported by opportunities to expand the client base, strengthen relationship manager (RM) networks, and improve productivity New Delhi: Amid India’s...
by AIP Online Bureau | Jul 14, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
In March this year, Infosys had informed the stock exchanges that Infosys McCamish Systems reached an agreement to settle six class action lawsuits in the United States, in relation to 2023 cyber incident. Under the proposed terms, Infosys McCamish Systems had agreed...
by AIP Online Bureau | Jul 14, 2025 | Intermediaries, International News, Non-Life, Reinsurance
David Kim, Head of Korea at Miller, added,“We expect to expand into other lines as we capitalise on the potential for close collaboration with our strong foundations in the London marine market.” London: Miller, an independent specialist (re)insurance broker,...
by AIP Online Bureau | Jul 14, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The findings come as the industry grapples with an intensifying mismatch between risk exposure and pricing adequacy — a gap that MS Amlin cautions could leave communities underprepared for the financial fallout of future storms. MS Amlin CEO, Andrew Carrier’s...
