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Denmark plans $1 billion war insurance for its merchant fleet

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
Berkshire outguns market as Buffett reaches 60 years in charge

Berkshire outguns market as Buffett reaches 60 years in charge

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Warren Buffet, chairman, Berkshire Hathaway Buffett took over Berkshire in a fit of anger in 1965, when management of the then-flailing textile company shortchanged him when he offered to sell back his shares. He later called Berkshire “the dumbest stock I ever...
Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed

Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, Indian News, Risk Management

Flash floods were triggered in the Chenab River, prompting the authorities in the Reasi and Akhnoor sectors to issue warnings against venturing near the riverbank.”Vehicular movement has stopped from both sides on the Jammu-Srinagar National Highway due to...
FSIB selects United India’s Sanjay Joshi as new CMD of Oriental Insurance

FSIB selects United India’s Sanjay Joshi as new CMD of Oriental Insurance

by AIP Online Bureau | May 2, 2025 | Indian News, Non-Life, Policy

Sanjay Joshi, selected CMD of Oriental Insurance Company The FSIB, the head hunting agency for selecting executive directors and CMDs and CEO and MDs of state owned financial institutions, had interviewed five candidates, -Joshi, Rekha Solanki, ED, National Insurance...
Allahabad HC seeks details after UP says 82 bridges in state ‘unsafe’

Allahabad HC seeks details after UP says 82 bridges in state ‘unsafe’

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“A detailed chart regarding the location and life of the bridges shall also be placed on record so that effective monitoring of bridge safety is considered and implemented in a planned manner by the State Government,” the order said Lucknow: The Lucknow...

Megatrends: 4 Interconnected Issues Driving Global Uncertainty For Business and Society

by AIP Online Bureau | May 1, 2025 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography

The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed,” said Greg Case, president and CEO of Aon Aon plc a leading global professional...

Despite moderation in recent months, stock markets added 2.1 cr new investors in FY26: NSE Report

by AIP Online Bureau | May 1, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“investor base stood at 11.3 crore at the end of Mar’25 adding 2.1 crore new investors during the year, translating into a strong 23.2 per cent growth during the year…., Recent months however, have seen some moderation in investor registrations, with the Month of...
Peak Re raises $50 million through its second Cat bond

Peak Re raises $50 million through its second Cat bond

by AIP Online Bureau | May 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Franz-Josef Hahn, CEO, Peak Re For the first time, India has been included in a 144A catastrophe bond, expanding risk transfer to one of the region’s fastest growing and most dynamic markets Hong Kong: Peak Reinsurance Company (Peak Re) has raised $50 million through...
DIFC records a 35% jump in gross written premiums from $ 2.6bn to $ 3.5bn in 2024

DIFC records a 35% jump in gross written premiums from $ 2.6bn to $ 3.5bn in 2024

by AIP Online Bureau | May 1, 2025 | Eco/Invest/Demography, International News, Reinsurance

Arif Amiri, Chief Executive Officer of DIFC Authority, said, “With over 125 insurance and reinsurance entities having their operations in DIFC , it is well positioned to broaden and deepen its role as the region’s leading insurance hub. With its progressive and...

Large-cap funds delivered better returns than Nifty; Small-cap funds struggled in March: Report

by AIP Online Bureau | May 1, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

It said “Out of the 298 open-ended equity diversified funds, about 38.64 per cent of the funds were able to outperform their respective benchmarks over the past one month, ended March 31st, 2025”. Mumbai:In a mixed month for equity mutual funds, 38.64 per cent of...
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