by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The shipments are primarily held up at Kandla and Mundra ports in Gujarat, with neither vessels nor insurance available for Iran-bound cargo due to the Middle East conflict, said president Satish Goyal New Delhi: Around 1,00,000 tonnes of basmati rice destined for...
by AIP Online Bureau | Jun 23, 2025 | Data, Eco/Invest/Demography, Risk Management, Wealth Management/ Philanthropy
New Delhi: Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal’s role in global portfolios, said Llama Research in its June edition.According to the...
by AIP Online Bureau | Jun 23, 2025 | Data, Non-Life
Zurich Kotak General Insurance celebrated its first Foundation Day by reinforcing its commitment to its community and launching Zurich Commercial Insurance in India. The Zurich Insurance Group (Zurich) and Kotak Mahindra Bank-led entity completed one year of its...
by AIP Online Bureau | Jun 23, 2025 | Briefs, Life
In a move that reinforces its purpose-driven brand narrative, Canara HSBC Life Insurance has roped in fast-bowling spearhead Jasprit Bumrah and sports presenter, Sanjana Ganesan as brand ambassadors. This partnership brings to life the brand’s core philosophy of...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Risk Management, Technology
A spike in cyberattacks has accompanied the war between Israel and Iran, with a pro-Israel hacking group known as Predatory Sparrow claiming responsibility for disrupting a major Iranian bank and a breach that struck an Iranian crypto exchange. Iran’s state-run IRIB...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, International News
Lawyers for the shareholders plan to seek legal fees of up to 13% of the settlement amount, or about $18 million excluding interest, plus up to $2.6 million for expenses, court papers show Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The claim alleges that the floods, which closed the Prospecton plant for four months, cost the company about 4.5 billion rand in plant repairs and rehabilitation and more than 2 billion rand in business interruption, the newspaper reported. A 6.5 billion rand ($361...
by AIP Online Bureau | Jun 22, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management
Around 20% of global oil and gas flows through Strait of Hormuz. “If they do that, it will be another terrible mistake. It’s economic suicide for them if they do it. And we retain options to deal with that, but other countries should be looking at that as...
by AIP Online Bureau | Jun 22, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
The audit framework will cover the entire range of aviation entities, including scheduled and non-scheduled airlines, maintenance, repair and overhaul organisations (MROs), flying training schools, air navigation service providers, airport operators and ground...
by AIP Online Bureau | Jun 22, 2025 | Eco/Invest/Demography, International News, Risk Management
Airlines continued to avoid large parts of the Middle East due to missile exchanges between Israel and Iran, the latest upheaval to travel in the region. U.S. strikes on Iran’s nuclear sites could heighten the threat to American operators in the region, an...
