by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, International News
The supply could rise in April as some Middle East Gulf producers use alternative export routes to bypass the Strait of Hormuz, and said that, for the year, production would still expand more quickly than global demand. The war in the Middle East is creating the...
by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
“Together, DFC and Chubb have identified several American insurance companies to provide reinsurance policies behind Chubb and alongside DFC to expand market capacity,” the agency added. US insurance giant Chubb will be the lead partner on the U.S. International...
by AIP Online Bureau | Mar 12, 2026 | Health, Indian News, Regulation, Technology
Ajay Seth, chairman, IRDAI In the last three years, health insurance premiums have been going up by about 10 to 12 per cent, whereas inflation is about five –six per cent. If it increases by another three to four percentage points more than inflation, it becomes...
by AIP Online Bureau | Mar 12, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
“Most prominent is shipping in the Straits of Hormuz where trade has been halted, not by a lack of available insurance, but by obvious safety concerns. The market for marine war risks is operating in the manner we would expect, given the increase in threats to...
by AIP Online Bureau | Mar 11, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“AI-controlled toys are a serious threat to the safety of children. All steps that are required for this are being taken in consultation with the consumer affairs and the home ministries. Whenever we receive reports of any incidents, immediate action is...
by AIP Online Bureau | Mar 11, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Kandula Raghava Rao and Noorulamin Mohammed Saheb, directors of Amazon Seller Services Private Limited (ASSPL), had challenged a notice issued by a magistrate court based on a complaint by the Food and Drugs Administration for alleged violation of the Drugs and...
by AIP Online Bureau | Mar 11, 2026 | Indian News, Pension & Social Security, Technology
“Customer expectations in financial services are changing, with a growing demand for simpler, more digital-first experiences. We are pleased to support TruStage in modernising its retirement services business. Through Wipro Intelligence and our consulting-led...
by AIP Online Bureau | Mar 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Workplace/Employee Benefits
The moves came after a spokesperson for Tehran’s Khatam al-Anbiya military command headquarters said on Wednesday that Iran will target economic and banking interests linked to the U.S. and Israel in the region, after an attack on an Iranian bank. DUBAI/LONDON:...
by AIP Online Bureau | Mar 11, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The U.S.-Israel war against Iran has led to tens of thousands of flight cancellations, reroutings and schedule changes worldwide, shutting much of the Middle East’s airspace – including Qatar’s – due to missile and drone threats. DUBAI: Two drones fell near...
by AIP Online Bureau | Mar 11, 2026 | Indian News, Regulation, Risk Management
Advisories have been issued by DG Shipping directing all Indian flag vessels and Indian seafarers to adopt enhanced security measures and strictly comply with reporting protocols, including submission of real-time details. New Delhi: As many as 28 Indian vessels with...
