by AIP Online Bureau | Jul 21, 2026 | Indian News, Non-Life, Regulation
The bench said insurers have, in many cases, exploited this ambiguity either to escape liability which they should rightfully bear, or conversely, found themselves burdened with the liability they never intended to assume simply because their policy language was...
by AIP Online Bureau | Jul 21, 2026 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
“Sectors with high pollution intensity, including oil, gas, coal and petroleum, mining, and energy, allocate only 5-7 per cent of their CSR budgets to environmental initiatives… By contrast, consumer-facing sectors such as FMCG and automotive allocate over 10-15 per...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
A disruption to supplies through the Red Sea, the route currently used by Saudi Arabia for bulk of its crude exports, would exacerbate the war’s impact on global oil trade. The Houthis, an Iran-backed Yemeni group, said they would impose a maritime blockade on Saudi...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Indicative war risk premiums rose to around 0.75% of the value of a ship, from around 0.3% on Friday before the Houthi announcement, according to the sources, who declined to be identified due to the sensitivity of the matter. LONDON: The insurance cost of...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Oil prices briefly jumped above $90 a barrel after renewed disruption to shipping through the Strait of Hormuz, but later pared gains after Iran’s Foreign Ministry said mediators had recently presented proposals to Tehran, signaling that diplomatic contacts remain...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, Indian News, Technology
More than 20 crore two-wheelers and over 3 crore petrol cars, including a large number of older vehicles manufactured before E20 certification, have been operating on these fuels without any verified evidence of widespread engine failure or vehicle breakdown...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life
This year’s monsoon opened with India’s fifth-driest June on record and rainfall almost 40% below normal levels, followed by a sudden deluge early this month — when about a month’s worth of precipitation was dumped on cities like Mumbai in a single week. An...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology
“Digital infrastructure has become one of the most important and capital-intensive asset classes in the global economy.As clients build larger and more complex data center portfolios, they need access to greater insurance capacity alongside solutions that...
by AIP Online Bureau | Jul 20, 2026 | Eco/Invest/Demography, Indian News
Earlier, the Directorate General of Maritime Administration (DGMA) has directed ship owners, ship managers and Recruitment and Placement Service Licence (RPSL) companies to avoid deploying Indian seafarers on vessels undertaking voyages through the Strait of Hormuz...
by AIP Online Bureau | Jul 19, 2026 | Eco/Invest/Demography, Intermediaries, International News, Technology
Some Facebook users received the message “Account Temporarily Unavailable. Your account is currently unavailable due to a site issue. We expect this to be resolved shortly. Please try again in a few minutes”. New Delhi: Users of Meta-owned social media...
