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Saudi Re launches operations in GIFT-City

Saudi Re launches operations in GIFT-City

by AIP Online Bureau | Jan 18, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

“`We have a national expansion strategy, and that’s where we identify India to be a key growth engine for us.Indian market could be also be a hub to serve the region,’’ said Ahmed Al-Jabr, Chief Executive Officer, Saudi Re  while addressing the...
Shefali Sehwani succeeds Shankar Gargipathy as Lloyd’s India CEO

Shefali Sehwani succeeds Shankar Gargipathy as Lloyd’s India CEO

by AIP Online Bureau | Jan 18, 2026 | Indian News, Non-Life, Reinsurance

Shefali Sehwani, country manager & CEO, Lloyd’s India Currently, Lloyd’s has one of its Syndicates, Markel , operating in India.Lloyd’s also is diversifying its India exposure by venturing into the GIFT-IFSC, India’s sole Internationbal...
Delhi tribunal awards over Rs. 1.62 crore to 21-year-old man injured in road accident

Delhi tribunal awards over Rs. 1.62 crore to 21-year-old man injured in road accident

by AIP Online Bureau | Jan 18, 2026 | Indian News, Non-Life

The tribunal awarded him a compensation of over Rs. 1.62 crore under various heads, including Rs. 59.36 lakh for loss of future earnings.Since the vehicle was insured at the time of the accident, the tribunal directed the insurer, The New India Co. Ltd., to deposit...
Signature Global to invest Rs380 cr on earthquake resistance technology

Signature Global to invest Rs380 cr on earthquake resistance technology

by AIP Online Bureau | Jan 18, 2026 | Disaster & Management, Indian News, Risk Management, Technology

The ‘Hysteretic Tuned Mass Dampers (HTMDs)’ technology is a specialised system designed to reduce vibrations in high-rise buildings caused by wind and earthquakes.By controlling building movement, it enhances stability and occupant comfort. New Delhi:...
LIC should continue focus on digital marketing: Nagaraju

LIC should continue focus on digital marketing: Nagaraju

by AIP Online Bureau | Jan 17, 2026 | Eco/Invest/Demography, Indian News, Life, Policy

M Nagaraju,Secretary,Financial Services Nagaraju expressed satisfaction with LIC’s consolidated AUM of ₹57.23 lakh crore and a yield of 8.9% on policyholders’ funds, supported by a strong solvency ratio of 2.13. This corpus may be used for incentivising growth of...
2025 among world’s three hottest years on record,WMO says

2025 among world’s three hottest years on record,WMO says

by AIP Online Bureau | Jan 17, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

The WMO, which consolidates eight climate datasets from around the world, said six of them – including the European Union’s European Centre for Medium-Range Weather Forecasts (ECMWF) and the British national weather service – had ranked 2025 as the third warmest,...
DGCA imposes Rs 22.20 crore penalty on IndiGo over December 2025 flight disruption

DGCA imposes Rs 22.20 crore penalty on IndiGo over December 2025 flight disruption

by AIP Online Bureau | Jan 17, 2026 | Indian News, Regulation

The committee observed that an overriding focus on maximising utilisation of crew, aircraft, and network resources, which significantly reduced roster buffer margins. Crew rosters were designed to maximise duty periods, with increased reliance on dead-heading, tail...
Denmark-US rift triggers NATO deployment of forces in Greenland

Denmark-US rift triggers NATO deployment of forces in Greenland

by AIP Online Bureau | Jan 17, 2026 | Eco/Invest/Demography, International News, Policy, Risk Management

“For us, ideas that would not respect territorial integrity of the Kingdom of Denmark and the right of self-determination of the Greenland people are of course totally unacceptable and we therefore still have a fundamental disagreement,” Danish Foreign Minister Lars...
Surging oil tanker insurance points to growing Black Sea chaos

Surging oil tanker insurance points to growing Black Sea chaos

by AIP Online Bureau | Jan 17, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Underwriters are now charging about 1% of the value of a ship for calls at any port in the region, according to people involved in the market. That’s up from about 0.7% at the end of last month. The cost of insuring ships sailing through the Black Sea is surging...

Venezuelan oil industry running on WhatsApp after cyberattack

by AIP Online Bureau | Jan 17, 2026 | International News, Technology

The incident highlights just how frail the the country’s technological infrastructure is, even in the industry most responsible for its revenue. Decades of disinvestment and corruption have marred state-owned oil giant Petróleos de Venezuela SA, and US sanctions have...
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