by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management
Reaffirming the Government’s focus on high-risk areas, he informed that 100 districts with the highest number of accidents have already been identified for targeted interventions. New Delhi:V Umashankar,secretary, Ministry of Road Transport and Highways, remarked that...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, Non-Life, Policy, Technology
Data shared by the minister showed that during 2004-05 to 2013-14, there were 1,711 consequential train accidents, resulting in 904 deaths and 3,155 injuries. This declined to 678 accidents between 2014-15 and 2023-24, with 748 deaths and 2,087 injuries. New Delhi:The...
by AIP Online Bureau | Mar 19, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management
An S&P report said it had seen no evidence of major outflows of foreign or local funding from banks in the Gulf, which have proved resilient since war broke out in the region last month.Banks insist they are continuing to serve clients, without interruption...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The EU listed China-based Integrity Technology Group and Anxun Information Technology, and Iranian company Emennet Pasargad The European Union on Monday imposed sanctions against two China-based and one Iranian company for cyberattacks against EU member states. The EU...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, International News
Qatar’s Ras Laffan Industrial City — home to the world’s largest export plant for liquefied natural gas — suffered “extensive damage” after an Iranian missile strike sparked a fire. The United Arab Emirates shut a major gas facility due to falling debris from...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, International News, Policy, Regulation, Technology
While Europe has a number of rules that make it illegal to produce and share sexual material without the subject’s consent, this amendment is the first to specifically target AI platforms. Lawmakers opted to target AI technology besides its users, due to swift...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
MAIT also wrote to Indian IT ministry official Ravinder Kumar Meena on March 10, opposing the government’s request for pre-installation of another app, Sachet, a disaster alert service. While the government maintains that the system is safe and secure, it has...
by AIP Online Bureau | Mar 19, 2026 | Articles, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
For insurers and reinsurers, the key issue is not only the probability of attacks but also how losses may accumulate across multiple insurance lines. Terrorism and political violence incidents can trigger claims simultaneously in property, marine, aviation, and...
by AIP Online Bureau | Mar 19, 2026 | International News, Non-Life, Reinsurance
Shippers seeking insurance for tankers going through the strait “is pretty rare at the moment because people are focused on safety and security,” Lloyd’s chief executive officer Patrick Tiernan London:The Lloyd’s of London insurance market will continue to provide...
by AIP Online Bureau | Mar 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy
Rajesh Agrawal,Commerce Secretary The scheme focuses on mitigating the sharp rise in logistics costs and insurance premiums for shipments heading to the Gulf and West Asia.The support is divided into three distinct components to address different segments of the...
