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Significant progress made in Air India AI-171 crash probe, evidence being analysed comprehensively: AAIB

Significant progress made in Air India AI-171 crash probe, evidence being analysed comprehensively: AAIB

by AIP Online Bureau | Jun 14, 2026 | Indian News, Risk Management

Air India’s Boeing 787-8 or Dreamliner with registration VT-ANB en route to London Gatwick crashed soon after takeoff on June 12, 2025, killing 241 people onboard and 19 on the ground. New Delhi:Aircraft accident probe agency Aircraft Accident Investigation...
US, Iran inch closer to deal, timing remains unclear

US, Iran inch closer to deal, timing remains unclear

by AIP Online Bureau | Jun 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Trump wrote on Truth Social that after a framework ​deal is signed, the Strait of Hormuz, a vital artery for global oil supplies that Iran has blocked, would immediately be “open to all.” WASHINGTON/DUBAI: U.S. and Pakistani leaders forecast a Sunday...
Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive

Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive

by AIP Online Bureau | Jun 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Fable 5, released Tuesday, is a locked-down version of Mythos 5, a cutting-edge AI model that Anthropic has held back from the public amid concerns that it had unprecedented abilities to identify software vulnerabilites — or holes in code that hackers could...
Govt clears path for self-driving, safety car technologies  to reduce road deaths

Govt clears path for self-driving, safety car technologies  to reduce road deaths

by AIP Online Bureau | Jun 12, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The radar sensors let a car gauge safe distances, and drive features such as emergency braking, adaptive cruise control and blindspot warnings, to form a basis for autonomous driving New Delhi:The government has scrapped a licence requirement for radar sensors,...
IRDAI:Govt appoints Girija Subramanian as member, Distribution, Dinesh Pant as member, Actuary

IRDAI:Govt appoints Girija Subramanian as member, Distribution, Dinesh Pant as member, Actuary

by AIP Online Bureau | Jun 12, 2026 | Indian News, Life, Non-Life

Girija Subramanian, CMD, New India Assurance Besides, the tenure of the two existing members – Deepak Sood(Non-life) and Rajay Sinha(Finance and Investment) have been extended by two more years from the date of their retirement till thet reach 65. Dinesh Pant,...
Road accidents in India claimed 1.77 lakh lives in 2024

Road accidents in India claimed 1.77 lakh lives in 2024

by AIP Online Bureau | Jun 12, 2026 | Indian News, Non-Life

Amongst states, the report said Tamil Nadu reported the highest number of accidents at 67,526, whereas Uttar Pradesh (24,118) reported the highest number of accident fatalities during 2024. New Delhi:The number of road accidents in India went up by 1.48 per cent to...
Indian investigators expected to delay issuing a final report on Air India Boeing 787 crash in Ahmedabad

Indian investigators expected to delay issuing a final report on Air India Boeing 787 crash in Ahmedabad

by AIP Online Bureau | Jun 11, 2026 | Indian News, Non-Life, Reinsurance

Meanwhile, the Federation of Indian Pilots (FIP) on Thursday renewed its demand for a judicial probe into the AI-171 crash and urged authorities not to release any interim investigation report, saying it would create further confusion and speculation. New Delhi:...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report

84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report

by AIP Online Bureau | Jun 11, 2026 | Data, Eco/Invest/Demography, Risk Management, Technology

The survey, which covered 1,440 fraud-management, anti-money laundering (AML), and risk and compliance leaders across 25 countries, found that India has emerged as one of the most concerned and heavily impacted markets when it comes to financial fraud and AI-enabled...
Saudi Re appoints Ruchi Jain as Principal Officer GIFT City, India Branch

Saudi Re appoints Ruchi Jain as Principal Officer GIFT City, India Branch

by AIP Online Bureau | Jun 11, 2026 | Briefs, Non-Life, Reinsurance

Saudi Re, after setting up its operations in GIFT-IFSC, has appointed Ruchi Jain as Principal Officer GIFT City, India Branch. Jain was working with Swiss Re before joining Saudi Re and brings over 18 years of extensive experience in the insurance and reinsurance...
India’s Rs 42 lakh crore PMS industry at defining inflection point: SEBI

India’s Rs 42 lakh crore PMS industry at defining inflection point: SEBI

by AIP Online Bureau | Jun 11, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Wealth Management/ Philanthropy

APMI Chairman Biharilal Deora said the PMS industry has emerged as an important component of India’s wealth management landscape, driven by increasing investor awareness, rising demand for customised investment solutions and a supportive regulatory framework....
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