by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The U.S. military said on Monday it destroyed six Iranian small boats, as well as cruise missiles and drones, after President Donald Trump sent the navy to escort stranded tankers through the strait in a campaign he called “Project Freedom.” WASHINGTON/CAIRO:A fragile...
by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Based on the information received so far, Edison now expects a reduction in future deliveries from QatarEnergy of around one third of the annual contracted volumes, before taking into account any potential mitigation actions, the utility said. MILAN: QatarEnergy has...
by AIP Online Bureau | May 5, 2026 | International News, Life, Non-Life, Technology
While AI is accelerating the industry’s ambitions, digital maturity is what determines whether those ambitions translate into durable advantage Study shows a widening gap between digital leaders and laggards because of how effectively they convert digital...
by AIP Online Bureau | May 5, 2026 | International News, Non-Life, Risk Management
Charlie Shamieh,chairman, Gen Re Berkshire owns reinsurer Gen Re, where Shamieh has served as chairman since 2018. Before that, he held leadership positions at AIG Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance...
by AIP Online Bureau | May 5, 2026 | Data, Eco/Invest/Demography, Technology
The data showed that the transition towards EVs continued to deepen across categories. In the three-wheeler segment, EV penetration rose significantly, with EV share reaching 60.38 per cent. In passenger vehicles, EV share improved to 5.77 per cent, while in the...
by AIP Online Bureau | May 5, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
“Conflicts, supply‑chain disruption and sanctions exposure are testing policy language, capacity and claims assumptions simultaneously. Organizations that stress‑test their programs now will have far more options than those forced to react later, Joe Peiser, CEO of...
by AIP Online Bureau | May 5, 2026 | Indian News
“Nonetheless, in view of the preceding discussion and the statutory framework provided in the 1986 Consumer Protection Act as well as the 2019 Consumer Protection Act, we conclude that upon the death of the alleged medically negligent doctor, his/her legal heirs can...
by AIP Online Bureau | May 5, 2026 | Intermediaries, International News
Jaideep Sharma has been appointed as new CEO for Indian market while Nicholas Lee as new CEOs of its Malaysian operations. Mumbai:Lockton, a global re/insurance broker, has appointed Jaideep Sharma and Nicholas Lee as new CEOs of its Indian and Malaysian operations....
by AIP Online Bureau | May 4, 2026 | Indian News, Life, Non-Life, Reinsurance, Technology
M.Nagaraju, Secretary, DFS Nagaraju underscored the need to expand insurance coverage to a wider segment of the population,advising that companies should prioritise inclusion of more individuals under the ambit of insurance rather than concentrating predominantly on...
by AIP Online Bureau | May 4, 2026 | Data, Eco/Invest/Demography
Ashok Leyland reported total vehicle sales of 14,646 units in April 2026, marking a 9 per cent rise over 13,421 units in the same month last year. Domestic sales stood at 14,242 units, up 14 per cent from 12,509 units. New Delhi: India’s commercial vehicle...
