by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, International News, Policy, Risk Management
Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. Attacks that have severely damaged refineries, ports and oil storage in the Gulf region...
by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Maritime war risk insurance premiums have surged as much as 1,000% in some cases, as the Middle East conflict heightens risks to shipping through the region. The spike in premiums has sharply raised costs for shipowners, traders and energy firms moving cargo through...
by AIP Online Bureau | Apr 7, 2026 | International News, Risk Management, Technology
The rapid explosion of tools like Gemini and ChatGPT have led to some users forming obsessive relationships with AI bots, allegedly contributing to delusions and, in extreme cases, murder-suicides. Several families have sued leading AI developers over the issue....
by AIP Online Bureau | Apr 7, 2026 | Briefs, Eco/Invest/Demography, Regulation
Star Health has received approval from Insurance Regulatory and Development Authority of India (IRDAI) on Tuesday for the proposed transmission of 8,28,82,958 equity shares held by Late Rakesh Jhunjhunwala, the largest shareholder of the company, and the said...
by AIP Online Bureau | Apr 7, 2026 | Health, Indian News, Non-Life, Regulation
The committee will review the current landscape of private health insurance in India including coverage, penetration, claims experience, product design, grievance redressal and consumer experience. It will recommend regulatory,policy, and operational measures to...
by AIP Online Bureau | Apr 7, 2026 | Banking & Bancassurance, Indian News, Policy
“It is quite clear, if an employee on or after 1st day of November 1993 completes 20 years of qualifying service, and furnishes a notice of not less than three months to the appointing authority, he may retire voluntarily,” the bench noted New Delhi:The...
by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology
“FY’26 has been a watershed year for India’s electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with...
by AIP Online Bureau | Apr 7, 2026 | Workplace/Employee Benefits
The Asian Development Bank (ADB) today approved the Rapid Resource Reprogramming and Deployment Option (3RDO), a new financing mechanism that enables developing member countries (DMCs) to respond rapidly in times of crises by repurposing existing ADB sovereign...
by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, Intermediaries, International News, Technology
Winnie Loh, Real Estate and Data Centre leader for Southeast Asia, AON Andrew Minnitt, CEO, Singapore and head of Southeast Asia for Aon, said,“ As data centre investment continues to accelerate across the region, clients are looking for advisers who understand...
by AIP Online Bureau | Apr 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
India is planning to provide a guarantee of about 90 per cent on loans up to ₹100 crore ($10.75 million) to lenders in case borrowers default in the aftermath of the crisis in West Asia, both the sources said. New Delhi:The government plans to roll out sovereign...