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How the Iran Conflict Redefines Marine War Risk Insurance
Evolving geopolitical conflicts push maritime insurers to rethink war-risk coverage rules. This article appears in the July/August issue of Global Finance Magazine. An insurance consortium to help ships transit the Strait of Hormuz may reflect a new definition of war for purposes of maritime claims, depending on new armed-conflict provisions under debate. Lloyd’s of London…
Planning to Buy a Home? This PSU Bank Is Offering Home Loans at Just 7% With Zero Processing Fee
Personal Finance Published: Monday, August 3, 2026, 19:58 [IST] State-owned Bank of Maharashtra (BoM) is now running a limited period offer called Monsoon Dhamaka and has cut its home loan interest rate to 7% per annum, down from the earlier 7.1%. The bank announced the revised rate in a statement issued over the weekend, positioning…
Tax Triangle Strategy: How to Invest an Inheritance
What happens when a sudden $850,000 inheritance turns into eight different account balances, three rental properties, and one very big decision about your future? When grief, real estate, and a six-figure windfall collide all at once, the fastest way to make an expensive mistake is to rush into “doing something” with the money. Joe and…
Risk density and capital requirements inversely related – FSI
Risk density and capital requirements inversely related – FSI – Risk.net Skip to main content End of drawer navigation content Report says jurisdictions could be choosing between higher capital requirements or model restrictions Jurisdictions with high risk density in the calculation of risk-weighted assets tend to have lower nominal capital requirements, according to a report…
On the move: A new board at NASBA
The National Association of State Boards of Accountancy announces a new board slate; Johnson Lambert launched a new Financial & Operations Advisory practice; Kaufman Rossin named a new CIO; the Bonadio Group holds its annual Purpose Day; and other firm and personnel news from across the profession. These summaries were drafted using AI and subjected…
OpenAI’s finance AI demo leaves governance questions unanswered
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. OpenAI used a recent webinar to demonstrate how its finance team is using artificial intelligence to transform the finance function. But while the presentation emphasized faster workflows and new ways of working, attendees repeatedly submitted questions about…
