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Yemen’s Houthis say ship attacked in Gulf of Aden may sink

Yemen’s Houthis say ship attacked in Gulf of Aden may sink

by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“Shipping companies must weigh up the increased costs and journey times against the risk to their vessels, and, most importantly, the safety of the crew onboard,” insurance broker Gallagher Speciality Marine said in a report last week CAIRO/LONDON: Yemen’s Houthi...
Indian diesel diverted to Asian markets as Houthis attacks impact flows to Europe

Indian diesel diverted to Asian markets as Houthis attacks impact flows to Europe

by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Tankers heading to Europe or the Atlantic Basin are being forced by the Houthi threat to go around South Africa’s Cape of Good Hope, increasing journey lengths and costs, or use the Suez Canal, “with the risks involved and extremely high war risk insurance Shipments...
Goa govt, World Bank collaborate for blended finance facility for climate resilience

Goa govt, World Bank collaborate for blended finance facility for climate resilience

by AIP Online Bureau | Feb 20, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy

”Resilience is a crucial aspect of our vision for a balanced Goa that bridges economy and ecology and balances our aspirations for the health of our ecosystems and the development and wellbeing of our people,” Chief Minister Pramod Sawant said Panaji: The...

Bajaj Allianz Life, Satin Creditcare and Coverfox collaborate to boost rural financial inclusion

by AIP Online Bureau | Feb 19, 2024 | Briefs, Eco/Invest/Demography, Intermediaries, Life

Bajaj Allianz Life, and Satin Creditcare Network , a non-banking finance company – Micro Finance Institution (NBFC – MFI), announced their strategic partnership with insurance broker Coverfox, to improve financial inclusion in rural India. Now customers of...
No Aadhaar number has been cancelled, says UIDAI

No Aadhaar number has been cancelled, says UIDAI

by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, Policy, Risk Management, Technology

“In the course of activities undertaken to keep the Aadhaar database updated, intimations are issued from time to time to Aadhaar number holders. In this connection, it is clarified that no Aadhaar number has been cancelled,” UIDAI said New Delhi: Unique...
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