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EU drops plan to stop tankers moving Russian oil anywhere, to disallow insurance of shipments

EU drops plan to stop tankers moving Russian oil anywhere, to disallow insurance of shipments

by AIP Online Bureau | May 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

But current proposals will nevertheless make life considerably harder for Moscow, assuming they are adopted. The ban on providing insurance would span the vast majority of the global fleet of oil tankers seeking to transport Russian barrels Tanker companies insure...

NSE Academy ties up with RIMS for risk management education

by AIP Online Bureau | May 10, 2022 | Indian News, Non-Life, Reinsurance, Risk Management

In addition to the certification opportunities, NAL and RIMS will jointly deliver ‘Introduction to Cyber Risk and Data Security’ and ‘Risk Management Techniques’ self-learning online courses. NAL and RIMS also plan to deliver a series of Masterclasses (focused topical...

Visakhapatnam port suspends operations due to cyclonic storm Asani

by AIP Online Bureau | May 9, 2022 | Indian News, Non-Life, Reinsurance

Cyclone Asani, which formed over the southeast Bay of Bengal, intensified into a severe cyclonic storm on Sunday, as it moved towards the southern state of Andhra Pradesh and the eastern state of Odisha. NEW DELHI: India’s Visakhapatnam port will suspend...
Jan Suraksha schemes bring insurance, pension within reach of common man: FM

Jan Suraksha schemes bring insurance, pension within reach of common man: FM

by AIP Online Bureau | May 9, 2022 | Health, Indian News, Life, Non-Life, Pandemic, Policy

Finance Minister Nirmala Sitharaman Under PMJJBY, a cumulative number of 12.76 crore persons have enrolled since inception for life cover, and families of 5,76,121 persons have received claims for Rs 11,522 crore under the scheme. The scheme has proved extremely...
UAE to introduce unemployment insurance in latest economic reforms

UAE to introduce unemployment insurance in latest economic reforms

by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy

Insured workers would receive some money for a limited time period if made unemployed, UAE Prime Minister and Vice-President Sheikh Mohammed bin Rashid al-Maktoum, who is also the ruler of Dubai, said on Twitter, citing a cabinet decision Dubai: The United Arab...
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