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Indian non-life industry grows by Rs 814 cr in February: IRDAI

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

According to the Insurance Regulatory and Development Authority of India (IRDAI), general insurers booked a total premium of Rs 16,560.99 crore last month as against Rs 15,746.99 crore earned in February 2021 Industry leader and government owned New India Assurance...

Australia to declare east coast floods a national emergency

by AIP Online Bureau | Mar 9, 2022 | Disaster & Management, International News, Non-Life, Reinsurance

The declaration means flood victims won’t have to provide identification documents to receive support payment and in some circumstances the federal government can act independently in areas where the state governments haven’t requested help. Canberra:...

Lessors face legal quagmire as Russian plane repos stall

by AIP Online Bureau | Mar 9, 2022 | International News, Non-Life, Reinsurance

Western bans imposed after Russia’s invasion of Ukraine give most leasing firms until March 28 to sever ties with Russian airlines – sparking a game of cat-and-mouse from Asia to Africa as lenders frantically try to seize aircraft Leasing companies are...
Britain announces new aviation sanctions against Russia

Britain announces new aviation sanctions against Russia

by AIP Online Bureau | Mar 9, 2022 | International News, Non-Life, Reinsurance

The new measures would also prevent aviation and space related exports including insurance and re-insurance. This will mean cover is withdrawn on existing policies and British-based insurers and reinsurers will be unable to pay claims on existing policies in these...

The disasters that never happened: how to soothe rising climate anxiety

by AIP Online Bureau | Mar 9, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts

A growing mental health crisis linked to climate change – often dubbed “eco-anxiety” – has come under the spotlight in recent years, from heat-linked suicides in Mexico and the United States to people who fear the future is too uncertain to...
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