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Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

by AIP Online Bureau | Jan 22, 2026 | Indian News, Non-Life, Reinsurance

The reversal is especially stark because Air India had been edging back toward profitability before the June Dreamliner crash — which killed more than 240 people — undid years of progress. The founders had targeted operational break-even this fiscal year, but...
Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities

Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities

by AIP Online Bureau | Jan 21, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

Perspectives were also shared by financial institutions and insurers including the State Bank of India, New India Assurance and Bajaj Allianz, covering risk assessment frameworks, exposure considerations, bank guarantee structures and emerging risk-mitigation...
NITI Aayog suggests setting up of national agency to implement green transition for MSMEs

NITI Aayog suggests setting up of national agency to implement green transition for MSMEs

by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The NPMA should identify interested MSME clusters and industrial associations by floating an expression of interest (EoI) that details the cluster selection process for the implementation of identified solutions,” the report said, adding that MSME clusters can...
SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore enhances the likelihood of successful completion for ecological restoration projects and provides greater project confidence. By partnering with AXA, we can scale our impact and help address one of the...
Korean Re launches operations in India’s GIFT City

Korean Re launches operations in India’s GIFT City

by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

JG Won, President & CEO, Korean Re, announcing the launch of company’s operations in India’s GIFT City in Mumbai on Tuesday “We will officially commence operations in GIFT City from April 2026. India is a high growth and long term market for us....
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