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West Asia crisis: Except for far-east, all international flights from Indian airports cancelled

West Asia crisis: Except for far-east, all international flights from Indian airports cancelled

by AIP Online Bureau | Feb 28, 2026 | Eco/Invest/Demography, Indian News, Risk Management

The DGCA on Saturday advised airlines to avoid airspaces of 11 countries, including Iran, Saudi Arabia, UAE, till March 2. New Delhi/ Mumbai:Except for far-east, all international flights from Indian airports cancelled due to West Asia crisis. All international...

Miller expands reinsurance offering into MENA through acquisition of Shields

by AIP Online Bureau | Feb 28, 2026 | Intermediaries, Non-Life, Reinsurance

James Hands, CEO, Miller, said, “Miller has worked with clients in MENA for decades and we are incredibly excited to have found a long-term partner in Shields to enhance our offering and reach. This acquisition will allow us to access a new placement hub in Dubai and...
US and Israel launch military attack against Iran, could last days

US and Israel launch military attack against Iran, could last days

by AIP Online Bureau | Feb 28, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

The attack pushes the Middle East into a renewed military confrontation and further dims hopes for a diplomatic solution to Tehran’s long-running nuclear dispute with the West. U.S. and Isreal have launched military strikes against Iran on Saturday plunging the...
AM Best revises outlooks to positive for ICICI Lombard General Insurance

AM Best revises outlooks to positive for ICICI Lombard General Insurance

by AIP Online Bureau | Feb 28, 2026 | Indian News, Non-Life, Reinsurance

Despite its lack of underwriting profitability, ICICI Lombard has consistently outperformed India’s general insurance market. The company’s investment income, including capital gains on equity investments, remains a key contributor of overall earnings to offset...
U.S. advises Israel embassy staff  to leave now as ME war risk looms

U.S. advises Israel embassy staff to leave now as ME war risk looms

by AIP Online Bureau | Feb 27, 2026 | Eco/Invest/Demography, International News, Risk Management

Australia on Wednesday “directed the departure of all dependents of Australian officials posted to Israel in response to the deteriorating security situation in the Middle East.” India and several European countries with missions in Iran advised citizens...
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