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India aviation watchdog finds 263 lapses at Indian airlines in annual audit

India aviation watchdog finds 263 lapses at Indian airlines in annual audit

by AIP Online Bureau | Jul 31, 2025 | Indian News, Non-Life, Policy, Risk Management

DGCA found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved simulators and a poor rostering system, according to a government report seen by Reuters. NEW DELHI: India’s aviation regulator...
Indian state refiners pause Russian oil purchases, sources say

Indian state refiners pause Russian oil purchases, sources say

by AIP Online Bureau | Jul 31, 2025 | Indian News, Policy

The country’s state refiners – Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd – have not sought Russian crude in the past week or so, four sources familiar with the refiners’ purchase...
Markel Insurance to sell reinsurance renewal rights to Nationwide

Markel Insurance to sell reinsurance renewal rights to Nationwide

by AIP Online Bureau | Jul 31, 2025 | International News, Non-Life, Reinsurance

The sale is part of Markel’s broader strategy to simplify operations and grow the business by empowering local expert teams to serve the distinct needs of their core specialty insurance markets. RICHMOND, Va: Markel Insurance, the insurance operations within...
PB Fintech’s net profit increases 42% Rs to 85 crore, revenue up 33 % to Rs 1,348 cr in Q1 FY26

PB Fintech’s net profit increases 42% Rs to 85 crore, revenue up 33 % to Rs 1,348 cr in Q1 FY26

by AIP Online Bureau | Jul 31, 2025 | Health, Indian News, Life, Non-Life

The company’s insurance premium grew 36%, led by a 65% rise in new health insurance policies New Delhi: PB Fintech reported a 40% rise in first-quarter profit on Thursday, as more consumers turned to digital platforms for insurance products. The company posted a...
Aon promotes Rupert Moore as CEO, Reinsurance, Asia Pacific

Aon promotes Rupert Moore as CEO, Reinsurance, Asia Pacific

by AIP Online Bureau | Jul 31, 2025 | Intermediaries, International News, Non-Life

Rupert Moore,CEO-designate, Reinsurance, Asia Pacific Moore will relocate to Singapore later this year and serve as an advisor to Aon’s APAC CEO Jennifer Richards to help advance the firm’s Risk Capital strategy for Japan DUBLIN: Global re/insurance intermediary Aon...
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