by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We have reports that more ship owners are now exercising extra caution and are opting to stay away from the Red Sea and the Persian Gulf,” said Jakob Larsen, chief safety & security officer with shipping association BIMCO. Merchant shipping is continuing to pass...
by AIP Online Bureau | Jun 15, 2025 | Indian News, Non-Life, Reinsurance
Rudraprayag District Disaster Management Officer Nandan Singh Rajwar told PTI that the accident took place above the forests of Gaurikund amid poor visibility due to bad weather. Helicopter crashes or emergency landings are occurring at an alarming frequency on the...
by AIP Online Bureau | Jun 14, 2025 | Indian News, Policy, Regulation, Risk Management
It will also review the current safety rules and suggest new ways to prevent such accidents in the future. New Delhi: The Indian government has set up a high-level committee to investigate the tragic crash of Air India Flight AI-171. The group has been asked to submit...
by AIP Online Bureau | Jun 14, 2025 | Indian News, Life, Non-Life, Regulation
“Ensure that no claim is denied or delayed on account of procedural formalities in the case of confirmed deceased individuals from the passenger list and persons at the affected buildings of the crash area,” said the IRDAI Insurers have to submit a report...
by AIP Online Bureau | Jun 14, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
“Safety is in everything that we do, so the tragedy in India, we don’t see that in any way, shape or form as a competitive input,” Christian Scherer, who oversees Airbus’s commercial aircraft operation, said at a press meeting in Paris. “It is, if anything, a reminder...