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Monsoon Session Of Parliament From July 21 To August 12

by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, Indian News, Life, Policy

The Insurance Amendment Bill, which proposes allowing 100 per cent foreign direct investment (FDI) in the insurance sector, is expected to be introduced in the upcoming monsoon session of Parliament New Delhi: The Monsoon session of Parliament will be held from July...

14–19 named storms in tropical North Atlantic predicted in this year hurricane season

by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

These numbers are slightly above the long-term average for 1950 to 2024 (12.5 named storms, 6.5 hurricanes and 2.6 severe hurricanes) and are in line with expectations for the cyclical warm phase in the North Atlantic since the mid-1990s (15.8 tropical storms, 7.8...
Expanding missile threats and airspace closures are straining airlines

Expanding missile threats and airspace closures are straining airlines

by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

With increasing airspace closures around Russia and Ukraine, throughout the Middle East, between India and Pakistan and in parts of Africa, airlines are left with fewer route options NEW DELHI: Proliferating conflict zones are an increasing burden on airline...
Former Kia India workers, scrap dealers face probe over theft of 1,008 engines

Former Kia India workers, scrap dealers face probe over theft of 1,008 engines

by AIP Online Bureau | Jun 4, 2025 | Indian News, Risk Management, Workplace/Employee Benefits

An initial police investigation found two former Kia India factory workers – a team leader and a head of section in the engine dispatch section – were involved in illegally transporting the engines from the factory using forged invoices and manipulated...

Riskcovry launches first Model Context Protocol server as a distribution platform

by AIP Online Bureau | Jun 3, 2025 | Briefs, Health, Intermediaries, Life, Non-Life, Technology

Riskcovry, an insurtech infrastructure platform, has launched the country’s first Model Context Protocol (MCP) server for India’s insurance sector. A dedicated infrastructure designed specifically for insurance distribution use cases, the MCP server allows...
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