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Boeing’s agreement with US Justice Department to avoid criminal charges for 2 fatal crashes of its 737 Max jets

Boeing’s agreement with US Justice Department to avoid criminal charges for 2 fatal crashes of its 737 Max jets

by AIP Online Bureau | May 27, 2025 | International News, Non-Life, Reinsurance

The tentative agreement would allow require Boeing to contribute $444.5 million to a fund for families of victims killed in the crashes of Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March 2019, according to the filing. Boeing also would...

Global warming could be making cancer among women more common

by AIP Online Bureau | May 27, 2025 | Data, Eco/Invest/Demography, Health

A study published in the journal Frontiers in Public Health, suggests that an increase in temperature is probably a risk factor for breast, ovarian, uterine, and cervical cancers. Thanks to global warming, we are now facing adverse climatic conditions across the...

Deadline to file income tax returns extended till September 15

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

β€œTo facilitate a smooth and convenient filing experience for taxpayers, it has been decided that the due date for filing of ITRs, originally due on July 31, 2025, is extended to September 15, 2025,” the Central Board of Direct Taxes (CBDT) said in a statement on...
LIC net profit rises 38 % to Rs19,013 crore in Q4FY25, health insurance venture in next 2/3 months, says CEO

LIC net profit rises 38 % to Rs19,013 crore in Q4FY25, health insurance venture in next 2/3 months, says CEO

by AIP Online Bureau | May 27, 2025 | Health, Indian News, Life, Regulation

Siddhartha Mohanty, CEO & M D, Life Insurance Corporation On the proposed health insurance joint venture, Siddhartha Mohanty, CEO & M D, LIC, said, β€œ We are yet to finalise our plans to foray in to health insurance. The proposal has to be taken to the board,...
Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

While China (+7.8% p.a.) will continue to dominate the region in absolute terms, the real growth champion over the next decade is likely to be India (+10.5% p.a.) Mumbai: With a total premium income of USD 145 billion in 2024 , the Indian insurance market has showed...
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