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What’s in the EU’s 18th sanctions package against Russia?

What’s in the EU’s 18th sanctions package against Russia?

by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...
Private sector general and health insurers record higher underwriting losses in FY 25

Private sector general and health insurers record higher underwriting losses in FY 25

by AIP Online Bureau | Jul 21, 2025 | Indian News, Non-Life, Reinsurance

Led by Tata AIG General insurers, which had an underwriting losses of Rs 2,229 crore, 25 e private sector multiline general  insurers ‘ underwriting losses have spurted by 12 per cent to Rs 12,398 crore in FY 24-25.Similarly, with Star Health at the top, the...
No Insurance Amendment Bill yet in Parliament’s Monsoon session

No Insurance Amendment Bill yet in Parliament’s Monsoon session

by AIP Online Bureau | Jul 20, 2025 | Eco/Invest/Demography, Indian News, Regulation

The government has already  listed  eight bills for their likely introduction  and passage  in the Monsoon session of the Parliament but there is no mention of the Insurance Amendment Bill in the list.The Ministry of finance officials earlier had...
Progress in India enabled by dual strategy of strong safety nets, reforms that foster growth: NITI Aayog VC

Progress in India enabled by dual strategy of strong safety nets, reforms that foster growth: NITI Aayog VC

by AIP Online Bureau | Jul 20, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Suman Bery ,Vice Chairman, NITI Aayog 240 million Indians escaped from multi-dimensional poverty in the decade between 2013-14 and 2022-23, and social protection coverage has more than doubled since 2015. India is on track to achieve health targets for maternal, child...
Uttarakhand crash: AAIB says helicopter tumbled down hill after rotor blade hit overhead cable

Uttarakhand crash: AAIB says helicopter tumbled down hill after rotor blade hit overhead cable

by AIP Online Bureau | Jul 20, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

The 17-year-old Bell 407 helicopter operated by Aerotrans Services Pvt Ltd, with six passengers onboard, crashed 24 minutes after being airborne on May 8. New Delhi: A preliminary probe into the helicopter crash that killed six people in Uttarakhand in May has found...
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