by AIP Online Bureau | Jul 12, 2025 | Indian News, Risk Management, Technology
On June 12, Air India’s Boeing 787-8 aircraft operating flight AI 171 en-route to London Gatwick crashed into a medical hostel complex soon after take-off from Ahmedabad, killing 260 people, including 241 persons who were onboard the plane. New Delhi: Fuel...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In a statement, Independent Power Producers Association Nepal (IPPAN) said that seven hydropower projects currently generating 251 MW hydropower have been completely shut down due to the floods. Kathmandu: At least 10 hydropower projects have been damaged by floods in...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, Indian News, Policy
Overall, the CWC has flagged flood concerns in 20 locations, primarily in Assam, Bihar, Odisha, Uttar Pradesh, and West Bengal. New Delhi: Twenty river sites across India remain under flood risk, with one location in Assam and two in Bihar experiencing severe flood...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, International News, Policy
The Commission proposed lowering the Group of Seven (G7) nations’ price cap from $60 a barrel to $45 barrel in June in its 18th package of sanctions against Russia for its invasion of Ukraine. The G7 price cap, aimed at curbing Russia’s ability to finance the war in...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Shipowners now have to pay about 1% of a ship’s value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the world’s largest insurance broker. That’s up from 0.2% to 0.3% in recent months, a period...
