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Iran-Israel war could hurt exports; increase insurance costs: Exporters

Iran-Israel war could hurt exports; increase insurance costs: Exporters

by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

“The war will further hurt global trade. The situation was gradually improving but now again the trade will be impacted. Our exports to Europe and countries like Russia may get hurt. Freight rates and insurance are expected to increase,” Federation of...
Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says

Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says

by AIP Online Bureau | Jun 15, 2025 | International News, Risk Management, Technology

Commercialising autonomous vehicles (AV) has been challenging with safety concerns, tight regulations and soaring investments, and many have been skeptical of Musk’s plans SAN FRANCISCO: Tesla tentatively plans to begin offering rides on its self-driving...
Ships warned to avoid Red Sea, log Hormuz voyages after Israel hits Iran

Ships warned to avoid Red Sea, log Hormuz voyages after Israel hits Iran

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...
Helicopter crashes near Kedarnath shrine, all seven on board killed

Helicopter crashes near Kedarnath shrine, all seven on board killed

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...
Govt forms high-level committee to investigate Air India AI-171 crash

Govt forms high-level committee to investigate Air India AI-171 crash

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...
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