by AIP Online Bureau | Jun 14, 2025 | Indian News, Life, Non-Life, Regulation
“Ensure that no claim is denied or delayed on account of procedural formalities in the case of confirmed deceased individuals from the passenger list and persons at the affected buildings of the crash area,” said the IRDAI Insurers have to submit a report...
by AIP Online Bureau | Jun 14, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
“Safety is in everything that we do, so the tragedy in India, we don’t see that in any way, shape or form as a competitive input,” Christian Scherer, who oversees Airbus’s commercial aircraft operation, said at a press meeting in Paris. “It is, if anything, a reminder...
by AIP Online Bureau | Jun 13, 2025 | Indian News, Regulation, Risk Management, Technology
The Aircraft Accident Investigation Bureau (AAIB) has confirmed the recovery of the Digital Flight Data Recorder (DFDR), commonly referred to as the black box, from the rooftop of a building at the site of the Air India Flight AI-171 crash in Ahmedabad New Delhi:...
by AIP Online Bureau | Jun 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Comprehensive review of various segments and progress in government schemes including the Kisan Credit Card, PM Mudra and three social security (Jan Suraksha) schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY)...
by AIP Online Bureau | Jun 13, 2025 | Briefs, Life
Life Insurance Corporation of India (LIC) on Friday said it has relaxed its claim settlement process for Air India plane crash victims in Ahmedabad and also expedite the process. “LIC has announced many concessions to mitigate the hardships of the claimants of...
