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Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade

Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade

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

According to think tank GTRI, any closure or military disruption in the Strait of Hormuz would sharply increase oil prices, shipping costs, and insurance premiums, triggering inflation, pressuring the rupee, and complicating India’s fiscal management. New Delhi:...
Bajaj Allianz General launches state-wise health insurance policies tailored to regional needs

Bajaj Allianz General launches state-wise health insurance policies tailored to regional needs

by AIP Online Bureau | Jun 20, 2025 | Data, Health, Non-Life

Pune: Pune based Bajaj Allianz General Insurance, has unveiled a pioneering initiative — the ‘State-wise Health Insurance Policy’, a first-of-its-kind health insurance product thoughtfully tailored to address the distinct healthcare realities of each...
Israel-Iran conflict spreads into cyberspace and crypto

Israel-Iran conflict spreads into cyberspace and crypto

by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

“Most disruptive and destructive cyberattacks are about influence and psychological impact rather than practical impact,” said John Hultquist, chief analyst at Google’s Threat Intelligence Group. “That’s why a lot of them involve an effort to publicize the incidents...
Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade

Iran-Israel Attacks: Insurance costs jump for ships sailing in Persian Gulf

by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Underwriters are now charging 0.2% of the value of a ship for calls into the Gulf, up from 0.125% prior to the conflict breaking out, according to Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the largest insurance broker. Rates have also...
Air India warned by DGCA for flying Airbus planes with unchecked escape slides

Air India warned by DGCA for flying Airbus planes with unchecked escape slides

by AIP Online Bureau | Jun 19, 2025 | Indian News, Regulation, Risk Management, Technology

In the report, the Directorate General of Civil Aviation said spot checks in May on three Air India Airbus planes found that they were operated despite mandatory inspections being overdue on the “critical emergency equipment” of escape slides NEW DELHI:...
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