by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
These numbers are slightly above the long-term average for 1950 to 2024 (12.5 named storms, 6.5 hurricanes and 2.6 severe hurricanes) and are in line with expectations for the cyclical warm phase in the North Atlantic since the mid-1990s (15.8 tropical storms, 7.8...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology
With increasing airspace closures around Russia and Ukraine, throughout the Middle East, between India and Pakistan and in parts of Africa, airlines are left with fewer route options NEW DELHI: Proliferating conflict zones are an increasing burden on airline...
by AIP Online Bureau | Jun 4, 2025 | Indian News, Risk Management, Workplace/Employee Benefits
An initial police investigation found two former Kia India factory workers – a team leader and a head of section in the engine dispatch section – were involved in illegally transporting the engines from the factory using forged invoices and manipulated...
by AIP Online Bureau | Jun 3, 2025 | Briefs, Health, Intermediaries, Life, Non-Life, Technology
Riskcovry, an insurtech infrastructure platform, has launched the country’s first Model Context Protocol (MCP) server for India’s insurance sector. A dedicated infrastructure designed specifically for insurance distribution use cases, the MCP server allows...
by AIP Online Bureau | Jun 3, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The RBI data showed a clear trend of increasing preference for term deposits over the past few years. Higher interest rates on these deposits encouraged more people to invest in them. New Delhi: The growth of bank deposits in India slowed down to 10.6 per cent...
