by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life
As per Bima Bharosa portal of IRDAI, during FY 2024-25, 1,37,361 general and health insurance grievances were reported, out of which 1,27,755 (93%) were disposed of during FY 2024-25 itself. New Delhi: What is is forcing the insurers to jack up the health insurance...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We have permitted certain countries that we consider friendly to pass through (Strait of Hormuz). We allowed China, Russia, India, Iraq, and Pakistan to transit,” Iranian Foreign Minister Seyed Abbas Araghchi said, according to Iranian State TV. Tehran/New Delhi:...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
Demand for Political Violence and Terrorism cover has risen sharply, particularly among Western operated assets in the Gulf, with pricing multiples increasing and underwriting becoming more selective. Aviation, cyber and trade related lines are also seeing elevated...
by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, International News, Policy
According to the semi-official Fars, the plan would be finalised next week, and would legally recognize Iran’s oversight of Hormuz, a vital conduit which connects some of the world’s largest oil and gas producers in the Persian Gulf with the wider world. The Iranian...
by AIP Online Bureau | Mar 26, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
The parametric flood-risk product was designed by a team of Insurance Development Forum(IDF)member insurance organizations in partnership with the Lagos State Government, including AXA Climate, AXA Mansard in Nigeria, Swiss Re, flood modeler JBA Risk Management,...
