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Aircraft lessor SMBC proceeds from Russian jet insurance settlements hit $1.4 billion

by AIP Online Bureau | May 22, 2025 | International News, Non-Life, Reinsurance

That brought SMBC’s total recoveries from claims following the sanctions over Moscow’s war in Ukraine to $1.41 billion. It was one of six lessors that ended an Irish lawsuit against their insurers last month following a series of settlements Dublin: Aircraft lessor...
Global loss of tropical and boreal forests surge to a record high in 2024

Global loss of tropical and boreal forests surge to a record high in 2024

by AIP Online Bureau | May 22, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

All of this is occurring after the hottest year on record, with Earth’s warming exceeding 1.5C over pre-industrial levels on an annual basis for the first time. The United Nations has warned that temperatures will continue to rise unless drastic action is taken to...
Need to establish permanent body for consumer disputes SC to Centre

Need to establish permanent body for consumer disputes SC to Centre

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, Indian News, Policy

“The Union of India is directed to file an affidavit on the feasibility of a permanent adjudicatory forum for consumer disputes, either in the form of a consumer tribunal or a consumer court, within a period of three months from today, on the touchstone of the...
Paytm founder calls out scamster impersonating him shares screenshots of hilarious exchange

Paytm founder calls out scamster impersonating him shares screenshots of hilarious exchange

by AIP Online Bureau | May 21, 2025 | Indian News, Risk Management, Technology

Vijay Shekhar Sharma,Paytm founder and CEO The encounter, which left many netizens in splits, also spotlighted the darker side of the digital world, where unsuspecting individuals are targeted by scamsters using sophisticated manoeuvres, advanced techniques, fake...

DoT introduces ‘Financial Fraud Risk Indicator’ to fight cyber fraud

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool, when digital payment is proposed to be made to such numbers New Delhi: In a major step towards combating cyber fraud and financial crime, the Department of...
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