by AIP Online Bureau | Jan 3, 2025 | Disaster & Management, International News, Non-Life
The people who died were believed to have been on the plane, while those injured were inside the building. The deceased victims will be identified after officials have contacted the next of kin, the Fullerton Police Department said in a statement FULLERTON, Calif: Two...
by AIP Online Bureau | Jan 3, 2025 | Indian News
“While landing and takeoffs continue at Delhi Airport, flights that are not CAT III compliant may get affected. Passengers are requested to contact the airline concerned for updated flight information. Any inconvenience caused is deeply regretted,” Delhi...
by AIP Online Bureau | Jan 3, 2025 | Data, Eco/Invest/Demography, Non-Life, Policy
In 2024, EV sales reached 1.95 million units, up from 1.5 million in 2023. EV penetration also went up to 7.5%, compared with 6.39% in the previous year. Driven by rising private consumption and disposable incomes, India saw vehicle retail sales increase by at least...
by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Globally, reinsurers are on track to produce a combined ratio near or below 90% and a low-teens ROE for 2024. Not only have reinsurers’ operating and performance ratios improved but so have aggregate balance sheet metrics, providing some context around how...
by AIP Online Bureau | Jan 2, 2025 | Intermediaries, International News, Non-Life, Reinsurance
After an extended period of rate increases across the (re)insurance sector – driven by accumulating and intersecting crises, capital constraints and cyclical adjustments – the availability of deployable capacity in the marketplace signals a new phase in the cycle,...
