by AIP Online Bureau | Dec 30, 2024 | International News, Non-Life, Reinsurance
The aviation insurance industry could be looking at a claim for about $15-$20 million under the airline hull insurance policy, and total passenger liability claims of $120-$180 million due to the crash, according to Marcos Alvarez, managing director of global...
by AIP Online Bureau | Dec 30, 2024 | International News, Non-Life, Reinsurance, Risk Management
Investigators are examining bird strikes, whether any of the aircraft’s control systems were disabled, and the apparent rush by the pilots to attempt a landing soon after declaring an emergency as possible factors in the crash, fire and transportation officials have...
by AIP Online Bureau | Dec 30, 2024 | Indian News, Life, Non-Life, Technology
Bima Sugam India Federation, an unlisted company, incorporated on June 18, 2024, aims to create and operate a centralised marketplace of insurance products and services. It is currently in the process of mobilising over Rs 200 crore of capital from both life and...
by AIP Online Bureau | Dec 30, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Details ranging from mobile number, and payment mode to travel itinerary need to be shared with the authorities 24 hours before the departure of an international flight New Delhi: Airlines will have to mandatorily share details of foreign travellers with the Indian...
by AIP Online Bureau | Dec 30, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“We continue to secure and anchor public trust and confidence to support India’s aspirational goals. We remain committed to developing a modern financial system that is customer-centric, technologically leveraged and financially inclusive,” the new RBI...
