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Crop Loss:Chouhan asks officials to expedite insurance claims to farmers

Crop Loss:Chouhan asks officials to expedite insurance claims to farmers

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare, and Rural Development Chouhan stated that the government’s focus is not limited to production alone, but also extends to the scientific assessment of crop damage, proper settlement of...
US allies see no way of opening Hormuz Strait during war

US allies see no way of opening Hormuz Strait during war

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

European capitals are preparing to combine military and insurance options for a post-conflict transition period.The UK has been in talks with Lloyds of London — the world’s largest insurance market — about insurance products and prices for when that happens, according...

US sending Marines and amphibious assault ship to Middle East, officials say

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Even if the conflict does stop soon, there will be no rapid recovery from the upheaval caused by airstrikes and Iran’s virtual closure of the Strait of Hormuz, the conduit for 20% of the world’s oil and liquefied natural gas The U.S. military is deploying a large...
Indian gas tankers getting ready to sail through Hormuz, data shows

Indian gas tankers getting ready to sail through Hormuz, data shows

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

India’s foreign ministry spokesperson, Randhir Jaiswal, said separately on Friday that the country was “in favor of safe and unhindered movement” of India’s fleet of 22 vessels which were inside the Gulf, adding that Prime Minister Narendra Modi was talking to other...

Credit Guarantee Scheme for MFIs approved

by AIP Online Bureau | Mar 20, 2026 | Workplace/Employee Benefits

The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders to non-banking finance company-MFIs and MFIs till end-June, the government-run National...
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