by AIP Online Bureau | Jan 28, 2026 | Indian News, Non-Life, Reinsurance, Risk Management
The total policy sum insured for excess moisture and drought parametric coverage was Rs 1.5 crore for around 2,200 acres of land spread across four districts: Tonk in Rajasthan and Gorakhpur, Jaunpur and Varanasi in Uttar Pradesh. Bengaluru: Go Digit General Insurance...
by AIP Online Bureau | Jan 28, 2026 | Eco/Invest/Demography, Indian News, Risk Management
On September 22, while entertaining the plea of the NGO, the top court termed as “unfortunate and irresponsible” the selective publication of a preliminary report on the Air India crash, which outlined lapses on the part of pilots and paved the way for a “media...
by AIP Online Bureau | Jan 28, 2026 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
ICICI Lombard General Insurance has reinsurnace support for providing the cover to the business aircraft by ceding manadatory four per cent to state owned GIC Re along with a treaty policy wth Munich Re The Learjet 45 (LJ45), a mid-size business jet aircraft produced...
by AIP Online Bureau | Jan 27, 2026 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation
India ranks sixth globally in climate vulnerability, according to the Germanwatch Global Climate Risk Index 2025, which tracked events between 1993 and 2022.During this period, India experienced over 400 extreme weather events, resulting in at least 80,000 deaths and...
by AIP Online Bureau | Jan 27, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Mike Pritchard, the director of climate simulation research for Nvidia and a professor of earth system sciences at the University of California, Irvine, said that one of the practical business applications of the new weather models will be in the insurance industry....