by AIP Online Bureau | May 23, 2024 | International News, Non-Life, Reinsurance, Risk Management
Under the Montreal Convention, Singapore Airlines is liable for accidents, which can include turbulence, on international flights regardless of whether the airline was negligent, according to U.S. aviation lawyers Travel insurance policies “will likely” cover injuries...
by AIP Online Bureau | May 23, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Risk Management
The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a newspaper report claiming a loss of 2.33 million hectares of tree cover across states since 2000 The NGT also sought a report from the director of the Survey of India showing...
by AIP Online Bureau | May 23, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The increasing demand for data in specialty insurance has prompted underwriters and brokers to begin harnessing synthetic data to supplement existing datasets, improving risk assessment efficiency. This is because synthetic data offers solutions to several key...
by AIP Online Bureau | May 23, 2024 | Disaster & Management, Indian News, Risk Management
Five men and two women were killed in the incident but their bodies were charred beyond recognition, said Yasin Tadvi, chief of the disaster management cell of the Thane Municipal Corporation Thane: As many as seven persons were killed and more than 40 injured...
by AIP Online Bureau | May 23, 2024 | Eco/Invest/Demography, Indian News, Policy
“The additional dividends from the RBI are around 0.35 per cent of GDP. Whether it would support the narrowing of the fiscal deficit in fiscal 2024-25 would really depend on the final budget that would be passed after the June election results,” said...
