by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Suez Canal is used by roughly one third of global container ship cargo. Redirecting ships around the southern tip of Africa is expected to cost up to $1 million in extra in fuel for every round trip between Asia and northern Europe Denmark’s Maersk and...
by AIP Online Bureau | Jan 3, 2024 | Indian News, Life, Policy, Regulation
The demand for Telangana came a day after LIC on Monday received a similar notice demanding about Rs 806 crore for short payment of GST for 2017-18 along with interest and penalty for Maharashtra Mumbai: Life Insurance Corporation of India (LIC) on Tuesday said tax...
by AIP Online Bureau | Jan 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Under the Bharatiya Nyaya Sanhita (BNS), set to replace the Indian Penal Code, drivers who cause serious road accidents due to negligent driving and run away without informing authorities face up to 10 years in prison or a fine of Rs 7 lakh Mumbai/ New Delhi:...
by AIP Online Bureau | Jan 2, 2024 | Indian News, Non-Life, Policy
The five GMs are –BS Rahul, Agriculture Insurance Company(AIC), Sunita Gupta, Oriental insurance Company(OIC), Hitesh Joshi along with two of his other colleagues V Balkrishna and his spouse Jayshree Bala from GIC Re Rahul will only be considered for UII and NIA...
by AIP Online Bureau | Jan 2, 2024 | International News, Non-Life, Reinsurance
All the 367 passengers plus eight toddlers and 12 crew on board the Airbus SE A350-900 plane were safely evacuated, an airline spokesperson said by telephone. Flight JL516, operated by a 2 year old Airbus A350-900 jet, took off from New Chitose airport near Sapporo at...
