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Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv
``The airlines had taken permission from its re/insurers to operate...
Israel to provide $6 billion in aviation war insurance
The guarantee framework will grant Israeli airlines insurance...
10,349 farmers committed suicide in 2018: NCRB
Majority of suicides were reported in Maharashtra (17,972) followed by Tamil Nadu (13,896), West Bengal (13,255), Madhya Pradesh (11,775) and Karnataka (11,561), accounting for 13.4, 10.3, 9.9, 8.8 and 8.6 per cent respectively,
Cholamandalam GI and Toyota Tsusho lnsurance Broker penalised for violating MISP norms
Maruti lnsurance Broking Hero lnsurance Broking lndia have brought stays from the Securities Appellate Tribunal (SAT) against IRDAI’s decision to fine them for violating the Motor lnsurance Service Provider (MISP) norms
CCI looks into allegation against Maruti Suzuki over car insurance: Report
The Competition Commission of India (CCI) in June last year received an anonymous complaint alleging insurance plans recommended by Maruti while selling cars resulted in customers paying more compared with other options in the market.Based on the complaint, the CCI is assessing whether Maruti has engaged in so-called “tie-in arrangements”, in which a car maker promotes preferred suppliers of complementary goods such as lubricants or insurance, the sources said.
IRDAI penalises Malaysian brokers for cheating TATA-AIG in Rs 300 cr crop reinsurance deal
It all started when TATA-AIG General, which has since exited the crop insurance business after losing money heavily in the deal, made a complaint to IRDAI against Unison lnsurance Broker on Dec 21,2018 alleging fraud in reinsurance placement pertaining to crop insurance,with a premium of around Rs 300 crore in Rajasthan cluster for Kharif 2018.
Tensions between U.S. and Iran hamper probe of Boeing 737-800 crash near Tehran
Given that the crash of Flight 752 came hours after a barrage of Iranian missiles were fired on U.S. bases in Iraq, speculation also turned to a possible accidental attack by Tehran’s own air defense system.
Iran investigation says Ukrainian jet was on fire before crash
Five security sources – three Americans, one European and the Canadian – who asked not to be named, told Reuters the initial assessment of Western intelligence agencies was that the plane had suffered a technical malfunction and had not been brought down by a missile.In Kiev, Ukraine’s President Volodymyr Zelenskiy said the government was considering several possible causes of the plane crash.
Re/insurers remain on alert as U.S.,Iran signal desire to avoid further conflict
The Joint War Committee (JWC), which is comprised of underwriting representatives from Lloyd’s and IUA company markets, has also said that currently, there is no dramatic change to the strategic maritime picture in light of elevated tensions between the U.S. and Iran
Govt to tweak bill to regulate digital media to ease burden on tech firms
India’s IT ministry has previously said stricter regulations were necessary to safeguard users and the nation’s security as the Internet has emerged as a “potent tool to cause unimaginable disruption to the democratic polity”.
HDFC ERGO Health and HDFC ERGO General to seek NCLT nod soon for their merger
AnujTyagi, executive director & chief business officer at HDFC ERGO General Insurance Company Limited(HDFC ERGO General) has been appointed as the new Managing Director & CEO ofHDFC ERGO Health, subject to approval from the IRDAI
Uber partners with Hyundai on electric air taxi
Hyundai will unveil a concept electric aircraft developed with Uber at CES, with the self-flying electric car designed to carry up to four passengers with a pilot and fly on trips of up to 60 miles (100 km).