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Chinese carriers, Ethiopian Airlines suspend use of Boeing 737 MAX 8 aircraft after crash

by AIP Online Bureau | Mar 11, 2019 | International News, Non-Life, Risk Management

BEIJING/SHANGHAI/Mumbai China’s aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX 8 aircraft operated by its airlines, more than a quarter of the global fleet of the jets, after a deadly crash of one of the planes in Ethiopia.   An...

AIC chief TL Alamelu appointed as member,non-life,IRDAI

by AIP Online Bureau | Mar 10, 2019 | Indian News, Non-Life

  New Delhi: The center on Sunday, when the Election Commission(EC) announced the schedules for the general election in the country, appointed Alamelu T Lakshmanachari, 58,chairman-cum-managing director, Agriculture Insurance Company(AIC) as a Member...

Irdai panel suggests host of steps for speedy settlement of insurance claims

by AIP Online Bureau | Mar 10, 2019 | Indian News, Intermediaries, Non-Life

  New Delhi: A panel set up by insurance regulator Irdai has suggested modifications in the norms for surveyors and loss assessors in order to attract youngsters and promote expeditious settlement of claims.   Surveyors and loss assessors in insurance is a...

FPIs pump in Rs 2,741 crore in March so far on positive market outlook

by AIP Online Bureau | Mar 10, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Overseas investors have pumped in a net Rs 2,741 crore into the Indian capital markets in the first five trading sessions of March, mainly due to positive market sentiment. As per analysts, the positive change is triggered by domestic as well as global...

Only 4% green buildings in India due to lack of expertise, funding: Survey

by AIP Online Bureau | Mar 10, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

New Delhi: About four per cent of buildings in India are "green" but a lack of technical expertise to execute projects and funding to pay for improvements remain the biggest barriers to investment, according to a new study.   Green building is the...
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