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Boeing vows new safety panel, design changes in response to 737 Max crashes

by AIP Online Bureau | Sep 26, 2019 | Reinsurance, Risk Management, Technology

  Boeing Co. aims to sharpen its focus on safety after the 737 Max’s grounding ends, forming a new oversight panel and recommending changes to the planemaker’s structure and design practices after two crashes that killed 346 people.   The...

Multiple cyber attacks on Airbus suppliers; possible link to China: Report

by AIP Online Bureau | Sep 26, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Paris: European aerospace giant Airbus has been hit by a series of attacks by hackers who have targeted its suppliers in their search for technical secrets, security sources told AFP, adding they suspected a China link.   There have been four major attacks...

How U.S. is attempting to manage risk from ‘Insider’ terrorist threat in aviation

by AIP Online Bureau | Sep 25, 2019 | Eco/Invest/Demography, International News

   The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the “insider threat” to aviation security.   Despite security upgrades since the hijacking...

India to offer Pacific island nations $150 mn credit line for climate issues

by AIP Online Bureau | Sep 25, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

'  New YorK: Prime Minister Narendra Modi has announced a $150 million line of credit to the group of Pacific island nations for undertaking solar, renewable energy and climate related projects based on their requirement.   Modi, who attended the...

Singapore minister to deliver keynote address at SIRC

by AIP Online Bureau | Sep 25, 2019 | International News, Non-Life, Reinsurance

  Singapore:  Ms Indranee Rajah, minister in the prime minister’s office and second minister for finance and education, has been confirmed as the guest-of-honour at this year’s Singapore International Reinsurance Conference (SIRC), at which she...
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