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US-bound Air India plane gets bomb threat, escorted to UK by fighter jets

by AIP Online Bureau | Jun 27, 2019 | Indian News, Non-Life, Risk Management

  London: US-bound Air India plane gets bomb threat, escorted to UK by fighter jets An Air India passenger plane flying to the United States was escorted by British fighter jets to land in London on Thursday after a bomb threat.   Air India said flight AI...

Building trust is key to addressing underinsurance in mature markets: Geneva Association Customer Survey 

by AIP Online Bureau | Jun 27, 2019 | Eco/Invest/Demography, Facts, Intermediaries

  ZURICH: Insurance protection gaps in mature markets could be narrowed by reinforcing trust in insurers, finds a customer survey of The Geneva Association, the global organisation of chief executive officers of insurance and reinsurance companies.   The...

Investors with $34 trillion demand urgent climate change action

by AIP Online Bureau | Jun 27, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  LONDON : Investors managing more than $34 trillion (£27 trillion) in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 biggest...

Discovery of new risk with Boeing 737 to prolong grounding

by AIP Online Bureau | Jun 27, 2019 | International News, Non-Life, Risk Management

  The U.S. Federal Aviation Administration has identified a new risk that Boeing Co. must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.   The risk was discovered during a simulator test last week and it...

Ex-AIG employees, seeking back-bonuses of $100M, win British court ruling

by AIP Online Bureau | Jun 27, 2019 | International News, Non-Life

London: A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle to obtain $100 million dating back to the financial crisis, after he said that the insurance giant couldn’t put forward...
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