by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
All 379 people on board the JAL 9201.T Airbus AIR.PA A350 widebody jet escaped before the plane was completely engulfed in flames that took more than six hours to extinguish TOKYO: Japan Airlines on Thursday said it expected losses of more than $100 million after one...
by AIP Online Bureau | Jan 4, 2024 | Indian News, Non-Life, Reinsurance
Indian insurance industry sources said GIC Re will be paying around Rs18 crore while three other PSU general insurers, New India Assurance(NIA), Oriental Insurance Company(OIC) and National Insurance Company(NIC)will have fork out Rs 5 crore each to meet their part of...
by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The Japan Airlines policy mainly covers damage to the hull, one of the sources said. U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided with another plane at Tokyo’s Haneda airport, two insurance...
by AIP Online Bureau | Jan 4, 2024 | Data, Eco/Invest/Demography, Health
The total active caseload of the viral disease was logged at 4,423, a decrease of 17 since Wednesday morning, according to the Ministry of Health and Family Welfare. (MoHFW) New Delhi: A single-day rise of 760 new cases of Covid were recorded in the country as two...
by AIP Online Bureau | Jan 4, 2024 | Indian News, Pension & Social Security, Workplace/Employee Benefits
Under the OPS, a government employee gets a monthly pension equivalent to 50 per cent his/her last drawn salary. There was no need for contribution by employees. The OPS was discontinued in the state in 2005 Mumbai: The Maharashtra cabinet on Thursday cleared a...
