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Red Sea route accounts for 50% India’s exports, 30% of imports: Report

by AIP Online Bureau | Jan 28, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The Shanghai Northern Europe container freight rates have risen by over 300 per cent to USD 6,000-7,000/TEU) since November 2023 The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30...
Ram temple in Ayodhya can withstand once-in-2,500-year quake: Scientists

Ram temple in Ayodhya can withstand once-in-2,500-year quake: Scientists

by AIP Online Bureau | Jan 28, 2024 | Disaster & Management, Indian News, Risk Management, Technology

“The scientific study was done to ensure the structural safety of the temple for the Maximum Considered Earthquake, equivalent to a 2,500-year return period, The entire superstructure has been constructed using Bansi Paharpur sandstone, embodying a dry jointed...
“Actors falling ill, sets collapsing…”: Subhash Ghai on what made him introduce insurance policy in Bollywood

“Actors falling ill, sets collapsing…”: Subhash Ghai on what made him introduce insurance policy in Bollywood

by AIP Online Bureau | Jan 28, 2024 | Banking & Bancassurance, Features, Non-Life, Risk Management

Subhash Ghai “They(bank) provided banking facilities on our name and introduced insurance policies called Mukta Cine(Cine Mukta) policy. It’s not just about Mukta policy; it signifies a positive change in the industry.” Mumbai: Subhash Ghai, the...
Hike in incidents of compromising govt, high-profile persons’ social media accounts: CERT-In

Hike in incidents of compromising govt, high-profile persons’ social media accounts: CERT-In

by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

”Recent trends have shown an increase in incidents where scammers and threat actors take over social media accounts of high-profile personalities, official government accounts and enterprise accounts,” CERT-In, the national technology arm to combat cyber...
Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil

Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil

by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“Freight costs have soared to USD 400-500 per 20ft container and USD 600-700 for 40ft container shipments to the UK,” Debojyoti Basu, vice-president of the Calcutta Customs House Agents’ Association Kolkata: Exports from Kolkata port, a gateway to...
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