by AIP Online Bureau | Jun 13, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
A few years back, the US watchdog Federal Aviation Administration (FAA) had stopped deliveries of the Dreamliners due to certain issues but the plane was never involved in any fatal crash till Thursday New Delhi: The Boeing 787-8 Dreamliner, known for its advanced...
by AIP Online Bureau | Jun 13, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
London market sources said there can be a claim of Rs 700 crore( $81 million)for Hull Loss (Aircraft Damage) as the Boeing 787-8 aircraft has been declared a total loss. There will be a Passenger Liability claims of around Rs 320 crore as under the Montreal...
by AIP Online Bureau | Jun 12, 2025 | Indian News, Non-Life, Reinsurance
Air India had renewed its mega $20 billion insurance policy with multinational re/insurer AIG as the lead reinsurer since Apr 1. The primary insurers for the Air India policy are- Tata Aig General Insurance( lead insurer), ICICI Lombard General Insurance, New India...
by AIP Online Bureau | May 7, 2025 | Eco/Invest/Demography, Indian News, Risk Management
Sources said that at least 18 airports in the northern and western parts of the country have been temporarily shut. These airports include Srinagar, Leh, Jammu, Amritsar, Pathankot, Chandigarh, Jodhpur, Jaisalmer, Shimla, Dharamshala and Jamnagar,they added New Delhi/...
by AIP Online Bureau | Oct 2, 2024 | Eco/Invest/Demography, Indian News
German carrier Lufthansa on Wednesday cancelled its flights from Hyderabad to Frankfurt (LH753/01) and from Mumbai to Frankfurt (LH757/01) due to current situation in West Asia New Delhi: Amid escalating tensions in West Asia, some flights from Europe to India have...