by AIP Online Bureau | Jun 24, 2025 | Indian News, Regulation, Risk Management
Among other defects, the regulator found that a simulator was not matching with the aircraft configuration and also the software was not updated to the current version. New Delhi: Aviation watchdog DGCA on Tuesday said surveillance conducted at major airports revealed...
by AIP Online Bureau | Jun 24, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The Iran-Israel conflict is, in many ways, a stark reminder of the insurance industry’s evolving role as an absorber of geopolitical and systemic risk in an increasingly interconnected world, says Morningstar DBRS, a global credit rating agency The hostilities...
by AIP Online Bureau | Jun 3, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Nick Careen, Senior Vice President,IATA “Specific to the Indian market, we don’t have any real concerns…We have not seen any major problems or any major concerns” New Delhi: Nick Careen, IATA’s Senior Vice President, Operations, Safety and...
by AIP Online Bureau | May 7, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
Indian airlines have informed the insurers including New India Assurance, Tata AIG General Insurance, ICICI Lombard General Insurance that they are going by the advise of the Indian government and no aircrafts have been parked in any of the airports around Indo-Pak...
by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Analysis of more than 32,000 industry claims from 2019 – 2024 with a total value of US$15bn (€14bn) shows that collision or crash incidents (63%) and faulty workmanship or defective products (22%) are accountable for 85% of the value. Other incidents like...
