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Iran-Israel conflict: Re/insurers face complex set of financial, operational, and strategic risks

Iran-Israel conflict: Re/insurers face complex set of financial, operational, and strategic risks

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...

IATA has no concerns with India’s aviation safety and infrastructure readiness

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...
Insurers remain high alert over Indian missile attacks on Pak terror targets

Insurers remain high alert over Indian missile attacks on Pak terror targets

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...
Global aviation insurance premium to hit a 20-year high of more than $8bn in 2024, says Allianz

Global aviation insurance premium to hit a 20-year high of more than $8bn in 2024, says Allianz

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...

Need to focus on improving airlines viability; ensure environmental sustainability: Eco Survey

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy

“The aviation industry in India is on the cusp of unprecedented growth, with a strong order book of more than 1500 aircraft placed by Indian airlines and a projected demand for over 2,200 aircraft by 2042,” it said. For India to take a leadership position...
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