by AIP Online Bureau | Jun 18, 2022 | Indian News, Non-Life, Reinsurance
The `Pool’, which only covers the Cargo and not the Hull, was initiated at the instance of ministry of finance, is already in place this week after receiving due approvals from the insurance regulator IRDAI Effectively, any claim within Rs 500 crore per shipment of...
by AIP Online Bureau | Mar 16, 2022 | International News, Non-Life, Reinsurance
“We’ll keep deploying our expertise, resources and networks – covering crucial areas like cyber, space and political risk – to help deliver an effective sanctions regime against Russian assets,” Lloyd’s said in a statement on its website dated March...
by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Insurance broker Willis Towers Watson also said on Sunday it would withdraw from Russia, following similar moves by rivals Marsh and Aon FRANKFURT: FRANKFURT/LONDON/ZURICH: Allianz and Swiss Re said on Monday they were cutting back on Russian business as European...
