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Red Sea crisis: Exporters holding consignments as shipping costs rise

Red Sea crisis: Exporters holding consignments as shipping costs rise

by AIP Online Bureau | Jan 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

Around 80 per cent of India’s merchandise trade with Europe passes through the Red Sea and substantial trade with the US also takes this route. Both these geographies account for 34 per cent of the country’s total exports New Delhi: Indian exporters are...

Red Sea crisis may push shipping cost by up to 60 pc, insurance premiums by 20 pc: GTRI

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

The Houthi conflict’s disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said New Delhi: The increasing Red Sea crisis may impact trade as...

Global Economy: Rising shipping costs to push inflation

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...

Global healthcare benefit cost increases projected to largely continue into 2024, WTW survey finds

by AIP Online Bureau | Dec 12, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

“The high cost of new medical technologies is a key reason for the persistently high trend. Furthermore, in some regions, ongoing geopolitical conflicts and resulting displaced populations have negatively affected medical costs due to an increased need for care and...

Britain sets out plans to bring down cost of childcare

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Facts

The government has been forced to act after British childcare costs rose steadily to become among the most expensive in the world, according to the OECD, taking up nearly 30% of the income of a couple with two young children. Britain will expand free childcare to...
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