by AIP Online Bureau | Jan 28, 2026 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
ICICI Lombard General Insurance has reinsurnace support for providing the cover to the business aircraft by ceding manadatory four per cent to state owned GIC Re along with a treaty policy wth Munich Re The Learjet 45 (LJ45), a mid-size business jet aircraft produced...
by AIP Online Bureau | Jan 22, 2026 | Indian News, Non-Life, Reinsurance
The reversal is especially stark because Air India had been edging back toward profitability before the June Dreamliner crash — which killed more than 240 people — undid years of progress. The founders had targeted operational break-even this fiscal year, but...
by AIP Online Bureau | Jan 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Boeing 737-800 coming from Bangkok belly-landed and overran the runway at Muan International Airport, killing almost everyone on board after it struck a concrete support for a localiser antenna. The only survivors were two flight attendants at the far rear of the...
by AIP Online Bureau | Nov 24, 2025 | Indian News, Non-Life, Reinsurance
About 70 of the families have also received the ex gratia payment from the AI 171 memorial trust, with another 50 or so in the process of being dispersed, and we continue to reach out to the families of those affected, both as Air India and as Tata Sons, to offer the...
by AIP Online Bureau | Nov 13, 2025 | Indian News, Risk Management
Justice Joymalya Bagchi said, “The AAIB inquiry is not for apportion blame on anyone. It is only to clarify the cause so that the same does not happen again.” New Delhi: The Air India pilot has not been blamed in the AAIB’s preliminary report into the June 12 plane...
