by AIP Online Bureau | Oct 2, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation
As per a recent Crisil Ratings report, Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, north Africa, and part of the Middle East. The country’s overall merchandise trade (exports and imports combined) in FY23 was Rs...
by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Through the offering, ports can now secure an additional cover should certain wider events beyond their control lead to ships being diverted away from or refusing to sail to their facilities. The facility also provides additional cover for ports impacted by blockages...
by AIP Online Bureau | Jan 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Tanker rates will increase and futures are up this morning,” said John Kartsonas, managing partner at Breakwave Advisors, who added that dry bulk remains the least affected sector. Major importers like Tesla , Geely-owned Volvo Car and Ikea already have...
by AIP Online Bureau | Feb 14, 2022 | Eco/Invest/Demography, Facts, Health, Pandemic, Policy
The crisis isn’t over until it’s over everywhere. The effects will continue to reverberate through wealthier nations — disrupting supply chains, travel plans and health care — as the coronavirus largely dogs under-vaccinated developing countries over the coming...