by AIP Online Bureau | Apr 28, 2025 | Indian News, Risk Management
Importantly, there were no injuries reported, it added. “As a precautionary measure and to facilitate necessary equipment replacements, operations at the plant will be temporarily paused for an estimated period of 20 to 25 days,” the company said. New Delhi: Aurobindo...
by AIP Online Bureau | Mar 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The engine fire is the latest in a series of high-profile aviation incidents that have raised questions about U.S. aviation safety, including the January 29 mid-air collision of an American Airlines regional jet and an Army helicopter that killed 67 people WASHINGTON:...
by AIP Online Bureau | Mar 10, 2025 | Disaster & Management, International News, Non-Life, Risk Management
The tanker, believed to be the U.S.-flagged chemical and oil products carrier MV Stena Immaculate, was at anchor at the time after sailing from Greece, according to ship-tracking site VesselFinder. The cargo vessel, Portugal-flagged container ship Solong, was sailing...
by AIP Online Bureau | Jan 29, 2025 | International News, Non-Life, Reinsurance
The Airbus A321 jet caught fire near the cabin’s back seats, Korea’s transport ministry said A fire broke out on a plane operated by Air Busan Co. at a local airport in South Korea late Tuesday, with everyone on board evacuated. Flight BX391, departing from Gimhae...
by AIP Online Bureau | Jan 5, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
“We are closely monitoring the evolving market dynamics and are taking all steps necessary to protect GIC Re’s interests. These measures would include enhanced risk assessment, collaboration with insurers and also prudent capacity allocation.’’ N Ramaswamy, CMD,...
