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Firm issued fake insurance for Russian oil tankers, Norway’s regulator says

Firm issued fake insurance for Russian oil tankers, Norway’s regulator says

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

Such vessels are not regulated or covered by conventional Western insurers, posing the risk of unsafe tankers and environmental damage in the event of a wreck. The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was...
Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah

Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Amit Shah, Union Minister of Home Affairs and Co-operation To further strengthen the cooperative sector in India, Shah said, a cooperative insurance company will be set up soon that will provide insurance coverage to all cooperative societies in the country. He exuded...

BIS chief says new policies needed to enhance resilience of private firms

by AIP Online Bureau | Feb 15, 2022 | Eco/Invest/Demography, International News, Policy, Risk Management

“I think that now we need to move more into more focused and targeted type of policies that can enhance the resiliency of firms — not of all of them because we know that they have been sectoral shifts, shifts in demand and so on and some firms regretfully...

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