by AIP Online Bureau | May 11, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
The BNP, that cover all maritime risks like Hull and Machinery, Cargo, P&I and War risk, will have a sovereign guarantee of Rs 12.980 crore which was approved by the government on Apr 18. New Delhi:The Indian government is launching its first ever $100 million...
by AIP Online Bureau | May 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy
Under the revised guidance, contracts with completion deadlines on or after February 28, 2026, that have been affected directly or indirectly by the West Asia disruptions may be granted an extension of at least two months and up to four months, without any penalty or...
by AIP Online Bureau | Apr 30, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The government said India remained a relative bright spot, with the International Monetary Fund raising its 2026-27 growth forecast for the country to 6.5% from 6.4%.However, it warned that risks were tilted toward higher inflation, wider fiscal and external...
by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Earlier, looking beyond the ongoing West Asia crisis, which has severely paralysed global maritime trade and as a permanent measure,the Government and the Indian general insurers, led by state owned GIC Re, New India Assurance(NIA) and other general insurers, have...
by AIP Online Bureau | Apr 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The BNP will provide three kind of covers- Hull, Cargo and Protection & Indeminity(P&I) and has different sum assured for each of the segments which can be utilised on a floater basis for certain premiums. New Delhi:Looking beyond the ongoing West Asia crisis,...
