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Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025

Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

In Asia, the upstream market also remains decisively buyer-friendly, underpinned by another year of benign loss experience and insurers’ view of Asia as a core growth region. The lack of major upstream energy losses through 2025 has reinforced the region’s status as...
SC agrees to hear plea to implement disability-sensitive guidelines for welfare insurance schemes

SC agrees to hear plea to implement disability-sensitive guidelines for welfare insurance schemes

by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News, Life, Policy

A bench of Justices Vikram Nath and Sandeep Mehta agreed to hear the plea which sought a direction to the Centre to exercise policy oversight to ensure that welfare insurance schemes for persons with disabilities are implemented in conformity with the guarantees under...
Shipowners rushing  for insurance cover to transit Strait of Hormuz

Shipowners rushing for insurance cover to transit Strait of Hormuz

by AIP Online Bureau | Apr 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The Strait of Hormuz remained largely blocked as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight Shipowners are placing “huge volume requests” for insurance...
Jio Fin Services expects to begin life, general insurance biz in 2026

Jio Fin Services expects to begin life, general insurance biz in 2026

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

“We hope to start insurance manufacturing in 2026, subject to regulatory approvals, The company is working towards building the necessary teams for the insurance foray.” Hitesh Sethia,chief executive and managing director said Mumbai:After commencing its...
Pilots’ association urges DGCA to suspend flights in high-risk conflict zones in West Asia, mandate insurance coverage

Pilots’ association urges DGCA to suspend flights in high-risk conflict zones in West Asia, mandate insurance coverage

by AIP Online Bureau | Mar 28, 2026 | Eco/Invest/Demography, Non-Life, Regulation, Risk Management

In a letter to DGCA, Airline Pilots’ Association of India (ALPA India) said commercial airlines do not possess the requisite intelligence, surveillance capabilities, or geopolitical risk assessment infrastructure necessary to adequately evaluate threats in...
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