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UP plans law for insurance of passengers in vertical transport

UP plans law for insurance of passengers in vertical transport

by AIP Online Bureau | Mar 23, 2024 | Indian News, Non-Life, Risk Management, Technology

“One good thing that we have also provided in the draft is compulsory third-party insurance of passengers who will be entitled to monetary compensation in the event of any harm they suffer on account of a lift accident. Insurance coverage will be provided by the owner...
India’s universal health insurance plan achievable, says Devi Shetty

India’s universal health insurance plan achievable, says Devi Shetty

by AIP Online Bureau | Mar 17, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology

Devi Prasad Shetty, Founder and Chairman of Narayana Health This universal insurance program, according to Devi Shetty hasn’t happened because of an inherent trust deficit between stakeholders — insurance companies, hospitals, and patients New Delhi:India...
Cyber Insurance: Heightened Indian Risk

Cyber Insurance: Heightened Indian Risk

by AIP Online Bureau | Feb 26, 2024 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology

Cyber insurance premium costs have increased by over 50% over the past year. Several factors have contributed to the considerable increase in cyber insurance premium in India. This include the surge, sophistication and severity of cyber-attacks that have significantly...

Russia’s Aeroflot finalises insurance settlement for seven more planes

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, International News, Non-Life

Russia’s Aeroflot has finalized insurance settlements with leasing companies for seven more planes, it said on Friday Russia’s Aeroflot has finalized insurance settlements with leasing companies for seven more planes, it said on Friday. Planes leased by Russian...

ACORD announces new global advisory council to drive industry-wide collaboration and digitalisation

by AIP Online Bureau | Feb 13, 2024 | International News, Non-Life, Reinsurance, Technology

“With the accelerating pace of digital transformation in our industry, the formation of the ACORD Global Advisory Council is a timely and significant step towards increasing collaboration and alignment within leading insurance markets around the world. I look forward...
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