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Russia certifier steps in after India drops safety cover for sanctioned ships

Russia certifier steps in after India drops safety cover for sanctioned ships

by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation

Major insurers and ship engine makers have already withdrawn cover for Russia’s tanker fleet, which Moscow is relying on to maintain the country’s oil trade after Washington and its allies including the European Union imposed a raft of sanctions for its invasion of...

Breast cancer screening should begin at age 40, US panel says

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Health, Risk Management, Workplace/Employee Benefits

U.S. insurers are already required by law to fully cover mammograms for women over age 40 who want them, but the U.S. Preventive Services Task Force ( USPSTF’s) recommendation will now ensure the continuity of that coverage under the Affordable Care Act beyond...
Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day

Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day

by AIP Online Bureau | Apr 14, 2024 | Health, Indian News, Life, Non-Life, Regulation, Technology

Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment’ in the Indian insurance industry Mumbai: Debasish...
Who Will Pay for the Baltimore Bridge Collapse?

Who Will Pay for the Baltimore Bridge Collapse?

by AIP Online Bureau | Apr 7, 2024 | Articles, Non-Life, Reinsurance, Risk Management

Experts in maritime law and insurance said determining liability was particularly complex because of the many parties involved, from shipowners in Asia to insurers in Europe to companies around the world that move goods in and out of Baltimore. Numerous lawsuits are...
IRDAI asks insurers to keep their branches open on Mar 30- 31

IRDAI asks insurers to keep their branches open on Mar 30- 31

by AIP Online Bureau | Mar 28, 2024 | Health, Indian News, Life, Non-Life, Regulation

`Insurers may take note of the above and give adequate publicity to the special arrangement made as above,” said the IRDAI on Thursday Hyderabad: Like its banking counterpart Reserve Bank of India(RBI), insurance regulator IRDAI has also asked insurers to keep...
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