by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“Most of our travel policies have an exclusion that doesn’t cover situations arising due to acts of any public authority like governments forcing airports to shut down,’’ said a senior official of New India Assurance Mumbai: With major escalation of Indo-Pak...
by AIP Online Bureau | May 7, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
Indian airlines have informed the insurers including New India Assurance, Tata AIG General Insurance, ICICI Lombard General Insurance that they are going by the advise of the Indian government and no aircrafts have been parked in any of the airports around Indo-Pak...
by AIP Online Bureau | May 4, 2025 | Data, Eco/Invest/Demography, Policy, Regulation, Technology
One thing is certain, AI is not just a technical investment, it’s a strategic business priority for insurers. It demands leadership, cultural alignment, and organisational agility – areas where the US seems to be leading the way right now LONDON: New research...
by AIP Online Bureau | Apr 24, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance
The move comes as growing scrutiny of Russia’s oil supply chain by Washington and the European Union, including compliance with a price cap set by G7 for the use of Western ships and insurance, makes it increasingly difficult for Moscow to export its oil.India...
by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management
“Insurance companies have financial exposure to public equities — more so for P/C companies—whose decline will lead to unrealized losses and ultimately, declines in capital.There are 166 P/C insurers that have more than 25% of their assets allocated to...
