by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, International News
The ruling relates to 147 planes and 16 engines that had insurance claims worth $4.5 billion attached. While it’s a victory for the lessors, the judge clarified what kind of insurance policies covered the losses, meaning not everything would be covered. Insurance...
by AIP Online Bureau | Jun 2, 2025 | Health, Indian News, Non-Life, Regulation
“Gross domestic premium income(GDPI) growth is expected to improve in FY2026 supported by pricing discipline in commercial lines and low base, continued growth in health and increase in vehicle sales vis-à-vis FY2025. Private insurers are expected to expand their...
by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation
Eliminating cross shareholdings is seen by many as a yardstick for measuring corporate governance reform at Japanese companies. Japan’s industry body for non-life insurers told its members in September to cut their cross-shareholdings in the aftermath of a...
by AIP Online Bureau | May 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Industry sources have said risk perception of Indian market has remained at an elevated level as the government has pronounced any act of terror from Pakistan soil will be considered as an act of war which will impact how terror covers and claims are dealt with in...
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...
