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Insurers remain high alert over Indian missile attacks on Pak terror targets

Insurers remain high alert over Indian missile attacks on Pak terror targets

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...
US insurers pulling ahead in AI investment, strategy execution

US insurers pulling ahead in AI investment, strategy execution

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...
3 more Russian insurers seek India’s nod to provide cover for oil tankers

3 more Russian insurers seek India’s nod to provide cover for oil tankers

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...
Challenges from tariff uncertainty likely credit negative for insurers: AM Best

Challenges from tariff uncertainty likely credit negative for insurers: AM Best

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...
SC summons MoRTH top officials for failing to implement `golden hour’ scheme for road accident victims

SC summons MoRTH top officials for failing to implement `golden hour’ scheme for road accident victims

by AIP Online Bureau | Apr 9, 2025 | Indian News, Non-Life, Policy

Sources in the industry pointed out that the MoRTH has already transferred around Rs 450 crore , mobilised by the general insurers to be spent in `golden hour’ treatment,  to its own account so that it can implement the scheme directly without involving the insurers...
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