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Air India’s Ahmedabad-London flight with 242 people crashes in seconds after take off, just one survives

Air India’s Ahmedabad-London flight with 242 people crashes in seconds after take off, just one survives

by AIP Online Bureau | Jun 12, 2025 | Indian News, Non-Life, Reinsurance

Air India had renewed its mega $20 billion insurance policy with multinational re/insurer AIG as the lead reinsurer since Apr 1. The primary insurers for the Air India policy are- Tata Aig General Insurance( lead insurer), ICICI Lombard General Insurance, New India...
FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London

FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London

by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Technology

The key priorities for the India-UK Economic and Financial Dialogue on the Indian side have been flagged as cooperation in IFSC GIFT City, investment, insurance and pension sectors, fintech and digital economy, and mobilising affordable and sustainable climate finance...
GIC Re to set up a wholly owned subsidiary in UK

GIC Re to set up a wholly owned subsidiary in UK

by AIP Online Bureau | Feb 4, 2025 | Indian News, Non-Life, Reinsurance

GIC Re has also branch offices in London and Kuala Lumpur. In April 2018, syndicate fully capitalised by GIC Re became operational at Lloyd’s of London. GIC Re has 100% subsidiary in South Africa, Russia, United Kingdom and also associate companies in Bhutan,...

Nord Stream sues insurers in London over 2022 pipeline blasts

by AIP Online Bureau | Mar 13, 2024 | International News, Non-Life, Reinsurance, Risk Management, Technology

Nord Stream AG names Lloyd’s Insurance Company and Arch Insurance (EU) DAC as defendants in its lawsuit, which was filed at London’s High Court last month LONDON: Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in...
Eurostar cancels trains due to flooding, stranding hundreds of travelers in Paris and London

Eurostar cancels trains due to flooding, stranding hundreds of travelers in Paris and London

by AIP Online Bureau | Dec 30, 2023 | International News, Non-Life, Reinsurance

The U.K. has been battered by strong, gusty winds and heavy rain brought by Storm Gerrit throughout the holiday period. More stormy weather and travel disruption is expected during the last weekend of the year The holiday travel plans of hundreds of people were...
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