by AIP Online Bureau | Feb 3, 2026 | Articles, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management, Technology
The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State...
by AIP Online Bureau | Jan 13, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
In the Asia-Pacific region, natural disasters resulted in overall losses amounting to roughly US$ 73bn; this is above the 10-year average of US$ 66bn. Only US$ 9bn was insured. In many lower-income countries, insurance penetration remains below 5% Munich: Natural...
by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The incident will trigger multiple coverage types, including property, public liability, employee compensation, group personal accident and numerous home contents claims. It remains too early to quantify total insured losses, insurers and reinsurers to bear most...
by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“…25 per cent of businesses say their most damaging data breach in the past three years cost their organisation at least USD 1 million, with exposure highest among enterprises generating USD 5 billion or more in revenue (45 per cent)” New Delhi: Nearly a quarter...
by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The wildfires that swept through parts of Los Angeles County in January constitute the largest-ever insured wildfire loss event by far, resulting in estimated insured losses of USD 40 billion. Zurich: Global insured losses from natural catastrophes reach USD 80...
