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Expanding missile threats and airspace closures are straining airlines

Expanding missile threats and airspace closures are straining airlines

by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

With increasing airspace closures around Russia and Ukraine, throughout the Middle East, between India and Pakistan and in parts of Africa, airlines are left with fewer route options NEW DELHI: Proliferating conflict zones are an increasing burden on airline...

Flights again halted to Israel after Houthi missile lands near airport

by AIP Online Bureau | May 5, 2025 | Eco/Invest/Demography, International News

Following a ceasefire deal with Palestinian militant group Hamas in January, foreign carriers had begun to resume flights to Israel after halting them for much of the last year and a half since the Oct. 7, 2023 Hamas attack. European and U.S. carriers canceled flights...
Bangladesh seeks $22.4 million after missile hits ship in Ukraine

Bangladesh seeks $22.4 million after missile hits ship in Ukraine

by AIP Online Bureau | Mar 19, 2022 | International News, Non-Life, Reinsurance

The war risk cover was provided by Dhaka-based Sadharan Bima Corp. and reinsured through Lloyd’s of London broker Tysers, a source at Sadharan Bima said Sadharan Bima’s exposure was 10% with Tysers covering the remaining 90% Insurance premiums have soared...

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