by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
All civil flight activities at these airports will remain suspended during this period. The Airports Authority of India (AAI) has also extended the temporary closure of 25 segments of Air Traffic Service (ATS) routes within the Delhi and Mumbai Flight Information...
by AIP Online Bureau | May 9, 2025 | Indian News, Non-Life, Policy, Reinsurance, Risk Management
“It does not look nice that cricket goes on while the country is at war,” a BCCI official told PTI, confirming the suspension of the league, which was to wind up on May 25 in Kolkata Mumbai: The Indian Premier League (IPL) was on Friday suspended...
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...
by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, Indian News, Risk Management
“The outbreak of hostilities between India and Pakistan has increased regional credit risks, especially for the two sovereigns involved. Our base case is for the intense military actions to be temporary, which will give way to a longer period of contained and...
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...
