by AIP Online Bureau | Jun 21, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel, and new jets will help them grab a bigger share of international traffic The number of domestic...
by AIP Online Bureau | Dec 19, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
As they operate on an “aggregation” basis with marine and aviation war risk insurance, totting up the losses as one, claims in one area make reinsurers wary about the whole war risk sector, David Smith, head of hull and marine liabilities at broker McGill and Partners...
by AIP Online Bureau | Nov 1, 2022 | Indian News, Non-Life, Reinsurance
Significantly none of the domestic airlines, including two listed companies — IndiGo and SpiceJet — have so far made any public announcement on the grounding of the planes. “These will have a significant impact on financials in the second...
by AIP Online Bureau | Mar 9, 2022 | International News, Non-Life, Reinsurance
Western bans imposed after Russia’s invasion of Ukraine give most leasing firms until March 28 to sever ties with Russian airlines – sparking a game of cat-and-mouse from Asia to Africa as lenders frantically try to seize aircraft Leasing companies are...
