by AIP Online Bureau | Apr 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
India has also extended the registration of Russia’s Soglasie Insurance, Sberbank Insurance, Ugoria Insurance Group and ASTK Insurance until February 20, 2027, to provide protection and indemnity (P&I) cover for ships. It has allowed Dubai-based Islamic...
by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Earlier, the US had granted an exemption from sanctions to India for buying Russian oil for a month beginning March 5. A few days later, a similar waiver was extended to several other countries, which ended on April 11. Washington:The United States has extended by a...
by AIP Online Bureau | Mar 31, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London’s High Court ruled in June that AerCap can recover just over $1 billion from its “war risks insurers,” though that was less than the roughly $2 billion it sought under a broader all-risks clause. London:Insurers, including Chubb, Fidelis and syndicates at...
by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, International News, Risk Management
Although nuclear power plants produce energy themselves, they rely on an uninterrupted supply of external power from electrical substations to ensure reactor cooling. In the event of a sudden loss of power, emergency diesel generators are available. But if those fail,...
by AIP Online Bureau | Jan 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Risk Management
In late November, shipping insurance rates rose after Ukrainian naval drones hit two Russia-bound tankers in the Black Sea, incidents that prompted Moscow to threaten retaliation and Ankara to urge calm. Another vessel, Russian-flagged, said in early December that it...
