by AIP Online Bureau | Aug 3, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Recomputing the compensation under various heads, including future earnings, attendant charges, pain and suffering, loss of amenities and future prospects, the Supreme Court enhanced the compensation to Rs 83.38 lakh with interest at 9 per cent per annum from the date...
by AIP Online Bureau | Jul 21, 2026 | Indian News, Non-Life, Regulation
The bench said insurers have, in many cases, exploited this ambiguity either to escape liability which they should rightfully bear, or conversely, found themselves burdened with the liability they never intended to assume simply because their policy language was...
by AIP Online Bureau | Jul 18, 2026 | Eco/Invest/Demography, Indian News, Policy
Surya Kant,Chief Justice of India Referring to Articles 21, 48A and 51A(g) of the Constitution, the Chief Justice said safeguarding the environment is a shared responsibility and essential for ensuring a cleaner, greener and more sustainable future for coming...
by AIP Online Bureau | Jul 15, 2026 | Indian News, Non-Life, Reinsurance
Sanjeev Mantri, MD & CEO, ICICI Lombard General Insurance The company said the quarter’s combined ratio included the impact of two large fire losses amounting to Rs 63 crore, which added 1 percentage point to the ratio. In addition, a recent Supreme Court...
by AIP Online Bureau | Jul 15, 2026 | Indian News
The affidavit stated that the objective of an aircraft accident investigation is solely to improve aviation safety and prevent future accidents, and not to apportion blame or determine civil or criminal liability. New Delhi:The Aircraft Accident Investigation Bureau...
