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Re/insurers keep a close watch on elevated Indian risks

Re/insurers keep a close watch on elevated Indian risks

by AIP Online Bureau | May 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Industry sources have said risk perception of Indian market has remained at an elevated level as the government has pronounced any act of terror from Pakistan soil will be considered as an act of war which will impact how terror covers and claims are dealt with in...

Denmark plans $1 billion war insurance for its merchant fleet

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
Retaliation risk looms for some U.S. corporates as trade war continues: Fitch

Retaliation risk looms for some U.S. corporates as trade war continues: Fitch

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

The scope of potential retaliation is evolving as the trade war focus shifts to China. This raises the risk for other sectors like technology, agriculture, gaming and autos as some casinos and original equipment manufacturers have licenses or joint ventures in China,...

China state media warn Trump against mutually destructive tariff war

by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Risk Management

Economists have begun downgrading their growth targets for China’s $19 trillion economy for 2025 and 2026 in anticipation of further tariffs promised by Trump during the election campaign, and are warning Americans to brace for an increase in the cost of living. “For...

Multibillion-euro court battle over stranded Russian jets begins in Dublin

by AIP Online Bureau | Jun 11, 2024 | International News, Non-Life, Reinsurance

Lessors are suing dozens of insurers around the world over losses of at least $8 billion after more than 400 planes were prevented from leaving Russia when Western sanctions over Moscow’s war in Ukraine forced the termination of their leases. Lloyd’s of London, Chubb...
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