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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...

Rising war risks prompt property insurers to rethink cover

by AIP Online Bureau | Dec 8, 2023 | International News, Non-Life, Reinsurance, Risk Management

“There’s a chance that the reaction to Ukraine and others is going to have more of an impact on other parts of the world that are not live situations right now but could be live in the future like Taiwan. You can’t get anything in Ukraine at this point in time. For...
Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv

Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv

by AIP Online Bureau | Oct 14, 2023 | Indian News, Non-Life, Reinsurance

“The airlines had taken permission from its re/insurers to operate these two flights to Tel Aviv. The flights had normal  insurance covers available to airlines on international flights ’’ said industry sources A clutch of insurers including New India...
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