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Ukraine evacuates trapped Seafarers, foreign mariners count cost of war

by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance

Many shipping firms have suspended sailings to affected Black Sea ports and other terminals in Ukraine. Insurance premiums for voyages have soared since Russia’s invasion on Feb. 24, an action Moscow calls a “special operation” Ukraine’s Maritime Administration has...

FPIs pull out massive Rs 17,537 cr from Indian markets

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”The market sentiments have been impacted globally by the uncertainty triggered by the war and the surge in crude,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Mumbai: Foreign portfolio investors (FPIs) pulled out as much...

Airlines likely to avoid Ukraine’s airspace amid insurance issues

by AIP Online Bureau | Feb 14, 2022 | Intermediaries, Non-Life, Reinsurance

News agency Interfax Ukraine said Ukrainian insurance companies had received a notification from reinsurers that airlines were not covered for war risks More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European...
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