by AIP Online Bureau | Sep 5, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Eleven Nepali hydropower projects lie in the affected region, some covered by standard commercial insurance policies that are still being assessed, said Toton Chakraborty, CEO of Oriental Insurance Company Nepal. MUMBAI:The devastating flood in Nepal last week could...
by AIP Online Bureau | Sep 5, 2026 | Indian News, Non-Life, Workplace/Employee Benefits
The income of a homemaker needs to be calculated based on the minimum wages of a skilled worker. NEW DELHI: A Motor Accident Claims Tribunal (MACT) here has awarded Rs 86.45 lakh compensation to the family of a 31-year-old woman, who lost her life in a 2017 accident,...
by AIP Online Bureau | Sep 4, 2026 | Health, Indian News, Life
The commission, however, pointed out that the medical examination form submitted on May 20, 2021, before the policy issuance, clearly stated the insured consumed “whisky of 90 ml twice in a month since 15 years”. Further, relying on Supreme Court orders...
by AIP Online Bureau | Sep 4, 2026 | Indian News, Risk Management
The state is working towards what could be the country’s first dedicated GLOF Risk Mitigation Protocol, aimed at creating a standardised scientific framework for assessing, preparing for and mitigating glacial flood risks. GANGTOK: The eastern Himalayan state of...
by AIP Online Bureau | Sep 4, 2026 | Indian News, Non-Life, Regulation, Reinsurance
“In view of a non-negative result for psychoactive substances for one of the flight crew, it is recommended that DGCA may take appropriate actions as deemed fit to prevent abuse of psychoactive substances,” AAIB said in its interim safety recommendation....
by AIP Online Bureau | Sep 4, 2026 | Intermediaries, International News, Non-Life, Reinsurance
Laurent Rousseau as Head of International, Marsh Re said,“Today’s risk environment demands both deep local expertise and a truly global perspective. I look forward to working with our international teams to build on our strong foundation and bring the tailored...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Technology
According to data from Downdetector, reports of outages began surging in the evening (IST), with users flagging issues ranging from total website inaccessibility to internal server errors when attempting to generate AI responses. New Delhi:Major artificial...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Our expectations of further price declines – although less pronounced than in 2026 – amid abundant capacity drive the outlook. This, alongside rising claims costs, will lead to margin and revenue erosion, although not enough to materially affect the sector’s...
by AIP Online Bureau | Sep 3, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management, Technology
Govind Mohan,Union Home Secretary The meeting concluded with directions for continued inter-agency coordination, regular sharing of risk information and strengthening of early warning and response mechanisms to minimise loss of life and property in vulnerable...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The resumption of hostilities brought an abrupt end to a month of subdued military activity, during which oil shipments through the Strait of Hormuz recovered to roughly half of pre-war levels. The improvement in flows risks being curtailed, affecting supplies of oil,...
