by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organisation’s Executive Chairman Arun Sharma said. LONDON:India’s ship safety certifier is taking a tougher stance...
by AIP Online Bureau | Jun 9, 2026 | Indian News
For many families and eyewitnesses, the tragedy did not end with the crash. Ahmedabad: Almost a year after the AI 171 plane crash in Ahmedabad claimed 260 lives, grief has not faded for the victims’ families as some still fear boarding a flight, while others are...
by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
“India remains a dynamic and rapidly expanding construction market within the Asia Pacific region. Large-scale developments face a range of natural hazards, including floods and earthquakes, with increasing focus on robust risk management from the outset. To navigate...
by AIP Online Bureau | Jun 9, 2026 | Indian News
After examining the gift deed, documentary evidence and submissions from both sides, the tribunal observed that the obligation to maintain and care for senior citizens is not merely a moral responsibility, but a legally enforceable condition when property is...
by AIP Online Bureau | Jun 9, 2026 | Indian News, Non-Life, Reinsurance
“This also furthers our diversification, and our strategy of having a physical presence in our key regions around the world. We look forward to building a strong local team and supporting both facultative and specialty treaty reinsurance clients in this...
by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
“PsiClone is designed to help close that gap by connecting live forecast data directly to exposure monitoring and operational decision-making. The goal is to help insurers and stakeholders respond earlier and reduce the time to payout when it matters most,”Tom...
by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Indian News, Policy
While robust corporate and banking sectors provide a vital cushion against immediate shocks, maintaining India’s upward trajectory will require deft management of energy security, fiscal resilience, regulatory interventions and trade diversification, suggested...
by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, International News
Tehran has continued to block most shipping through the Strait of Hormuz, which before the war carried a fifth of the world’s crude oil and liquefied natural gas. Washington has imposed its own blockade of Iranian ports. DUBAI/JERUSALEM: Iran and Israel said on...
by AIP Online Bureau | Jun 9, 2026 | International News, Regulation
Next week Thailand’s Office of the Consumer Protection Board will send the first case, which is seeking 1.2 million baht ($36,750) in damages Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair...
by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The move comes as the Iran war drags into a fourth month and hostilities flare across the region, threatening to derail a fragile truce and complicate negotiations toward a peace deal. The conflict has led to the near-closure of Hormuz, forcing key Middle Eastern...
