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War insurance costs spike for ship owners as Black Sea threats grow, sources say

War insurance costs spike for ship owners as Black Sea threats grow, sources say

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

War insurance costs for some port calls have been quoted between 0.6% and 1% of the value of a ship in the past day by some underwriters, up from 0.4-0.6% last week. Rates of 1% would be the highest since late 2023, though still below peaks of 2% for the Red Sea at...
IndiGo cancels over 550 flights on Thursday

IndiGo cancels over 550 flights on Thursday

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life

There were at least 118 flight cancellations at the Mumbai airport, 100 at Bangalore, 75 at Hyderabad, 35 at Kolkata, 26 at Chennai, and 11 at Goa. Flight cancellations were reported at other airports also Mumbai/New Delhi: The country’s largest airline IndiGo...
Govt incorporating suggestions at final stages of Atomic Energy Bill : Jitender Singh

Govt incorporating suggestions at final stages of Atomic Energy Bill : Jitender Singh

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

Union Minister Singh also reiterated that as announced in the Budget 2025 announcement, the Government has announced that active private sector participation will be facilitated by undertaking amendments to Civil Liability for Nuclear Damage (CLND) Act 2010 and the...

Domestic investors pour $81.3 billion into Indian markets in 2025 to date

by AIP Online Bureau | Dec 4, 2025 | Data, Eco/Invest/Demography, Policy, Workplace/Employee Benefits

Domestic investors made robust inflows of $8.7 billion in November, marking their 28th consecutive month of buying, while foreign flows were largely flat for the month. Mumbai: Domestic institutional investors (DIIs) have pumped $81.3 billion into Indian equities in...
India’s EV market has potential to reach Rs 20 lakh crore by 2030: Nitin Gadkari

India’s EV market has potential to reach Rs 20 lakh crore by 2030: Nitin Gadkari

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Technology

“Presently, 57 lakh EVs are registered in India. EV sales rates were faster in 2024-25. EV car sales increased by 20.8 per cent, while petrol and diesel sales increased by 4.2 per cent. Two-wheeler EVs increased by 33 per cent, and petrol and diesel by 14 per...
AIC receives Geospatial Excellence Award

AIC receives Geospatial Excellence Award

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

`At AIC of India, our commitment has always been to safeguard the livelihoods of India’s farmers. Today, we are taking this commitment a step further with Tech-Driven Precision Insurance, integrating satellite intelligence, remote sensing, and digital field monitoring...
Berkley Insurance Asia launches operations in India’s GIFT City

Berkley Insurance Asia launches operations in India’s GIFT City

by AIP Online Bureau | Dec 4, 2025 | Indian News, Non-Life, Regulation, Reinsurance

“India has long been an important market for Berkley Insurance Asia and establishing operations here is a natural progression of our journey. We have been underwriting Indian risks from Singapore for many years. The time is now right to be closer to decision-makers,...
Ransomware grows beyond traditional hotspots,hit   emerging economies

Ransomware grows beyond traditional hotspots,hit emerging economies

by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

William Altman, Head of Cyber Threat Intelligence Services, said: “Cyber insurance is poised to remain one of the most dynamic and strategically vital segments within the property and casualty sector. As the sector matures, future expansion will hinge on serving...
LIC launches 2 new products for risk protection and savings

LIC launches 2 new products for risk protection and savings

by AIP Online Bureau | Dec 3, 2025 | Indian News, Life

R. Doraiswamy, CEO & MD along with other senior leadership team of LIC at the launch of LIC’s Protection Plus & LIC’s Bima Kavach In Bima Kavach, the life assured can select a policy term which can extend up to 100 years, ensuring long-term protection....
Common people suffer from exploitation of insurance firms, private hospitals: Raghav Chadha in Parliament

Common people suffer from exploitation of insurance firms, private hospitals: Raghav Chadha in Parliament

by AIP Online Bureau | Dec 3, 2025 | Health, Indian News, Non-Life, Policy

Sometimes cashless treatment is denied, sometimes claims are rejected, and sometimes a patient has to chase the insurance company for months for reimbursement. This is exploitation,”Aam Aadmi Party’s Rajya Sabha MP Raghav Chadha said in Parliament New...
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