by AIP Online Bureau | Jun 15, 2025 | Indian News, Non-Life, Reinsurance
Rudraprayag District Disaster Management Officer Nandan Singh Rajwar told PTI that the accident took place above the forests of Gaurikund amid poor visibility due to bad weather. Helicopter crashes or emergency landings are occurring at an alarming frequency on the...
by AIP Online Bureau | Jun 14, 2025 | Indian News, Policy, Regulation, Risk Management
It will also review the current safety rules and suggest new ways to prevent such accidents in the future. New Delhi: The Indian government has set up a high-level committee to investigate the tragic crash of Air India Flight AI-171. The group has been asked to submit...
by AIP Online Bureau | Jun 14, 2025 | Indian News, Life, Non-Life, Regulation
“Ensure that no claim is denied or delayed on account of procedural formalities in the case of confirmed deceased individuals from the passenger list and persons at the affected buildings of the crash area,” said the IRDAI Insurers have to submit a report...
by AIP Online Bureau | Jun 14, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
“Safety is in everything that we do, so the tragedy in India, we don’t see that in any way, shape or form as a competitive input,” Christian Scherer, who oversees Airbus’s commercial aircraft operation, said at a press meeting in Paris. “It is, if anything, a reminder...
by AIP Online Bureau | Jun 13, 2025 | Indian News, Regulation, Risk Management, Technology
The Aircraft Accident Investigation Bureau (AAIB) has confirmed the recovery of the Digital Flight Data Recorder (DFDR), commonly referred to as the black box, from the rooftop of a building at the site of the Air India Flight AI-171 crash in Ahmedabad New Delhi:...
by AIP Online Bureau | Jun 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Comprehensive review of various segments and progress in government schemes including the Kisan Credit Card, PM Mudra and three social security (Jan Suraksha) schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY)...
by AIP Online Bureau | Jun 13, 2025 | Briefs, Life
Life Insurance Corporation of India (LIC) on Friday said it has relaxed its claim settlement process for Air India plane crash victims in Ahmedabad and also expedite the process. “LIC has announced many concessions to mitigate the hardships of the claimants of...
by AIP Online Bureau | Jun 13, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
A few years back, the US watchdog Federal Aviation Administration (FAA) had stopped deliveries of the Dreamliners due to certain issues but the plane was never involved in any fatal crash till Thursday New Delhi: The Boeing 787-8 Dreamliner, known for its advanced...
by AIP Online Bureau | Jun 13, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
London market sources said there can be a claim of Rs 700 crore( $81 million)for Hull Loss (Aircraft Damage) as the Boeing 787-8 aircraft has been declared a total loss. There will be a Passenger Liability claims of around Rs 320 crore as under the Montreal...
by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Jérôme Haegeli, Swiss Re’s Group Chief Economist “Extreme heat used to be considered the ‘invisible peril’ because the impacts are not as obvious as of other natural perils,” says Jérôme Haegeli, Swiss Re’s Group Chief Economist....
