by AIP Online Bureau | Jun 16, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Technology
Amit Shah ,Union Home Minister “For the first time, we have also created a National Disaster Risk Management Fund at the national level with ₹68,000 crore,” revealed Amit Shah New Delhi: Union Home Minister Amit Shah said over the past two years, workshops...
by AIP Online Bureau | Jun 16, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
As surveyors and lawyers from London, appointed by reinsurers of Air India policy, are now camping in Ahmedabad to take stock of devastation and prepare various loss reports including Hull and passenger liability so that re/insurers will start paying...
by AIP Online Bureau | Jun 15, 2025 | Data, Eco/Invest/Demography, Policy
On the other hand, household financial liabilities surged to 6.2 per cent of GDP, nearly doubling over the past decade, reflecting growing reliance on credit amid consumption needs, the report observed. New Delhi: India’s household savings continued their...
by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News
Maharashtra Minister of Disaster Management Girish Mahajan, who was at the site monitoring rescue efforts, said the bridge collapsed under the weight of a large number of tourists PUNE: Four persons died and 18 were seriously injured after an old iron bridge on...
by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News, Non-Life, Reinsurance
The committee, headed by Union Home Secretary Govind Mohan, is mandated to ascertain the “root cause” of the plane crash and assess any contributing factors, including mechanical failure, human error, and regulatory compliances. The committee has been...
by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
“The war will further hurt global trade. The situation was gradually improving but now again the trade will be impacted. Our exports to Europe and countries like Russia may get hurt. Freight rates and insurance are expected to increase,” Federation of...
by AIP Online Bureau | Jun 15, 2025 | International News, Risk Management, Technology
Commercialising autonomous vehicles (AV) has been challenging with safety concerns, tight regulations and soaring investments, and many have been skeptical of Musk’s plans SAN FRANCISCO: Tesla tentatively plans to begin offering rides on its self-driving...
by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We have reports that more ship owners are now exercising extra caution and are opting to stay away from the Red Sea and the Persian Gulf,” said Jakob Larsen, chief safety & security officer with shipping association BIMCO. Merchant shipping is continuing to pass...
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...
