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No compromise on safety, Minister on helicopter accidents on Char Dham Yatra route

No compromise on safety, Minister on helicopter accidents on Char Dham Yatra route

by AIP Online Bureau | Jun 25, 2025 | Indian News, Policy, Risk Management

“Since it is a hilly area, the air traffic management is challenging as there is no signal there. That is why we are looking for innovative solutions so that we can have better air traffic control,” he told reporters on the sidelines of the Helicopters...
EV-carrying ship that caught fire in Pacific ocean has sunk

EV-carrying ship that caught fire in Pacific ocean has sunk

by AIP Online Bureau | Jun 24, 2025 | International News, Non-Life, Reinsurance, Risk Management

Demand for lithium-ion batteries, including in EVs, is bringing a new risk to the global shipping industry, particularly given the value of the vehicles on board the largest car-carrying vessels, according to a report last month by insurance giant Allianz. .A ship...
Secondary perils emerging as a big opportunity, Need data and good models to deal with them, says Swiss Re

Secondary perils emerging as a big opportunity, Need data and good models to deal with them, says Swiss Re

by AIP Online Bureau | Jun 24, 2025 | Intermediaries, Non-Life, Reinsurance, Risk Management

Beat Strebel,CEO, China, Swiss Re These lesser understood risks are increasingly becoming a source of insurance payouts as extreme weather events lead to billions in economic losses. Traditionally, reinsurers — which provide coverage to insurance companies — haven’t...

India enters top 100 in global SDG rankings for first time

by AIP Online Bureau | Jun 24, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The report’s authors flagged that SDG progress has stalled at the global level, with only 17 per cent of the 17 targets projected to be achieved by 2030. New Delhi: India has for the first time secured a place among the top 100 out of 167 countries ranked for...
HC takes suo motu cognisance of sale of drugs cigarettes outside schools colleges

HC takes suo motu cognisance of sale of drugs cigarettes outside schools colleges

by AIP Online Bureau | Jun 24, 2025 | Health, Indian News

The bench of Justices Ravindra Ghuge and Y G Khobragade on June 20 said it came across “disturbing” news articles on people running businesses selling banned items such as drugs, cigarettes and e-cigarettes outside schools and colleges. Mumbai,The Bombay...
Authorities identify all but one of 260 victims of Air India plane crash

Authorities identify all but one of 260 victims of Air India plane crash

by AIP Online Bureau | Jun 24, 2025 | Indian News, Non-Life, Reinsurance

“We have identified 259 victims. They include 240 passengers and 19 non-passengers. DNA test result of one passenger is still awaited,” said Rakesh Joshi, superintendent of Ahmedabad civil hospital AHMEDABAD: Authorities in Gujarat state said on Tuesday...
DGCA finds various defects in aviation ecosystem during surveillance at major airports

DGCA finds various defects in aviation ecosystem during surveillance at major airports

by AIP Online Bureau | Jun 24, 2025 | Indian News, Regulation, Risk Management

Among other defects, the regulator found that a simulator was not matching with the aircraft configuration and also the software was not updated to the current version. New Delhi: Aviation watchdog DGCA on Tuesday said surveillance conducted at major airports revealed...
Iran-Israel conflict: Re/insurers face complex set of financial, operational, and strategic risks

Iran-Israel conflict: Re/insurers face complex set of financial, operational, and strategic risks

by AIP Online Bureau | Jun 24, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The Iran-Israel conflict is, in many ways, a stark reminder of the insurance industry’s evolving role as an absorber of geopolitical and systemic risk in an increasingly interconnected world, says Morningstar DBRS, a global credit rating agency The hostilities...

Need for robust data quality to fortify digital governance, cultivate public trust: Niti Aayog report

by AIP Online Bureau | Jun 24, 2025 | Eco/Invest/Demography, Indian News, Policy, Technology

While India’s digital foundation are in place, the challenge now is ensuring that what flows though them is accurate, complete, and trusted New Delhi: Niti Aayog on Tuesday emphasised the urgent need for robust data quality to fortify digital governance,...

Novo Nordisk launches anti-obesity drug Wegovy in India

by AIP Online Bureau | Jun 24, 2025 | Health, Indian News

“We have an India-specific price with the benefit of the same price for the first three dosing strengths. With this we are reaffirming our commitment to address India’s growing burden of overweight and obesity,” Novo Nordisk India Managing Director...
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