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Crop Loss:Chouhan asks officials to expedite insurance claims to farmers

Crop Loss:Chouhan asks officials to expedite insurance claims to farmers

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare, and Rural Development Chouhan stated that the government’s focus is not limited to production alone, but also extends to the scientific assessment of crop damage, proper settlement of...
US allies see no way of opening Hormuz Strait during war

US allies see no way of opening Hormuz Strait during war

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

European capitals are preparing to combine military and insurance options for a post-conflict transition period.The UK has been in talks with Lloyds of London — the world’s largest insurance market — about insurance products and prices for when that happens, according...

US sending Marines and amphibious assault ship to Middle East, officials say

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Even if the conflict does stop soon, there will be no rapid recovery from the upheaval caused by airstrikes and Iran’s virtual closure of the Strait of Hormuz, the conduit for 20% of the world’s oil and liquefied natural gas The U.S. military is deploying a large...
Indian gas tankers getting ready to sail through Hormuz, data shows

Indian gas tankers getting ready to sail through Hormuz, data shows

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

India’s foreign ministry spokesperson, Randhir Jaiswal, said separately on Friday that the country was “in favor of safe and unhindered movement” of India’s fleet of 22 vessels which were inside the Gulf, adding that Prime Minister Narendra Modi was talking to other...

Credit Guarantee Scheme for MFIs approved

by AIP Online Bureau | Mar 20, 2026 | Workplace/Employee Benefits

The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders to non-banking finance company-MFIs and MFIs till end-June, the government-run National...
Airspace curbs, higher operational costs pose challenges for airlines amid West Asia conflict

Airspace curbs, higher operational costs pose challenges for airlines amid West Asia conflict

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

Officials also said insurance premiums in the wake of the war have surged since February 28, ranging from Rs 30 lakh to up to Rs 1 crore, depending on narrow-body and wide-body aircraft.One of the officials said there is now a kind of war premium, which is about Rs...
Tariff refund lawsuits surge amid uncertainty about US plans

Tariff refund lawsuits surge amid uncertainty about US plans

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Policy

Nearly 1,000 new cases were filed in a US trade court since March 1, according to a Bloomberg News review of publicly available records. That’s roughly a third of the more than 3,000 tariff lawsuits brought over the past year. The number of companies suing for tariff...
West Asia crisis impact limited so far, but risks rise if Strait disruption prolongs: Jefferies

West Asia crisis impact limited so far, but risks rise if Strait disruption prolongs: Jefferies

by AIP Online Bureau | Mar 20, 2026 | Data, Eco/Invest/Demography, Risk Management

The report further emphasizes the fundamental linkage between energy and growth, noting that “economic growth is energy consumed,” implying that any sustained disruption could directly hit growth trajectories of countries like India. New Delhi:The ongoing...
Global trade growth likely to slow down to 1.9 pc this year amid West Asia crisis WTO

Global trade growth likely to slow down to 1.9 pc this year amid West Asia crisis WTO

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News

“Sustained increases in energy prices could increase risks for global trade, with potential spillovers for food security and cost pressures on consumers and businesses,” WTO Director-General Ngozi Okonjo-Iweala said New Delhi:The global trade growth is...
Wildfires, storms, floods contribute to record 92% of global insured losses in 2025:Swiss Re

Wildfires, storms, floods contribute to record 92% of global insured losses in 2025:Swiss Re

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“According to our modelled peak-loss scenario, insured losses could even climb to about USD 320 billion in 2026. As exposure keeps building, the upward trend in insured losses is structural and it is critical to identify the risk drivers behind this to manage...
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