The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
Hannover Re expects price hikes and programme restructuring next year in aviation & marine branches
For the various rounds of treaty renewals in 2023, Hannover Re anticipates rising prices as well as some restructuring of...
For the various rounds of treaty renewals in 2023, Hannover Re anticipates rising prices as well as some restructuring of...
Article / 2 years ago
India: Space sector startups eye easier access to financing, insurance
India's space sector startups are looking forward to a new space policy for easier access to finance and clarity on issues related to liability in case of untoward incidents...
India's space sector startups are looking forward to a new space policy for easier access to finance and clarity on issues related to liability in case of untoward incidents...
Article / 2 years ago
India: Flag carrier acquires new aviation policy that excludes flying over Russia and Ukraine
India's flag carrier, Air India, under its new Tata management, has taken a INR608bn ($8bn) cover, costing it a premium of INR2.66bn to a syndicate of insurance companies, including Tata AIG General Insurance...
India's flag carrier, Air India, under its new Tata management, has taken a INR608bn ($8bn) cover, costing it a premium of INR2.66bn to a syndicate of insurance companies, including Tata AIG General Insurance...
Article / 2 years ago
India: Air India suspends flight to Moscow over insurance concerns
Tata Group-owned Air India has suspended its flights from Delhi to Moscow after international insurance underwriters...
Tata Group-owned Air India has suspended its flights from Delhi to Moscow after international insurance underwriters...
Article / 2 years ago
India: Insurers start new fiscal year with premium hikes
Insurers in India have started the new financial year that started on 1 April with sharp hikes in insurance premiums across....
Insurers in India have started the new financial year that started on 1 April with sharp hikes in insurance premiums across....
Article / 2 years ago
China: Over US$20m paid to date for 21 Jan plane crash
Various insurance companies in China have paid at least CNY130m ($20.5m) as of 29 March to China Eastern Airlines...
Various insurance companies in China have paid at least CNY130m ($20.5m) as of 29 March to China Eastern Airlines...
Article / 2 years ago
India: Panel suggests building International Financial Services Centres into aviation, marine and trade credit hubs
A committee has submitted its report to the International Financial Services Centres Authority (IFSCA) proposing several key areas and recommendations to develop...
A committee has submitted its report to the International Financial Services Centres Authority (IFSCA) proposing several key areas and recommendations to develop...
Article / 2 years ago
China: PICC signs cooperation agreement with space agency
China's biggest general insurer, People's Insurance Company of China ( PICC P&C) has recently signed a cooperation agreement with the National Space Administration's...
China's biggest general insurer, People's Insurance Company of China ( PICC P&C) has recently signed a cooperation agreement with the National Space Administration's...
Article / 3 years ago
Are aviation insurers ready for vaccine shipment risks?
As development of a COVID-19 vaccine continues, the aviation industry is already putting plans in place for its distribution...
As development of a COVID-19 vaccine continues, the aviation industry is already putting plans in place for its distribution...
Article / 3 years ago
India: Insurers make biggest aviation insurance payout
Insurers have paid compensation of INR6.6bn ($89m) for an Air India Express plane crash in August...
Insurers have paid compensation of INR6.6bn ($89m) for an Air India Express plane crash in August...
Article / 3 years ago