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WAR AND TERRORISM INSURANCE
Insurance cos expand war-risk cover in UAE as tensions riseWar-risk insurance is now available for everyday consumers in the UAE. Insurers are offering new policies for cars, cargo, and travel. This...- No parity between Agniveers, regular soldiers on pensionary benefits: Centre to HCThe Union government has told the Bombay High Court that Agniveers are different from regular soldiers. This means families of deceased Agn...
- West Asia war: Marine war-risk insurance tightens as reinsurers adopt no-market stanceWest Asia war: Reinsurers are pulling back marine war-risk cover amid heightened geopolitical risks after failed US-Iran talks, prompting I...
- Ministries meet to put a cover on ships in war zoneIndian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...
- Does your life insurance policy cover death due to war, terror attacks?Life insurance policy exclusions: Many individuals do not read the life insurance policy exclusions at the time of buying. Not reading and ...
- LIC eases claims process for Jammu & Kashmir terror attack victimsFollowing the tragic terror attack in Pahalgam, Jammu and Kashmir, where 26 people lost their lives, LIC has announced relief measures for ...
- TATA AIG General Insurance excludes Red Sea route, others raise premiumsWith ships passing through the region becoming the target of increasing attacks and the resultant declaration by the JWC of Lloyds and othe...
- War-risk premium not going up immediatelyAlthough war has not been declared, insurers will wait to see if the situation escalates or there is a lull.
- Caught in Indo-Pak crossfire, insurers consider raising hull, marine premiumThe rate of both marine and hull are reinsurance market-driven, while war risk is generally associated with cross-border operations, foreig...
- Learn with ETMarkets: All about political risk coverToday, companies are keen to know how to protect assets, get insurance in an event of political risk. This risk includes takeover, national...
- Premiums for political risk insurance up 100-600% in war-torn countries: JLTSuch policies offer cover against damage to property due to acts of political violence and terror. Companies are also insured for losses du...
- Does your policy cover you against terror attacks?In an increasingly hostile world, it makes sense to seek insurance cover that takes into account possibility of terror strikes and their fa...
- Paris attacks fallout: Insurers foresee pick up in travel insuranceYou need read the fine print carefully to understand the scope of coverage and the items that the company will not pay for.
- Airlines' insurance costs shoot up globally after a spate of accidentsWhile the cost of personal cover insurance is still under control, war and hull insurance costs have shot up.
- Malaysia Airlines MH17 crash may be 'act of war' for insurersThe fact that the flight was brought down by a missile may trigger the war exclusion clause, which will mean that insurers pay only the vic...
- Air India invites bid for insurance of 105-aircraft fleetAir India today invited bids from Indian companies for renewal of insurance for its entire 105- aircraft fleet worth a whopping nine billio...
- Make sure your policy covers terror risk tooTerror struck once again at the heart of the country last week, laying bare the vulnerable security infrastructure in the country.
- Three pvt life cos won't cover you for terror attackThree private life insurance cos have excluded death caused by terror attacks from their policy covers.
- Insurers divided over cover for terror attacksThe terrorist attacks in Mumbai have made many wonder if they are covered under their existing insurance policies for such eventualities.
- Terror risks may not push up aviation insurance costsWith the terror plot to blow up aircraft being halted at Heathrow airport last week, costs of insurance for may actually come down for airl...
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