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AIRCRAFT INSURANCE COVERAGE
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Pilots' association urges DGCA to suspend flights in high-risk conflict zones in West Asia, mandate insurance coveragePilots are demanding immediate action on flights to West Asian conflict zones. The Airlines Pilots' Association of India wants the aviation...
- Pilots' body advisory: Ensure that airlines assess risk before planning flights in conflict-hit areasALPA India has put forth an important notice directed at pilots, emphasizing the necessity of conducting risk evaluations prior to approach...
- West Asia conflict: Insurers face airspace closure strainAviation insurers are experiencing operational strain due to ongoing conflict in West Asia. Widespread airspace closures and numerous fligh...
- Iran conflict: Airspace closures strain aviation insurersAviation insurers face operational strain as widespread airspace closures and flight cancellations across West Asia disrupt the region's ne...
- IndiGo's insurance premium likely to rise, in single digitsIndiGo Airlines may see a rise in aviation insurance costs. This follows a recent Air India accident and a tougher reinsurance market. Spic...
- Air India crash risks fueling up to 30% jump in insurance premiumsAirline insurance costs in India are likely to increase significantly. This follows a major aviation accident. Experts predict premiums cou...
- Air India crash may trigger over ₹1,000 crore in insurance claims, likely to be India’s biggestA recent Air India Boeing 787 Dreamliner crash near Ahmedabad, resulting in over 240 fatalities, is projected to trigger insurance claims e...
- Insurance payout for passengers of Air India's crashed plane to be governed by Montreal Convention: ExpertsFollowing the Air India plane crash in Ahemdabad, insurance payouts to dependents will be determined by the Montreal Convention. Compensati...
- Going for an international trip? 10 critical benefits your travel insurance plan must haveIf you are planning to go on an international holiday you should make sure that your travel insurance plan has some of the most critical be...
- Sky no longer the limitThe problem of unruly passengers has even become so great that Lloyds of London has created an insurance policy to provide coverage to airl...
- Hundreds of planes are stranded in Russia. They may never be recovered.As of Thursday, there were 523 aircraft leased to Russian carriers by companies outside the country, according to IBA, a consulting firm. O...
- Bajaj Allianz General 4th insurer to offer drone coverHDFC Ergo was the first insurer to launch a drone insurance cover in June 2020, followed by ICICI Lombard in August 2021, and Tata AIG last...
- IRDAI working group suggests broad framework for insuring dronesAmong other things, the group in its report has come out with Specimen Policy Wording (Drone Insurance) which includes various definitions ...
- 6 insurance covers you can get on your forex card while travelling abroadIf you miss or fail to take a connecting international flight of an international airline due to delay in the arrival of another internatio...
- 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.
- 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...
- Kingfisher Airlines renews air insurance policy at lower premiumKingfisher Airlines (KFA) has renewed its annual insurance policy without much hassle as premium rates fell by 37% for its insurance policy.
- Mangalore air crash: Insurers may have to shell out Rs 400 crIndustry experts say that AI will make insurance claims of at least Rs 300 cr as damages and another Rs 100 cr for passenger and cargo comp...
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