IndiGo airlines is bracing for a potential surge in aviation insurance costs upon policy renewal, influenced by escalating geopolitical risks and diminished reinsurance capacity following the recent Air India plane crash. The crash could lead to substantial hull and liability claims, impacting global reinsurance markets.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and