War forces rethink on travel insurance cover and limits

MUMBAI: The conflict in West Asia is prompting both underwriters and policyholders to reassess the efficacy of travel insurance in addressing geopolitical risks, one of the more persistent uncertainties in recent years.Early signals are visible in claims behaviour. “We have received travel inconvenience claims i.e. flight cancellation, trip cancellation/ interruption, accommodation extension etc. We have…

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Qatar expels Iranian military, security attachés and staff after strikes on key energy facilities

QatarEnergy says Iranian missiles hit Ras Laffan Industrial City, causing “extensive damage” Qatar on Wednesday expelled key Iranian military and security officials along with their staff from its territory, escalating tensions after missile strikes hit key energy infrastructure in the Gulf. The Qatari Foreign Ministry said on Thursday it had declared the military and security…

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AFT puts Col Purohit’s retirement on hold till his promotion plea is heard | India News

Colonel (time scale) Purohit Prasad Shrikant NEW DELHI: In a reprieve for Colonel (time scale) Purohit Prasad Shrikant, the Armed Forces Tribunal (AFT) has directed that his retirement be kept in abeyance until a decision is taken on his statutory complaint seeking consideration for promotion and other service benefits following his acquittal in the 2008…

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US eases Venezuela oil sanctions amid Iran war; Trump administration moves to boost global supply

The United States has eased sanctions on Venezuela’s state-owned oil sector, allowing American companies to resume limited business with Petróleos de Venezuela S.A. (PDVSA), as the Donald Trump administration seeks to expand global oil supplies during the ongoing Iran conflict, AP reported.The US Treasury Department on Wednesday issued a broad licence permitting PDVSA to sell…

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