INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS
The insightful articles, inspiring narrations and analytical perspectives presented by the Editorial Team, establish an alluring connect with the reader. My compliments and best wishes to SP Guide Publications.
"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"
Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.
- Indian Air Force Aims for Full Indigenous Inventory by 2047 — Air Chief Marshal A.P. Singh
- General Upendra Dwivedi takes over as the Chief of the Army Staff
- Rajnath Singh assumes charge as Defence Minister for the second consecutive term
- Admiral Dinesh K. Tripathi assumes Command of the Indian Navy as 26th Chief of the Naval Staff
- Prime Minister witnesses 'Bharat Shakti' – a Tri-Services Firing and Manoeuvre Exercise in Pokhran, Rajasthan
Affordable terrorism risk insurance
In the wake of the terrorist attacks of September 11, 2001, terrorism risk insurance in the United States became prohibitive. Subsequently, the US Congress passed the Terrorism Risk Insurance Act, which provides an assurance of government support after a catastrophic attack, thus making terrorism risk insurance affordable for businesses.
The programme is to lapse by the end of 2014 and the US Congress is considering the appropriate government role in terrorism insurance markets.
A RAND Corporation study has indicated that in a terrorist attack with losses up to $50 billion, the federal government would spend more helping to cover losses than if it had continued to support a national terrorism risk insurance programme.
A RAND release reports that in the wake of the terrorist attacks of September 11, 2001, terrorism risk insurance quickly became either unavailable or very expensive. The US Congress reacted by passing the Terrorism Risk Insurance Act, which provides an assurance of government support after a catastrophic attack. This has helped keep terrorism risk insurance affordable for businesses.
The programme will expire at the end of this year and the US Congress is considering the appropriate government role in terrorism.
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