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US FAA says Boeing 737 MAX production audit found compliance issues

US FAA says Boeing 737 MAX production audit found compliance issues

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, International News, Risk Management

The audit was prompted by a Jan. 5 mid-air emergency involving a new Alaska Airlines 737 MAX 9 that lost a door plug at 16,000 feet (4,877 meters). The FAA previously barred Boeing from expanding 737 production The Federal Aviation Administration on Monday said the...

India’s wheat, rapeseed ravaged by rain just before harvesting

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“The entire wheat crop has been flattened due to heavy rainfall and hailstorm. It was nearly mature, and we could have harvested it in two to three weeks,” said Mukesh Kumar, a farmer from Uttar Pradesh, the country’s largest producer of the grain...
War risk insurance premium through Red Sea remained stable despite the sinking of the cargo ship

War risk insurance premium through Red Sea remained stable despite the sinking of the cargo ship

by AIP Online Bureau | Mar 4, 2024 | International News, Non-Life, Reinsurance, Risk Management

Insurance industry sources said that war risk premiums being quoted for Red Sea voyages had remained around 1% of the value of a ship for some weeks – compared with around 0.5% before the attacks started – with various discounts applied by underwriters The cost of war...
Govt launches Chakshu to report fraud calls, phone number leaks by firms

Govt launches Chakshu to report fraud calls, phone number leaks by firms

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
IAEA launches body composition database to combat worldwide obesity challenges

IAEA launches body composition database to combat worldwide obesity challenges

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Health, International News

According to the World Health Organization (WHO), worldwide obesity has nearly tripled since 1975. Around 800 million adults worldwide are living with obesity and the number of children living with obesity is expected to reach 250 million by 2030 Obesity is now rising...
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