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Climate change making air travel more bumpier, study finds

by AIP Online Bureau | Jun 12, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Risk Management

”Turbulence makes flights bumpy and can occasionally be dangerous. Airlines will need to start thinking about how they will manage the increased turbulence, as it costs the industry USD 150–500 million annually in the US alone,” said Mark Prosser, a PhD researcher at...

UN says London market insurance coverage secured to salvage rusting oil tanker off Yemen

by AIP Online Bureau | Jun 12, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The insurance is supported by significant engineering expertise, which has been mobilised to undertake the movement of the oil, and includes naval architects, chemists, surveyors and oil spill response organisations, as well as government entities and the UN London:...
Next goal is to address mental, vision health: Apple

Next goal is to address mental, vision health: Apple

by AIP Online Bureau | Jun 12, 2023 | Facts, Health, Technology

“Our goal is to empower people to take charge of their own health journey. With these innovative new features, we’re expanding the comprehensive range of health and wellness tools that we offer our users across iPhone, iPad, and Apple Watch,” said...

Guy Carpenter appoints Laurent Rousseau as CEO of EMEA

by AIP Online Bureau | Jun 12, 2023 | Briefs, Non-Life, Reinsurance

Guy Carpenter announced the appointment of Laurent Rousseau, former CEO of SCOR, to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Based in London,he will report to Dean Klisura, Guy Carpenter...

Mutual funds invest more than Rs 2,400 crore in equities in May

by AIP Online Bureau | Jun 12, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

According to the data available from the Securities and Exchange Board of India (Sebi), mutual funds infused a net sum of Rs 2,446 crore in equities as compared to a net withdrawal of Rs 4,533 crore in April New Delhi: After withdrawing capital from equities in April,...
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