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IMD keeps forecast for normal monsoon despite El Nino

by AIP Online Bureau | May 28, 2023 | Eco/Invest/Demography, Indian News

Any deficiency in showers during the rainy season due to a developing El Niño weather pattern is likely to be offset by a positive Indian Ocean Dipole, Pai said. Showers will improve in July, and compensate any deficit in June, he said. The IMD predicts that monsoon...

Typhoon Mawar is most powerful storm of 2023, so far

by AIP Online Bureau | May 28, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Mawar is now one of the three strongest storms ever to hit the North Pacific in May and is the undisputed most powerful — in terms of windspeed — of 2023 so far, according to Jeff Masters, a meteorologist for Yale Climate Connections. But there is still a lot of year...

Dutch watchdog looking into alleged Tesla data breach

by AIP Online Bureau | May 28, 2023 | International News, Risk Management

The data protection office in Brandenburg, which is home to Tesla’s European gigafactory, described the data leak as “massive.” The data protection watchdog for the Netherlands said on Friday it was aware of possible Tesla data protection breaches, but it was too...

by AIP Online Bureau | May 28, 2023 | Workplace/Employee Benefits

Lloyd’s Register drops ships of top Indian carrier of Russian oil

by AIP Online Bureau | May 28, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

A major U.S. insurer, the American Club, also told Reuters it was no longer providing cover for Gatik ships, while Russian insurer Ingosstrakh said it would not work with Gatik in future Lloyd’s Register has told India’s Gatik Ship Management, which has become a major...
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