by AIP Online Bureau | May 19, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Study authors said the average El Nino costs the global economy about $3.4 trillion. The strong 1997-1998 one cost USD 5.7 trillion. The World Bank estimated the 1997-1998 El Nino cost governments USD 45 billion, which is more than 100 times smaller than the Dartmouth...
by AIP Online Bureau | May 19, 2023 | Disaster & Management, Eco/Invest/Demography, International News
Cyclone Mocha roared in from the Bay of Bengal on Sunday with high winds and rain slamming a corner of neighbouring Bangladesh and a wider swath of western Myanmar’s Rakhine state It made landfall near Rakhine’s Sittwe township with winds of up to 209...
by AIP Online Bureau | May 19, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | May 19, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
P K Mishra, Principal Secretary, PMO India has significantly increased funding earmarked for disaster risk reduction and has brought about landmark changes in its financing architecture to support the entire spectrum of disaster risk management needs – disaster risk...
by AIP Online Bureau | May 18, 2023 | International News, Non-Life, Risk Management
Hundreds of “ghost” tankers, which are not fully regulated, have joined this opaque parallel trade over the past few years, carrying oil from countries hit by Western sanctions and restrictions, including Russia and Iran The number of incidents last year, including...