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EU’s climate stress now to include insurers

by AIP Online Bureau | Mar 15, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation, Risk Management

The inclusion of insurers marks an expansion of the region’s preparations for the transition of the financial sector. Insured losses from climate change hit about $120 billion in 2022, according to data compiled by Munich Re, and the industry is generally seen as at...
Bitcoin jumps to highest since June as rally gathers pace

Bitcoin jumps to highest since June as rally gathers pace

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Regulation, Technology, Wealth Management/ Philanthropy

Major cryptocurrencies have been buoyed in recent days by U.S. authorities announcing plans to limit the fallout from the collapse of Silicon Valley Bank (SVB). U.S. authorities’ action helped stabilise the major USDC stablecoin, whose issuer Circle had deposits...
Cabinet Secretary tells states, UTs to be adequately prepared as hotter than normal summer is expected in 2023

Cabinet Secretary tells states, UTs to be adequately prepared as hotter than normal summer is expected in 2023

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Indian News, Policy

Cabinet secretary informed that DoA&FW has constituted an Expert Committee headed by Agriculture Commissioner to monitor and mitigate terminal heat stress in Wheat. Further, the Crop Weather Watch Group (CWWG), an inter-Ministerial Committee reviews the crop...
Bandhan Group mulls foray into insurance business

Bandhan Group mulls foray into insurance business

by AIP Online Bureau | Mar 15, 2023 | Banking & Bancassurance, Indian News, Non-Life, Regulation

The group is open to both the organic and inorganic routes and is in talks with many general insurance companies for a potential acquisition, the report said, without disclosing any names BENGALURU: Bandhan Group, which mainly has banking, mutual fund and microfinance...
No. of cancer cases in India projected to go up from 14.6 lakh in 2022 to 15.7L in 2025: Govt

No. of cancer cases in India projected to go up from 14.6 lakh in 2022 to 15.7L in 2025: Govt

by AIP Online Bureau | Mar 14, 2023 | Eco/Invest/Demography, Health, Indian News, Policy

Bharati Pravin Pawar,Minister of State for Health Elaborating on the steps taken by the government in this regard, Minister of State for Health Bharati Pravin Pawar said a population-based initiative for prevention, control and screening for common non-communicable...
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