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Turkey Devastation: Insured losses at $2.4 billion, says Karen Clark & Co

Turkey Devastation: Insured losses at $2.4 billion, says Karen Clark & Co

by AIP Online Bureau | Feb 16, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The number of people killed by the deadliest earthquake in Turkey’s modern history has risen to 36,187, authorities said Total property losses from the magnitude 7.8 and 7.5 earthquakes are expected to be close to $20 billion, Karen Clark & Co said Catastrophe...
MR Kumar may get another 3-month extension as LIC chairman till June end

MR Kumar may get another 3-month extension as LIC chairman till June end

by AIP Online Bureau | Feb 16, 2023 | Indian News, Life

M.R Kumar, chairman, Life Insurance Corporation The government is actively thinking about giving the last extension to Kumar as it is yet to finalise about his successor Though, there were some talks earlier that the government may go for a  private sector...
Countries join forces to fight back against harmful beauty practices

Countries join forces to fight back against harmful beauty practices

by AIP Online Bureau | Feb 16, 2023 | Health, International News, Risk Management

“Mercury is a hidden and toxic ingredient in the skin lightening creams that many people are using daily, often without an understanding of just how dangerous this is”, GEF CEO and Chairperson Carlos Manuel Rodriguez said Geneva: The governments of Gabon, Jamaica and...
Rising toll makes quake deadliest in Turkiye’s modern history

Rising toll makes quake deadliest in Turkiye’s modern history

by AIP Online Bureau | Feb 15, 2023 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

Confirmed deaths in Turkiye passed those recorded from the massive Erzincan earthquake in 1939 that killed around 33,000 people. Speaking in Ankara following a five-hour Cabinet meeting held at the headquarters of disaster agency AFAD, Erdogan said 47,000 buildings,...

60 pc consumers in APAC, including India, will prefer hybrid EVs in future: Study

by AIP Online Bureau | Feb 15, 2023 | Eco/Invest/Demography, Facts, Non-Life, Technology

Within APAC, 85 per cent of consumers were aligned with these key priorities, consisting of 92 per cent of Millennials, 83 per cent of Gen Xers and 72 per cent of Baby Boomers prioritise sustainability the highest. Consumers are driving the growing emphasis on...
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