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COP 27-World Bank will host facility for climate disaster risk – Malpass

by AIP Online Bureau | Nov 8, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance

World president David Malpass said announced the new instrument, called the Global Shield Financing Facility, at a meeting with German Chancellor Olaf Scholz, who has spearheaded the effort among G7 members to create a program to give vulnerable countries access to...

Allianz to pause paid Twitter ads for now – spokesperson

by AIP Online Bureau | Nov 8, 2022 | Non-Life, Reinsurance, Technology

German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson said on Monday, the latest in a wave of similar moves by companies in the wake of Elon Musk’s takeover of the social media...

Tesla changes insurance incentive scheme in China to urge purchases

by AIP Online Bureau | Nov 8, 2022 | International News, Non-Life

Tesla delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in September, according to the China Passenger Car Association last week Tesla Inc. said it has raised insurance incentives for car orders in China placed before Nov. 30,...

Over 27 million children at risk from devastating record-setting floods

by AIP Online Bureau | Nov 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Health, Non-Life

UNICEF says that this year, floods have contributed to the increased spread of major killers of children, such as malnutrition, malaria, cholera and diarrhoea, and that the aftermath of floods is often more deadly for children than the extreme weather events that...

Govt and households spend more on hospitalisation in pvt hospitals than in public hospitals: IIT Jodhpur

by AIP Online Bureau | Nov 8, 2022 | Data, Eco/Invest/Demography, Health, Non-Life

The average total spending per day of hospitalisation in India was found to be Rs 2,833 for public hospitals and Rs 6,788 for private hospitals, added IIT Jodhpur statement. Jodhpur: The Indian Institute of Technology (IIT) Jodhpur research gave a comparative study on...
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