by AIP Online Bureau | Sep 6, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Road Transport and Highways, Nitin Gadkari said “A notification will be issued in the next three days that if one doesn’t wear a seat belt while sitting on the rear seat of a car, he or she will be penalised The highest number of people dying in road accidents in...
by AIP Online Bureau | Sep 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Total global dedicated reinsurance capital of $647 billion at the half year reflects a decrease of $82 billion versus the end of 2021. The most important driver is $78 billion of realised and unrealised investment losses due to the sell-off in fixed income and equity...
by AIP Online Bureau | Sep 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, International News
Capacity comes from the Lloyd’s market, with Nephila’s Syndicate 2357 as the lead market Charlie Langdale, Head of Climate Risk and Resilience at Howden, says: “For the voluntary carbon market to grow to $50bn by 2030, buyers need to be able to trust that the carbon...
by AIP Online Bureau | Sep 5, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
Poverty and unemployment will go up manifold from 21.9 per cent to over 36 per cent. Some 37 per cent population was hit by poverty after floods in 118 districts, as estimated by the Pakistan government Islamabad: The estimated economic loss to Pakistan from floods...
by AIP Online Bureau | Sep 5, 2022 | Indian News, Non-Life
Families of both Cyrus Mistry and Jahangir Pandole who were in the back seats of ill fated Mercedes SUV and died in the accident will be the claimants of third party(TP) motor claims as Indian insurance laws define all passengers in a private vehicle are covered under...