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Heat, drought and wildfires during one of the warmest Julys on record– WMO

by AIP Online Bureau | Aug 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

“This is despite the La Niña event that’s meant to have a cooling influence,” explained WMO spokesperson Clare Nullis “We saw this in some places, but not globally,” she added, noting that it was “one of the three warmest [Julys] on record, slightly cooler than July...

Threats of drought, flooding and blistering heat keeping supplies of global crop tight and prices elevated

by AIP Online Bureau | Aug 10, 2022 | Eco/Invest/Demography, International News, Non-Life

Rice, another important Indian crop, was planted on a smaller area so far this season due to a lack of rainfall in some main growing areas, including West Bengal and Uttar Pradesh, which account for a quarter of the country’s output. This will potentially reduce...

HDFC Ergo Gen launches ‘Pay As You Drive” cover

by AIP Online Bureau | Aug 10, 2022 | Indian News, Non-Life, Technology

Anyone driving less than 10,000 km in a year can benefit up to 25% of their own damage premium, subject to the odometer reading, saod HDFC Ergo General Insurance. “During the policy period, we want our customers to enjoy their drive rather than tracking their...

River Godavari crosses first danger level in AP, 5 districts face flood threat

by AIP Online Bureau | Aug 10, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News

”We have issued the first warning signal at Dowaleswaram. We have accordingly alerted the officials of the districts along the river course to take required precautionary measures,” State Disaster Management Authority Managing Director B R Ambedkar said...

Munich Re’s profit slumps, investment portfolio takes a hit of almost $1 billion

by AIP Online Bureau | Aug 10, 2022 | International News, Non-Life, Reinsurance

The reinsurer already wrote down the value of Russian and Ukrainian bonds by almost 700 million euros in the first quarter, and also booked about 200 million euros in war-related reinsurance costs in the first half of the year The Munich-based company wrote down the...
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