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Global CAT insured losses at $39 billion in H1 2022:Aon

by AIP Online Bureau | Jul 27, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Steve Bowen, managing director and head of Catastrophe Insight for Aon’s Impact Forecasting team, said: “The continued effects of La Niña conditions, amplified by climate change’s influence on global weather patterns, not only increased volatility and intensified many...

FSIB to select CMDs of New India and AIC today

by AIP Online Bureau | Jul 26, 2022 | Indian News, Non-Life, Policy

The GMs, who will be appearing for the interview are- M Rajeswari Singh, Agriculture Insurance Company,BS Rahul,(AIC),N Ramaswamy, presently heading GIC Re’s London branch ,Neerja Kapur, NIA, Girija Subramanian, GIC Re, Rashmi Bajpai, Oriental Insurance Company(OIC),...

EV fire incidents: Consumer protection regulator issues notices to 4-5 cos

by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Indian News, Technology

Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare said the authority will commence the hearing on this matter soon.”We have issued notices to 4-5 companies. We asked them to provide reasons for series of fire incidents in EVs and why...
IMF cuts global growth outlook, warns high inflation threatens recession

IMF cuts global growth outlook, warns high inflation threatens recession

by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, International News

Pierre-Olivier Gourinchas,Chief Economist,IMF “The outlook has darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one,” IMF Chief Economist Pierre-Olivier Gourinchas told a...
Only 11% of 69 cr beneficiaries have taken Covid precaution doses; officials blame complacency

Only 11% of 69 cr beneficiaries have taken Covid precaution doses; officials blame complacency

by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Official sources also said that six states, including Kerala, Maharashtra, Tamil Nadu and West Bengal, are reporting more than 1,000 average daily cases. Also, 181 districts in India are reporting a weekly positivity of more than 10 per cent (in the week ending July...
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