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Russia-Ukraine War: Indian general insurers form Rs 500 crore `Pool’ to cover Fertiliser shipment, may include Oil later

Russia-Ukraine War: Indian general insurers form Rs 500 crore `Pool’ to cover Fertiliser shipment, may include Oil later

by AIP Online Bureau | Jun 18, 2022 | Indian News, Non-Life, Reinsurance

The `Pool’, which only covers the Cargo and not the Hull, was initiated at the instance of ministry of finance, is already in place this week after receiving due approvals from the insurance regulator IRDAI Effectively, any claim within Rs 500 crore per shipment of...
Warren Buffett charity lunch fetches winning bid of $19 mln

Warren Buffett charity lunch fetches winning bid of $19 mln

by AIP Online Bureau | Jun 18, 2022 | Facts, Wealth Management/ Philanthropy

The winning bid in the eBay auction that ended on Friday night far surpassed the previous record of $4.57 million, paid in 2019 by cryptocurrency entrepreneur Justin Sun, although the new winner’s identity could not immediately be determined Alucky, and likely...
Odisha CM directs state admin to be prepared for natural disasters

Odisha CM directs state admin to be prepared for natural disasters

by AIP Online Bureau | Jun 18, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

Naveen Patnaik chief minister,,Odisha Citing the huge number of natural calamities between June and October, the chief minister said that the period is important and there is a need to strengthen preparations as many natural calamities such as floods, storms and...
‘Surprise’ early heatwave in Europe, harbinger of things to come

‘Surprise’ early heatwave in Europe, harbinger of things to come

by AIP Online Bureau | Jun 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Drought warnings are an added concern in much of western Europe, as no significant rainfall is forecast in Europe in the coming days, apart from isolated thunderstorms UN: Sweltering conditions in Europe have come earlier than expected this year but the bad news is,...
Japan: Achieving one of the world’s lowest Covid-19 death rates

Japan: Achieving one of the world’s lowest Covid-19 death rates

by AIP Online Bureau | Jun 18, 2022 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic

A core pillar supporting the low death rate was the underlying good health of Japan’s population. The country has the longest life expectancy in the world, and was one of only six OECD members not to see a reduction in 2020. Just 5% of Japanese people are obese, one...
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