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World not spending enough to avert disasters as global calamities rise: UN

by AIP Online Bureau | May 28, 2022 | Disaster & Management, Eco/Invest/Demography, International News

Developing nations bear the brunt of losses from disasters at 1% of gross domestic product a year, threatening to undo their hard-earned economic gains. That figure comes down to just 0.1%-0.3% for developed countries UN News: Nations are spending too little to...

Supecyclones may have much more devastating impact in India in future: Study

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

The study, published in the journal Climate Resilience and Sustainability, showed that if greenhouse gas emissions continue at the current rate, more than two and a half times (250 percent) of India’s population would experience flooding of greater than one...
With 74.30% Combined Ratio, GIC Re logs a record underwriting profit of Rs 2,314 crore in Q4 FY 2021-22

With 74.30% Combined Ratio, GIC Re logs a record underwriting profit of Rs 2,314 crore in Q4 FY 2021-22

by AIP Online Bureau | May 27, 2022 | Indian News, Life, Non-Life, Reinsurance

Devesh Srivastava, CMD, GIC Re announcing company’s results at a press conference in Mumbai on Friday The reinsurer had a record net profit of Rs 1,795 crore during Q4 FY 2021-22 as compared to a loss of Rs 28.48 crore in the year ago period Indicating GIC...

SpiceJet, IndiGo faulted for poor service and behavior by air passengers

by AIP Online Bureau | May 27, 2022 | Indian News, Non-Life

As demand rushes back, meeting passenger expectations in a world where people are being told to live with the virus has become harder. Some are finicky about sanitization standards or not eating onboard while others rail against wearing a mask all the time India’s...
Govt to promote development of climate resilient structures under MNREGA: officials

Govt to promote development of climate resilient structures under MNREGA: officials

by AIP Online Bureau | May 27, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The move is aimed at strengthening the planning of climate resilient works and help India become a net-zero carbon emission country in the coming years.It will also help the community to make smart decisions to mitigate the effect of change in the environment, the...
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