by AIP Online Bureau | May 23, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life
Non-life insurers and reinsurers are exposed to physical risk through property and catastrophe losses, which are becoming more frequent and severe due to climate change Life insurers are more exposed to the transition risk that affects the assets in their investment...
by AIP Online Bureau | May 23, 2022 | Briefs, Regulation, Reinsurance
The IRDAI has reconstituted its Reinsurance Advisory Committee (RAC) under the chairmanship of former managing director, Swiss Re, India Dhananjay Date. The other members are R. Chandrasekaran,former Head of Reinsurance, Cholamandalam MS General, G. Srinivasan,...
by AIP Online Bureau | May 23, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
”We expect this year that 263 million more people will crash into extreme poverty, at a rate of a million people every 33 hours,” Oxfam International said. Davos: As the rich and powerful from across the globe gather here for the World Economic Forum...
by AIP Online Bureau | May 23, 2022 | Indian News, Non-Life, Technology
Earlier this month, the Central Consumer Protection Authority (CCPA), which comes under the Union Ministry of Consumer Affairs, sent notices to Pure EV and Boom Motors after their e-scooters exploded in April New Delhi: Serious defects have been found in the...
by AIP Online Bureau | May 23, 2022 | Health, Indian News, Non-Life, Policy
As on date, there has been no report of any suspected or confirmed case of Monkeypox in the city, an official from the Brihanmumbai Municipal Corporation’s (BMC) public health department said.In an advisory issued about the viral zoonotic disease, the BMC said...