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U.N. to roll out global early-warning systems for extreme weather

U.N. to roll out global early-warning systems for extreme weather

by AIP Online Bureau | Mar 23, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Petteri Taalas, Secretary-General, World Meteorological Organization With the trend expected to worsen as global temperatures continue to climb, “there is a need to invest $1.5 billion” in the next five years to predict when extreme events might occur,...

ICICI Lombard and Airtel Payments Bank tie-up for Smartphone Insurance

by AIP Online Bureau | Mar 23, 2022 | Banking & Bancassurance, Indian News, Intermediaries, Non-Life

With a monthly premium starting at Rs 1299, customers can get an insurance sum that is equivalent to the purchase price of their smartphone. Customers can get this insurance on their own until ten days after purchasing a smartphone priced between Rs 10,000 to Rs...
Private vs. public: predicting and preparing for future pandemics

Private vs. public: predicting and preparing for future pandemics

by AIP Online Bureau | Mar 23, 2022 | Articles, Eco/Invest/Demography, Health, Pandemic, Policy, Workplace/Employee Benefits

COVID-19 turned into a US$22-trillion disaster killing more than six million people globally partly because the dots between warning and action were not connected. Some governments took quick and precautionary action, especially those that had invested in their public...

Pandemic keeps uber rich off charities, contribution drops from 18% to 11%: Report

by AIP Online Bureau | Mar 23, 2022 | Eco/Invest/Demography, Facts

CSR, family philanthropy and retail giving cumulatively contribute about 84 per cent of the total private philanthropic capital in the country, ”and they will act as three strong pillars as we move ahead”, says the report Mumbai: In spite of a massive jump...

Hackers hit authentication firm Okta, drawing concern across security industry

by AIP Online Bureau | Mar 23, 2022 | International News, Reinsurance, Risk Management, Technology

The screenshots were posted by a group of ransom-seeking hackers known as Lapsus$ on their Telegram channel late on Monday. In an accompanying message, the group said its focus was “ONLY on Okta customers.” ‘BE VERY VIGILANT’ Okta Inc, whose...
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