by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News
The hurricane is expected to result in property damages costing between $5 billion and $10 billion in Jamaica, according to an estimate by Cotality, a property intelligence company. Hurricane Melissa made landfall in Cuba less than a day after it became the strongest...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Depending on exactly where Melissa hits Jamaica, total losses may range from $5 billion to $16 billion, according to Chuck Watson, a disaster modeler with Enki Research. Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, International News, Non-Life, Pension & Social Security
N Chandrababu Naidu,Chief Minister , Andhra Pradesh Citing preliminary estimates, the government had noted on Tuesday that standing agricultural crops in as many as 38,000 hectares were destroyed due to the impact of Montha and horticulture crops in 1.38 lakh hectares...
by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, Indian News, Policy
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri “Oil marketing companies use vessels for crude imports. To reduce recurring cost through ownership of vessels (ships), we are aggregating PSU cargo demand to ensure long-term charters for Indian...
by AIP Online Bureau | Oct 29, 2025 | Indian News, Non-Life, Risk Management, Technology
Speaking at a conference in the national capital, Wilson also said the interim probe report into the crash indicated that there was nothing wrong with the aircraft, the engines and the operation of the airline. New Delhi: Air India CEO Campbell Wilson on Wednesday...