by AIP Online Bureau | Aug 27, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
ShakeNet Parametric reduces basis risk for parametric re/insurance policies, better aligning payout with actual losses. The scalable nature of Safehub’s technology allows for rapid and dense deployment of sensors, enabling risk transfer solutions even in...
by AIP Online Bureau | Aug 27, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Kazakhstan’s government originally fined NCOC 2.3 trillion tenge – then worth $5.4 billion – in early 2023 for ecological violations related to an inspection of Kashagan’s gas processing facilities in 2022, when the authorities said they...
by AIP Online Bureau | Aug 26, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News, Non-Life
The hill state of Himachal Pradesh, already reeling under the devastation caused by multiple landslides and flash floods, saw shops being washed away, buildings collapsing, and highways cut off. A total of 680 roads were closed in the state, with Mandi and Kullu...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Non-Life, Policy
“In today’s meeting with GIPSA through virtual mode, the Associations were offered an improved loading factor of 14 per cent. While thanking the management for their efforts to come out with enhanced offer but reiterated our demand for parity with LIC in...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Regulation
IRDA’s order for suspending Sastry signed by Raja K Sinha , member, Distribution, IRDAI has said he has admitted the financial misconduct but didn’t mention the exact nature of the misconduct Hyderabad: In a first ever case, the IRDA has suspended one of junior...
