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SC remark on cutting trees ‘wake-up call’ for govt say environmentalists

by AIP Online Bureau | Mar 26, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

“The continuous push for large-scale infrastructure projects such as hydropower, dams, roads, tunnels and railways has led to the loss of thousands of hectares of pristine forests. This has increased disaster risks, vulnerability and fatalities in the...

Insurers increasingly tap AI to tackle surging Cat losses

by AIP Online Bureau | Mar 26, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance, Technology

Risk experts are increasingly using AI to crack an especially intractable challenge: modeling hailstorms, thunderstorms and tornadoes, collectively known as severe convective storms, or SCS. Insured losses from SCS events totaled $61 billion in 2024, the...

Ravaging South Korea wildfires kill 24 people

by AIP Online Bureau | Mar 26, 2025 | Climate, Environment, Renewable Energy, International News

“We need to mobilize all available resources in extinguishing the fires for the remainder of the week as it is feared we will experience an unprecedented level of wildfire damage,” Acting President Han Duck-soo said in a national address. “They are breaking records as...
Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance

Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance

by AIP Online Bureau | Mar 26, 2025 | Indian News, Non-Life, Regulation, Risk Management, Technology

“In addition…, all regulated entities are required to establish a well-defined procedure/practice to ensure that the forensic auditor/s are empanelled in advance and can be onboarded to conduct forensics and root cause analysis of cyber incident/s without any...
Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah

Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Amit Shah, Union Minister of Home Affairs and Co-operation To further strengthen the cooperative sector in India, Shah said, a cooperative insurance company will be set up soon that will provide insurance coverage to all cooperative societies in the country. He exuded...
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