by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
N Ramaswamy, CMD, GIC Re “Currently, due to the huge catastrophic risks involved, there is very limited reinsurance capacity available for hydro power plants. More often, catastrophic covers are sub-imited. With climate risks and rising frequency and...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
While crypto thefts are not new, the use of physical violence is a far more recent trend, said John Griffin, a finance professor at the University of Texas in Austin who tracks financial crimes. A man says he was tortured for weeks in a New York townhouse. Another in...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, Intermediaries, International News, Policy, Risk Management
“Our survey showed supply chain disruptions were a concern to business owners, with 90% reporting they are concerned about the impact of tariffs on their businesses,” Chairman and CEO J. Patrick Gallagher told Reuters A majority of U.S. business owners are worried...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
Smoke was initially seen rising from a deck loaded with EVs, the company said. It is not clear what brand of vehicles the ship was carrying. EV-related fires on ships are challenging to extinguish due to the heat generated and risk of reignition, which could persist...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, Indian News, Life, Policy
The Insurance Amendment Bill, which proposes allowing 100 per cent foreign direct investment (FDI) in the insurance sector, is expected to be introduced in the upcoming monsoon session of Parliament New Delhi: The Monsoon session of Parliament will be held from July...