by AIP Online Bureau | Jan 14, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Estimating insured losses is difficult given that fires are not fully contained. Nonetheless, significantly wide estimates for insured losses range between $10 billion and $30 billion, and economic losses between $150 billion to $275 billion, says Fitch The Los...
by AIP Online Bureau | Jan 14, 2025 | International News, Regulation, Risk Management, Technology
Under one scenario that’s been discussed by the Chinese government, Musk’s X — the former Twitter — would take control of TikTok US and run the businesses together, the people said. With more than 170 million users in the US, TikTok could bolster X’s efforts to...
by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Risk Management
India’s insurance market projected to be the G20’s fastest-growing market over the next five years, with total premium volumes (life and non-life) up 7.3% in real terms on average each year. Growth underpinned by macroeconomic tailwinds, digitalisation progress and...
by AIP Online Bureau | Jan 14, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology
Sales in China jumped 36.5 per cent to 1.3 million vehicles in December, and totalled 11 million for the whole of 2024. Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month...
by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
JP Nadda, Union Minister of Health and Family Welfare & Chemicals and Fertilizers Odisha became the 34th state to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) New Delhi: Odisha became the 34th state to implement the Ayushman Bharat...
