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Kerala flood: Heavy rains wreak havoc, 11 dead

Kerala flood: Heavy rains wreak havoc, 11 dead

by AIP Online Bureau | May 24, 2024 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Reinsurance, Risk Management

Revenue Minister K Rajan today said parts of Kerala received over 20 cm of rain in the last 24 hours and added that a total of 11 people have lost their lives in the state in various recent rain-related incidents Thiruvananthapuram: Heavy rains continue to lash Kerala...
Singapore Airlines’ Turbulent Flight: What went wrong?

Singapore Airlines’ Turbulent Flight: What went wrong?

by AIP Online Bureau | May 24, 2024 | Features, Non-Life, Risk Management, Technology

While high-altitude turbulence isn’t a rare occurrence, resulting fatalities are. The phenomenon can be caused by rising pockets of hot air, or cumulonimbus clouds that are often accompanied by gusts and storms. At higher altitudes, aircraft might encounter sudden...

Global carbon pricing revenues top a record $100 billion: World Bank

by AIP Online Bureau | May 24, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

World Bank report findings show large middle-income countries including Brazil, India, Chile, Colombia, and Türkiye are making strides in carbon pricing implementation. While traditional sectors like power and industry continue to dominate, carbon pricing is...
Air Turbulence: Flights leaving Tokyo dominate roughest long-haul services list

Air Turbulence: Flights leaving Tokyo dominate roughest long-haul services list

by AIP Online Bureau | May 24, 2024 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management, Technology

Strong turbulence is produced when air streams traveling at significantly different speeds come together. This is typically encountered at the boundaries of jet streams, over mountains and in certain cloud storms, according to the turbli website The deadly turbulence...

Max Life declares Rs1,826 crore bonus in Fy 23-24

by AIP Online Bureau | May 24, 2024 | Briefs, Eco/Invest/Demography, Life

Max Life Insurance Company (Max Life) has announced its highest-ever participating (PAR) bonus of Rs1,826 Crore for its eligible policyholders in FY23-24. The bonus is 14% higher than the bonus declared in the last fiscal. The declared annual bonus will be added to...
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