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CMA CGM says its ship lost 44 containers in tough weather

by AIP Online Bureau | Jul 12, 2024 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management

“No injury to the crew has been reported, no pollution, no strong damage to the vessel which remains fully seaworthy,” the company said, adding that 33 additional containers had been damaged French shipping and logistics company CMA CGM said on Thursday that its ship...

Global reserve managers upbeat on growth but worry about politics

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, International News, Risk Management

But 87% of the reserve managers surveyed flagged further escalation in geopolitical conflicts as the biggest threat to this benign outcome, and 41% said they are diversifying their investments more across regions and currencies fearing an escalation of tensions...

US insurers may take a hit of about $2.7 billion from damage caused by Hurricane Beryl

by AIP Online Bureau | Jul 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Triggered a record $44 million payout to the nation of Grenada from a regional catastrophe insurance fund Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC)...

Generic-Viagra safety called into doubt after FDA finds false data by an Indian company

by AIP Online Bureau | Jul 11, 2024 | Health, International News, Risk Management

Data from the researcher, Synapse Labs Pvt. Ltd., may have been used in hundreds of drugs, which remain available for sale on pharmacy shelves and in Americans’ medicine cabinets Generic versions of erectile dysfunction drugs Viagra and Cialis, among other...
SC terms rising suicide cases as social issue, seeks Centre’s response on PIL

SC terms rising suicide cases as social issue, seeks Centre’s response on PIL

by AIP Online Bureau | Jul 11, 2024 | Eco/Invest/Demography, Health, Indian News

A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra took note of the submissions of lawyer and petitioner Gaurav Kumar Bansal that effective steps are needed to deal with the rising number of suicide cases and asked the Centre to...
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