“Insurers want regular updates – each airline has a different risk...
Category:
Eco/Invest/Demography
Latest
Global insured losses from natural disaster events reach $88 billion by the end of Q3 2023, says Aon report
For the first time, insured losses from SCS in the U.S. surpassed...
Yogi govt to set up ‘Digital Doctor Clinics’
A Digital Doctor Clinic is a primary health centre that combines...
An extra 15 minute daily walk could boost global economy: Study
Hans Pung, RAND Europe’s president, said the study highlighted “a significant relationship between inactivity and productivity loss” and should give policymakers and employers “new perspectives on how to enhance the productivity of their populations”.
EU Rules for responsible investing to be set for Insurers, Asset Managers in 2021
Financial firms which claim to pursue a green or social investment strategy will have to detail the impact of their investments, disclosing any that could pollute water, damage bio-diversity or cause large layoffs for example
Aon & partners deliver pay-outs with first Blockchain-Based Agricultural Insurance Policies for smallholder farmers in Sri Lanka
After the coordinated launch earlier this year with 200 farmers enrolled who are at risk of losing their crops due to extreme weather, the system made pay-outs to farmers in this initial operations phase. The companies will now move forward by seeking solutions to some of the challenges identified in the next phase of the project as cropping season starts in November. The main goals of this follow-on phase are to refine the system’s efficiency and scale the number of farmers who will benefit from the microinsurance
India to see a 10% salary increase in 2020, Willis Towers Watson Survey finds
With the cautious business outlook, recruitment efforts are expected to slow down. The survey shows that only 22% of the organisations in India plan to add new headcount compared to 29% last year. Organisations planning to maintain their current headcount increased from 63% in 2018 to 70% in 2019; while, 7% plan to reduce headcount as compared to 8% last year
Govt may change new base year for GDP to 2017-18; decision likely soon
The economic growth slowed to over six-year low of 5 per cent in April-June this fiscal. The government has been taking steps to boost investment and perk up the sagging economy.
US woos Asia with plan to rival China’s ‘Belt and Road’
The plan announced at a US business forum in Bangkok is meant to rival China’s own multibillion dollar “Belt and Road” infrastructure program.
Pollution in Delhi-NCR: People losing precious years of their lives, says SC
“You are asking people to die. Your states (Punjab and Haryana) are also badly affected. Is this the administration left in Punjab and Haryana? Every year this is happening. We will fasten the liability of states and panchayats also,” the bench said.
Industries with pollution load in control need not seek permissions from ministries: Prakash Javadekar
“If your pollution load does not increase, you need not come to us again for permissions. With responsible care there will be responsible freedom. There has to responsible care and self regulatory mechanism as country won’t progress without it,” Javadekar said, asserting that he is not in favour of government ruling everything.
AIR Worldwide launches Multi-peril Crop Insurance Model for India
It also features a historical catalog of losses based on a recast of the years 1979 through 2017. Both the stochastic and historic recast yield and loss catalogs reflect current crop “technology” levels (for example, current crop genetics, farmer skill, availability of chemical inputs), insurable exposure by district, and PMFBY (Pradhan Mantri Fasal Bima Yojana) policy conditions as revised in late 2018
U.K. bans fracking on concerns about Earthquake Risk
Pressure from large-scale environmental protests and widespread public opinion has damped the enthusiasm for the fossil fuel as the U.K. strives to put more climate friendly policies in place. But the industry isn’t giving up. Lobby group U.K. Onshore Oil and Gas plans to demonstrate that companies can operate safely and in an environmentally friendly manner.