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India plans to exempt electric vehicles from registration fee

by AIP Online Bureau | Jun 19, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  NEW DELHI: India has issued draft rules to exempt electric vehicles from paying registration fee, the government said in a statement on Wednesday, as it looks to cut its dependence on fossil fuels.   The government has been pushing to boost the adoption of...

Wall Street takes on long-term care payouts as insurers balk at costs

by AIP Online Bureau | Jun 19, 2019 | Health, International News

  NEW YORK: Some U.S. insurers are turning to Wall Street’s financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved....

Strong quake strikes northwest Japan, triggers small tsunami, power cuts

by AIP Online Bureau | Jun 19, 2019 | Disaster & Management, Eco/Invest/Demography, International News

TOKYO:  A strong and shallow earthquake struck Japan’s northwest coast around Niigata prefecture on Tuesday, triggering a small tsunami, shaking buildings and cutting power to around 9,000 buildings.   The magnitude 6.4 quake, according to the U.S....

Saudi insurers Walaa, Metlife AIG ANB consider merger

by AIP Online Bureau | Jun 19, 2019 | Eco/Invest/Demography, International News

DUBAI: MetLife AIG ANB Cooperative Insurance Co said on Tuesday it had signed a non-binding memorandum of understanding with bigger rival Walaa Cooperative Insurance Co to evaluate a potential merger between the two companies.   Metlife AIG ANB said it has...

May 2019 was the 4th hottest on record for the globe

by AIP Online Bureau | Jun 19, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  Heat last month, in certain areas of the globe, not only broke records for May, but also reached all the way down to the bottom of the world where Antarctic sea-ice coverage hit a new low.   The average global temperature in May was 1.53 degrees F above...
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