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Parametric catastrophe facility CCRIF pays $12.8 mln to Bahamas for Dorian damages

by AIP Online Bureau | Sep 28, 2019 | Disaster & Management, Eco/Invest/Demography, International News

  CCRIF has made two payouts to the government of The Bahamas totaling US$12.8 million in the aftermath of Hurricane Dorian, which caused widespread destruction in the northern part of the archipelago.   A CCRIF team, led by its CEO Isaac Anthony, will visit...

Anil Ambani’s Reliance Capital completes 21.54% stake sale in mutual fund arm

by AIP Online Bureau | Sep 28, 2019 | Indian News, Life, Non-Life

  Mumbai: Reliance Capital has announced the completion of 21.54 per cent stake sale in its mutual fund arm RNAM to joint venture partner Japan’s Nippon Life Insurance for Rs 3,030 crore. The company will further monetise its balance 4.28 per cent stake in...

Europe’s money laundering scandals expand with criminal probe of ABN Amro

by AIP Online Bureau | Sep 28, 2019 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management

Europe’s widening money laundering scandals took a new turn as ABN Amro Bank NV disclosed a criminal probe over alleged failures to check on clients and report suspicious transactions, a further sign of woe in an industry already struggling to grow...

Vaping now linked to 12 deaths, 805 illnesses in U.S

by AIP Online Bureau | Sep 28, 2019 | Health, International News, Non-Life

  U.S. health officials on Thursday reported 805 confirmed and probable cases and 12 deaths so far from a mysterious respiratory illness tied to vaping, with the outbreak showing no signs of losing steam.   Last week, the U.S. Centers for Disease Control and...

U.N. science panel warns climate impacts on oceans include rising seas, dry rivers

by AIP Online Bureau | Sep 26, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Scientists behind a landmark study of the links between oceans, glaciers, ice caps and the climate delivered a stark warning to the world on Wednesday: slash emissions or watch cities vanish under rising seas, rivers run dry and marine life collapse.   Days after...
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