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Diseases cost the African Region $2.4 trillion a year, says WHO

by AIP Online Bureau | Mar 30, 2019 | Eco/Invest/Demography, Health, International News

   Praia, Cabo Verde: The World Health Organization (WHO) estimates that nearly 630 million years of healthy life were lost in 2015 due to the diseases afflicting the population across its 47 Member States in Africa, now amounting to a loss of more than 2.4...

AT&T is using models to prepare for natural disaster costs

by AIP Online Bureau | Mar 30, 2019 | Climate, Environment, Renewable Energy, International News, Risk Management

  AT&T paid Argonne $375,000 to model flooding, hurricane and wind storms at the neighborhood level in Florida, Georgia, North Carolina and South Carolina, according to Charlene Lake, the company’s chief sustainability officer and senior vice president...

Bayer must pay $80 mn in Monsanto roundup cancer trial, says US Jury

by AIP Online Bureau | Mar 29, 2019 | Health, International News, Risk Management

A U.S. jury on Wednesday awarded $80 million to a man who claimed his use of Bayer AG’s glyphosate-based weed killer Roundup caused his cancer, in the latest legal setback for the company facing thousands of similar lawsuits.   The jury in San Francisco...

IRDAI clears new norms for life products and Indiabulls entry as a non-life insurance player

by AIP Online Bureau | Mar 29, 2019 | Indian News, Life, Non-Life, Regulation

  Hyderabad: The insurance regulator IRDAI has finally approved a set of significant changes in the current regulations on product guidelines for linked and non-linked life insurance policies that would impact designing term, credit life and micro-insurance...

IRDA postpones annual revision of Motor TP tariff due on Apr 1

by AIP Online Bureau | Mar 29, 2019 | Indian News, Non-Life, Regulation

  Hyderabad: With the enforcement of code of conducts, due to forthcoming general election, the insurance regulator IRDAI has deferred its annual revision of third party motor tariff, which is normally revised on Apr 1 of every year, for the time being.  ...
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