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ONGC douses fire; gas supplies to industries hit

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  NEW DELHI/AHMEDABAD: A fire at an Oil and Natural Gas Corp (ONGC) plant caused by a pipeline rupture has cut gas supplies to customers including power and fertiliser companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd. The...

Microsoft develops ‘virtual commute’ for remote workers amid Covid-19

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Pandemic, Risk Management, Technology, Workplace/Employee Benefits

Millions of employees now commute from their bed to a desk at home. After the initial euphoria of skipping traffic jams and cramped train compartments, a new reality has dawned in which the work day blends into the rest of life, like a never-ending video call....

COVID-19 cases in India breach 57-lakh mark, recovery rate at 81.55 per cent

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Indian News

New Delhi,  India's COVID-19 caseload raced past 57 lakh, while over 46 lakh people have recovered from the disease pushing the national recovery rate to 81.55 per cent, according to the Union Health Ministry data updated on Thursday. The total coronavirus...

Catastrophic cyber event leading to claims of more than $10 billion has increased since the Pandemic:Willis Re

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Health, International News

. LONDON: Risk professionals believe the overall level of cyber attacks will increase as a result of COVID-19. Of nearly 1,000 respondents to Willis Re’s 2020 Cyber Risk Outlook survey, 86% believe frequency will increase, and 54% believe severity will rise,...

Global climate goals ‘virtually impossible’ without carbon capture – IEA

by AIP Online Bureau | Sep 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management, Technology

   A sharp rise in the deployment of carbon capture, utilisation and storage (CCUS) technology is needed globally if countries are to meet net-zero emissions targets designed to slow climate change, the International Energy Agency (IEA) said on Thursday.A...
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