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Airlines likely to avoid Ukraine’s airspace amid insurance issues

by AIP Online Bureau | Feb 14, 2022 | Intermediaries, Non-Life, Reinsurance

News agency Interfax Ukraine said Ukrainian insurance companies had received a notification from reinsurers that airlines were not covered for war risks More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European...

Europe’s banks fund oil and gas expansion despite IEA warning -report

by AIP Online Bureau | Feb 14, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

An IEA report in May said there should be no investment in new oil and gas fields in order to have a 50% chance of capping global warming at 1.5 degrees Celsius above the pre-industrial average. The financing comes despite 24 of the banks themselves pledging to...

UN to finalise science report on how warming hits home hard

by AIP Online Bureau | Feb 14, 2022 | Climate, Environment, Renewable Energy, International News, Policy

Without getting into specifics, report co-chair Hans-Otto Poertner said the science is clear that there are limits — including temperature limits — to what key ecosystems, species and humans can withstand. And in some places, warming is near those limits and in a few...

ICICI Lombard lends a personal touch to Health Insurance with Video Calling

by AIP Online Bureau | Feb 14, 2022 | Briefs, Health, Pandemic, Technology

ICICI Lombard, has introduced a video calling facility for all its customers purchasing health insurance. This initiative allows a customer to make an instant video call or schedule one via the official website on their smartphone or laptop in just three simple steps....

Investors’ wealth tumbles by over Rs 8.47 trn amid global sell-off

by AIP Online Bureau | Feb 14, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

In just two sessions, the total investors’ wealth has eroded by more than Rs 12 lakh crore. Mumbai: Investors’ wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by...
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