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Heat wave disrupts industrial activity as power demand soars in India

by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Industrial disruption and widespread power cuts are also bad news for corporate India, as economic activity has just started to pick up after months of stagnation amid coronavirus lockdowns New Delhi: India’s northwestern Rajasthan state scheduled four hours of...

Price increases continue to moderate in Asian markets

by AIP Online Bureau | Apr 28, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Globally, cyber insurance pricing continues to show significant rate increases — 110% in the US and 102% in the UK for the quarter London: Insurance pricing in the first quarter of 2022 in Asia increased 3%, down from 4% in the prior quarter, as price increases...

Britain proposes post-Brexit changes to insurer capital rules

by AIP Online Bureau | Apr 28, 2022 | International News, Life, Non-Life, Regulation, Reinsurance

Britain inherited the so-called Solvency II rules from the European Union, and reforming them is seen by industry and government as a key reform after Brexit to keep the financial sector globally competitive London: Britain launched on Thursday a public consultation...
As India swelters under extreme heat, Modi warns of fire risk

As India swelters under extreme heat, Modi warns of fire risk

by AIP Online Bureau | Apr 28, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News

Prime Minister Narendra Modi “We are seeing increasing incidents of fires in various places – in jungles, important buildings and in hospitals – in the past few days,” Modi said He asked states to conduct fire-safety audits for hospitals....

IP protection: India among most challenging economies, says USTR

by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation

While India made meaningful progress to promote IP protection and enforcement in some areas over the past year, it failed to resolve recent and long-standing challenges and it created new concerns for right holders, the report by US Trade Representative said...
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