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Global EV shipments up 79% YoY in Q1, Tesla leads: Report

Global EV shipments up 79% YoY in Q1, Tesla leads: Report

by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, International News, Technology

“With EVs comprising just 12 per cent of the total passenger vehicle shipments during the first quarter of 2022, there is a lot of scope for expansion. Fresh players are entering the market to benefit from the opportunity,” Senior Research Analyst Soumen...
Flooding affects 7.2mn people in Bangladesh: UN

Flooding affects 7.2mn people in Bangladesh: UN

by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, International News, Non-Life, Reinsurance

According to the statement, the Bangladeshi government has evacuated over 472,000 people to some 1,605 shelters Dhaka: An estimated 7.2 million people have been severely affected in Bangladesh following devastating flash floods which began in May with a second wave...

ECB climate stress test flags $71 billion risk to euro zone banks

by AIP Online Bureau | Jul 9, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, International News, Non-Life, Policy, Regulation

“Euro area banks must urgently step up efforts to measure and manage climate risk, closing the current data gaps and adopting good practices that are already present in the sector,” said the ECB’s chief supervisor, Andrea Enria A sudden jump in carbon prices coupled...
Australian flood: Insurers receive 8,415 claims for almost $100 million

Australian flood: Insurers receive 8,415 claims for almost $100 million

by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance

There are 84 per cent property, 14 per cent motor and two per cent commercial claims Sydney: The Australian insurers have received 8,415 claims with an estimated insurance loss of $97.9 million, said the Insurance Council of Australia (ICA) which earlier this week...
Assam floods damaged 30,000 to 40,000 houses, says CM Himanta

Assam floods damaged 30,000 to 40,000 houses, says CM Himanta

by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, Indian News, Non-Life, Policy

Later, talking to journalists, Sarma said since Assam’s flood has been labelled ”severe” by a central team, which made an assessment of the flood situation, he sought an advance fund from the NDRF to enable the state to help the people whose houses...
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