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Canada’s financial industry regulator issues norms for banks, insurers to disclose climate risks

by AIP Online Bureau | Mar 10, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy

The principles come into effect at the end of fiscal 2024 for larger banks and insurers and in 2025 for smaller firms, the regulator said in a statement. The Canadian regulator is going ahead with its first climate framework as global financial bodies raise pressure...

Climate change to cost Germany up to 900 billion euros by 2050 – study

by AIP Online Bureau | Mar 10, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance

Germany’s economy and environment ministries cited the study as showing that extreme heat, drought and floods could cost between 280 billion euros ($297.81 billion) and 900 billion euros between 2022 and 2050, depending on the extent of global warming The costs...
Digital India Act; draft to come in April: Chandrasekhar

Digital India Act; draft to come in April: Chandrasekhar

by AIP Online Bureau | Mar 10, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Minister of State for Electronics and IT Rajeev Chandrasekhar As part of online safety and trust principle proposed for the Digital India Act (DIA), the minister sought views of stakeholder on mandating stringent regulation for privacy invasive devices such as spy...
Unseasonal rains destroyed standing crops on 13,729 hectares in 8 districts: Fadnavis in Maha assembly

Unseasonal rains destroyed standing crops on 13,729 hectares in 8 districts: Fadnavis in Maha assembly

by AIP Online Bureau | Mar 10, 2023 | Eco/Invest/Demography, Indian News

Devendra Fadnavis,Deputy Chief Minister, Maharashtra Maximum damage has been reported from Palghar, Nashik, Ahmednagar, Jalgaon, Nandurbar, Dhule, Buldhana and Washim districts Mumbai: Recent unseasonal rains damaged standing crops on 13,729 hectares in 8 districts of...
Recovery and risks in global entertainment industry

Recovery and risks in global entertainment industry

by AIP Online Bureau | Mar 9, 2023 | Articles, Non-Life, Reinsurance

The glamour, revenues and audiences may all be returning post-pandemic, but the movie and live events business has yet to fully recover from the Covid crisis and is having to constantly evolve in a new environment driven by economic, technology and sustainability risk...
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