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Gujarat braces for Cyclone Biparjoy; landfall likely on June 15, 7,500 moved to safety

by AIP Online Bureau | Jun 12, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Two of India biggest ports – Mundra and Kandla – are in the Gulf of Kutch, while the Jamnagar refinery, the world’s biggest oil refinery complex owned by Reliance Industries, is based in Saurashtra Ahmedabad: A storm off India’s west coast has...

Reports of breach of data from CoWIN without any basis: Health Ministry

by AIP Online Bureau | Jun 12, 2023 | Health, Indian News, Risk Management, Technology

”It is clarified that all such reports are without any basis and mischievous in nature. Co-WIN portal of Health Ministry is completely safe with adequate safeguards for data privacy,” it said. The ministry, however, said it has requested the Indian...
SCOR chairman Kessler, 71, passes away, company pays tribute

SCOR chairman Kessler, 71, passes away, company pays tribute

by AIP Online Bureau | Jun 12, 2023 | International News, Non-Life, Reinsurance

Denis Kessler Thierry Léger, chief executive officer, SCOR, said, “Over the past two decades, Denis Kessler has been the architect behind SCOR’s success and reputation throughout the world. His passion for reinsurance was unparalleled, and his ambition to make SCOR an...
PB Fintech to wipe out accumulated losses in next four year: CEO

PB Fintech to wipe out accumulated losses in next four year: CEO

by AIP Online Bureau | Jun 12, 2023 | Indian News, Intermediaries, Technology

Yashish Dahiya,PB Fintech chairman and group CEO ”FY24, our hope is EBITDA coming out of core business will be more than enough to cover all investments and overall, as a company, we should be PAT positive for the full year. What we want is Rs 1,000 crore PAT by...

Climate change making air travel more bumpier, study finds

by AIP Online Bureau | Jun 12, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Risk Management

”Turbulence makes flights bumpy and can occasionally be dangerous. Airlines will need to start thinking about how they will manage the increased turbulence, as it costs the industry USD 150–500 million annually in the US alone,” said Mark Prosser, a PhD researcher at...
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