by AIP Online Bureau | May 19, 2023 | Disaster & Management, Eco/Invest/Demography, International News
Cyclone Mocha roared in from the Bay of Bengal on Sunday with high winds and rain slamming a corner of neighbouring Bangladesh and a wider swath of western Myanmar’s Rakhine state It made landfall near Rakhine’s Sittwe township with winds of up to 209...
by AIP Online Bureau | Mar 1, 2023 | International News, Non-Life, Reinsurance
Insurance was provided by Dhaka-based Sadharan Bima Corp. and reinsured through Lloyd’s of London player Beazley and broker Tysers, they added “All the formalities with the reinsurer are done. The amount will be remitted by tomorrow, if not today,” Syed Belal Hossain,...
by AIP Online Bureau | Jan 23, 2023 | Eco/Invest/Demography, International News, Non-Life
His comments came weeks after Moscow last month sent a ship to deliver equipment for Bangladesh’s Rooppur nuclear power plant, which is being built with Russian assistance, but Dhaka refused to accept the vessel due to the US sanctions Dhaka: Bangladesh on Sunday...
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...
by AIP Online Bureau | Jun 25, 2022 | Disaster & Management, International News, Non-Life
The floods this year are considered worse than those experienced in 1998 and 2004 New Delhi; The European Commission has released 2 million euros in funding for emergency relief assistance to those affected by the current floods in India and Bangladesh. The support...