by AIP Online Bureau | Jan 9, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Weather catastrophes were responsible for 93% of overall losses and 97% of insured losses. Around 11,000 people lost their lives as a result of natural disasters in 2024 – significantly fewer than the average. Non-peak perils are increasingly fuelling the trend of...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy
PM Narendra Modi addressing the nation from the ramparts of the Red Fort on the 78th Independence Day Addressing the nation from the ramparts of the Red Fort on the 78th Independence Day, PM Modi said, “This year and over the last few years, we have all become...
by AIP Online Bureau | Apr 23, 2024 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Regulation, Risk Management
Supply shocks play a significant role in shaping inflation dynamics, with first and second-round effects exerting distinct but interconnected influences on prices and economic activity. The first-round effects typically manifest as immediate changes in the prices of...
by AIP Online Bureau | Jan 9, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Thomas Blunck, member of the Board of Management, Munich Re Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year US$ 125bn). Overall losses tally with the five-year...
by AIP Online Bureau | Jul 30, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts, Non-Life, Reinsurance, Technology
Understanding the link between weather patterns and extreme rainfall is really important for helping Sri Lankan communities prepare and respond to deadly natural disasters and could ultimately save lives, the researchers said New Delhi: Applying weather forecasting...