by AIP Online Bureau | May 11, 2023 | Climate, Environment, Renewable Energy, Data, Disaster & Management, Eco/Invest/Demography
The number of people displaced inside their country at the end of the year because of disasters like floods and famine reached 8.7 million, up by 45 per cent from 2021 The war in Ukraine helped push the global total of people left internally displaced by conflict or...
by AIP Online Bureau | Jan 26, 2023 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Data show that 2022 was the fifth costliest year on record for insurers, with approximately $50-55 billion of the global insured loss total resulting from Hurricane Ian in the United States – the second-costliest natural catastrophe in history from an insurance...
by AIP Online Bureau | Oct 24, 2022 | Disaster & Management, Eco/Invest/Demography, International News
`On 20 October we assigned a rating of ‘B’ to Barbados’s US dollar-denominated global bonds maturing on 1 October 2029. The issue includes provisions for payments to bondholders to be deferred for up to two years in the event of a pre-defined natural disaster. This is...
by AIP Online Bureau | Oct 19, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Michal Lörinc, head of catastrophe insight in Aon’s Impact Forecasting team, said: “It is anticipated that there will be robust loss development across many of the reported natural catastrophes, especially with the realization of costs associated with recent tropical...
by AIP Online Bureau | Jun 18, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
Naveen Patnaik chief minister,,Odisha Citing the huge number of natural calamities between June and October, the chief minister said that the period is important and there is a need to strengthen preparations as many natural calamities such as floods, storms and...
