by AIP Online Bureau | Jan 1, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management
Apprehending that this frequent change in trajectory might impact the economic structure of the hills and plains of north Bengal to a great extent in the coming days, the irrigation department has decided to conduct a thorough “morphology survey” of the river Kolkata:...
by AIP Online Bureau | Oct 24, 2023 | Indian News, Non-Life, Reinsurance
“For Sikkim event, loss assessment is underway. We do not expect it to be a major event based on initial information available,” said Hitesh Joshi, general manger, GIC Re to Asia Insurance Post “Our hands are tight, We will go by the rule book and the...
by AIP Online Bureau | Oct 19, 2023 | Health, Indian News, Non-Life, Regulation, Reinsurance, Technology
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: In a bid to expedite general insurance claims in Sikkim, which has...
by AIP Online Bureau | Oct 7, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
The Lhonak glacier in the Sikkim Himalayas burst and started to overflow breaching one side of the lake on October 3 leading to the rise in the water levels in Teesta and inundate several areas of the state. The 1200 MW dam Teesta Stage III hydel power project in...
by AIP Online Bureau | Oct 4, 2023 | Eco/Invest/Demography, Indian News
The water level increased drastically overnight, affecting the Dam site of the 510 MV NHPC hydroelectric power project near Dikchu village Gangtok: A sudden cloud burst over Lhonak Lake in North Sikkim has resulted in a flash flood in the Teesta River in Lachen valley...