by AIP Online Bureau | Mar 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
North America is identified as the region likely to be most financially impacted by the scenario, suffering a potential economic loss of $755 billion over the modelled five year period. However, the gap between the impact on North America and Europe is relatively...
by AIP Online Bureau | Oct 11, 2024 | Disaster & Management, Eco/Invest/Demography, International News
This storm could impact ongoing recovery efforts for hurricanes Helene and Milton in several critical ways, including communication disruptions, power grids stress, and degraded GPS services, according to NOAA Los Angeles: A powerful solar storm arrived at Earth on...
by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
”This is the biggest geomagnetic storm since 2003 in terms of its strength, as the flaring region on the Sun was as big as the historically important Carrington event that took place in 1859,” ISRO said in a statement. Bengaluru: A powerful solar storm...
by AIP Online Bureau | May 11, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
The danger is that the storms can inject direct current into alternating current transmission lines, as well as sending low pulses of electricity through things like railroad tracks and pipelines. Some GPS signals may be lost during the event A severe solar storm this...
by AIP Online Bureau | Apr 5, 2022 | International News
A G3 storm can trigger false alarms for protection devices in power grids, create drag on low-orbiting satellites and disrupt high-frequency radio traffic In early February, Space X lost 40 Starlink satellites when they were launched into a geomagnetic storm A solar...
