by AIP Online Bureau | May 24, 2024 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management, Technology
Strong turbulence is produced when air streams traveling at significantly different speeds come together. This is typically encountered at the boundaries of jet streams, over mountains and in certain cloud storms, according to the turbli website The deadly turbulence...
by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, Features, Technology
With a population set to start shrinking from 2030, Tokyo will nearly double to 335 million yen ($2.2 million) its budget for marriage-support services in the fiscal year starting next month. Nearly one-third of Tokyo men in their 50s have never been married, while...
by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
All 379 people on board the JAL 9201.T Airbus AIR.PA A350 widebody jet escaped before the plane was completely engulfed in flames that took more than six hours to extinguish TOKYO: Japan Airlines on Thursday said it expected losses of more than $100 million after one...
by AIP Online Bureau | Jan 4, 2024 | Indian News, Non-Life, Reinsurance
Indian insurance industry sources said GIC Re will be paying around Rs18 crore while three other PSU general insurers, New India Assurance(NIA), Oriental Insurance Company(OIC) and National Insurance Company(NIC)will have fork out Rs 5 crore each to meet their part of...
by AIP Online Bureau | Jan 2, 2024 | International News, Non-Life, Reinsurance
All the 367 passengers plus eight toddlers and 12 crew on board the Airbus SE A350-900 plane were safely evacuated, an airline spokesperson said by telephone. Flight JL516, operated by a 2 year old Airbus A350-900 jet, took off from New Chitose airport near Sapporo at...
