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California tries to harness megastorm floods to ease crippling droughts

by AIP Online Bureau | Nov 15, 2022 | Workplace/Employee Benefits

HURON, Calif: The land along the Arroyo Pasajero Creek, halfway between Sacramento and Los Angeles, is too dry to farm some years and dangerously flooded in others. Amid the cycles of wet and dry — both phenomena exacerbated by climate change — a coalition of local...
Panda meets general re/insurers, takes stock of  industry functioning

Panda meets general re/insurers, takes stock of industry functioning

by AIP Online Bureau | Nov 15, 2022 | Health, Indian News, Non-Life

Debasish Panda,chairman, IRDAI “This meeting was for general update and to review industry performance in terms of growth, loss ratio,  claim settlement ratios, initiatives taken by the IRDAI in the last few months and as an industry what else can be done...

Abortions, drug use exposed in cyberattack on Australian health insurer Medibank

by AIP Online Bureau | Nov 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life

Following through on a threat, the hackers began publishing the most private medical details of some of Medibank’s customers, including terminated pregnancies, treatment for drug and alcohol addiction and heart attacks, according to a cybersecurity analyst, victims...

BOC Aviation takes insurers to court over claim for jets in Russia

by AIP Online Bureau | Nov 15, 2022 | International News, Non-Life, Reinsurance

The insurers named in the proceedings, which the filing shows were issued on Nov.3, include Lloyd’s of London Ltd., AIG Inc., Chubb Ltd. and Swiss Re AG. Leasing firms have begun pursuing claims over huge losses since losing control of more than 400 leased planes...

Over 95% organisations in India experienced ‘new fraud’ incidents in past 2-yrs: PwC Survey

by AIP Online Bureau | Nov 15, 2022 | Data, Eco/Invest/Demography, Risk Management, Technology

Puneet Garkhel, Partner and Leader, Forensics Services, PwC India, said that with organisational perimeters becoming more vulnerable over the past two years, it is imperative for businesses to not only continually focus on policies, training and internal controls but...

At 8th spot, India ranks high on list for climate protection: report

by AIP Online Bureau | Nov 15, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

China, which is the world’s biggest polluter now, fell 13 places to 51st in this year’s CCPI and received an overall very-low rating due to plans for new coal-fired power plants New Delhi: India climbed two spots to rank eighth out of 63 in the Climate...

Eating ultra-processed foods linked with premature death risk: Study

by AIP Online Bureau | Nov 15, 2022 | Eco/Invest/Demography, Facts, Health

The researchers suggested that in high-income countries such as the US, Canada, the UK, and Australia, where UPFs account for more than half of total caloric intake, the estimated impact would be even higher. Reducing the consumption of UPFs and promoting healthier...

Study finds link between computer access, mental health among young people

by AIP Online Bureau | Nov 15, 2022 | Facts, Health, Non-Life, Pandemic, Technology

The findings of the study were published in Scientific Reports. The COVID-19 pandemic had a significant effect on young people’s mental health, with evidence of rising levels of anxiety, depression, and psychological distress. Adolescence is a period when people...
Sebi amends rules; introduces new option for appointment, removal of independent directors

Sebi amends rules; introduces new option for appointment, removal of independent directors

by AIP Online Bureau | Nov 15, 2022 | Eco/Invest/Demography, Indian News, Regulation

”In case a special resolution for the appointment of an independent director fails to get the requisite majority of votes, but the votes cast in favour of the resolution exceed the votes cast against the resolution, and the votes cast by the public shareholders...
India submits long-term strategy to achieve net-zero target by 2070

India submits long-term strategy to achieve net-zero target by 2070

by AIP Online Bureau | Nov 15, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

Bhupender Yadav,Union Environment Minister India’s approach to low-carbon development is based on four key considerations — low historic contribution to global warming, energy needs for development, commitment to low-carbon growth according to national...
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