by AIP Online Bureau | Nov 10, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life
No loss of lives were reported so far. Wednesday’s earthquake occurred at 2:12 am with its epicentre at Khaptad National Park in the Doti district of the quake-prone Himalayan nation, damaging scores of houses and sparking panic among the people who were...
by AIP Online Bureau | Nov 10, 2022 | International News, Non-Life
In a tweet earlier, the Indian High Commission said, “We are deeply saddened by the tragic fire incident in Malé which has caused loss of lives, including reportedly of Indian nationals. We are in close contact with the Maldivian authorities” Male: Eight Indians were...
by AIP Online Bureau | Nov 10, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The newly created African Climate Risk Facility(ACRF) will provide protection for 1.4 billion people against floods, droughts and tropical cyclones by providing $14 billion of climate risk insurance by 2030 to African sovereigns, cities, humanitarian organizations and...
by AIP Online Bureau | Nov 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation
The International Organization of Securities Commissions (IOSCO), which groups securities regulators from across the world, made recommendations to improve ‘compliance’ carbon markets, and asked whether regulators should be more involved in ‘voluntary’ carbon...
by AIP Online Bureau | Nov 10, 2022 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life
Countries with territory in the Himalayan mountains or its foothills, including China, India, Nepal and Pakistan, could face sudden flooding events, the report said. As the ice melts, water can pool behind rocky ridges to form lakes. And when those rocks give way,...
by AIP Online Bureau | Nov 10, 2022 | Indian News, Non-Life, Reinsurance
Devesh Shrtivastav, CMD, GIC Re GIC Re has performed well in the last couple of quarters, despite uncertain market condition owing to sanction, political upheaval, wear and tear of war crises, and vagaries of climate change. I think, we weathered the Pandemic...
by AIP Online Bureau | Nov 9, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Serving policyholders at all the milestones in their lives, (re)insurers play a crucial role in addressing climate-related risks, primarily through their measuring, pricing and assumption of risk and thus through their payment of insured claims — including life and...
by AIP Online Bureau | Nov 9, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Tarun Bajaj, revenue secretary, ministry of finance The government has said investigations by the Directorate General of GST Intelligence, Mumbai Zonal Unit have revealed that input tax credit of Rs 824 crore has been availed by 16 insurers, out of which an amount of...
by AIP Online Bureau | Nov 9, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
These rupee-denominated papers will have long tenure to suit the requirement of green infrastructure projects. New Delhi: The Finance Ministry has finalized the framework to issue sovereign green bonds in line with global standards, according to sources. The...
by AIP Online Bureau | Nov 9, 2022 | Eco/Invest/Demography, Indian News, Technology
The computer resources of all associated dependencies of the aforementioned entities have also been declared as “protected systems” under the law New Delhi: The government has declared certain databases related to the Census and the National Population Register (NPR)...
