by AIP Online Bureau | Nov 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The grain deal, originally reached three months ago, had dispelled a global food crisis by lifting a de facto Russian blockade on Ukraine, one of the world’s biggest suppliers. The prospect that it could fall apart this week had revived fears of global hunger and...
by AIP Online Bureau | Nov 2, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News
In 2021, high impact weather and climate events led to hundreds of fatalities, directly affected more than half a million people and caused economic damages exceeding $50 billion. About 84 per cent of the events were floods or storms As the climate continues to...
by AIP Online Bureau | Nov 2, 2022 | Indian News, Non-Life
A spokesperson of WTW has clarified,“ We have come across media reports that mention Willis Towers Watson having done the valuation of Reliance General Insurance. The reports also mention a valuation amount. We would like to clarify that these reports are...
by AIP Online Bureau | Nov 2, 2022 | Health, International News, Non-Life, Pandemic, Risk Management
Foxconn’s Zhengzhou facility is responsible for 80% of capacity for the iPhone 14 series, with more than 85% of iPhone 14 Pro capacity based there, according to Counterpoint senior analyst Ivan Lam. Any disruption there threatens to snarl Apple’s finely orchestrated...
by AIP Online Bureau | Nov 2, 2022 | International News, Non-Life, Technology
Thousands of people, many with tech skills, have been lured by social media advertisements promising well-paid jobs in Cambodia, Laos and Myanmar, only to find themselves forced to defraud strangers worldwide via the internet CHENNAI/BANGKOK: Indian engineer Stephen...
by AIP Online Bureau | Nov 2, 2022 | Eco/Invest/Demography, International News
John Lee, Chief Executive, Hong Kong “Hong Kong remains the only place in the world where the global advantage and the China advantage come together in a single city,” Hong Kong leader John Lee told roughly 250 summit participants, mostly comprising of...
by AIP Online Bureau | Nov 2, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
In analysis issued in response to the increase in number and severity of ransomware attacks against critical infrastructure in the United States since late 2020, the U.S. Financial Crimes Enforcement Network (FinCEN) said it had received 1,489 ransomware-related...
by AIP Online Bureau | Nov 2, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Ships entering the three ports, which have been part of the agreement, are usually required by their banks to have various insurance policies in place including hull and cargo war cover, which is renewed every seven days London: Insurers are no longer offering new...
by AIP Online Bureau | Nov 2, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
These disasters claimed 2,775 lives, affected 1.8 million hectares (ha) of crop area, destroyed over 4,16,667 houses and killed close to 70,000 livestock, stated the report, ‘Extreme Weather Report 2022’, released by the Centre for Science and Environment...
by AIP Online Bureau | Nov 2, 2022 | Indian News, Regulation, Technology
Rajeev Chandrasekhar,Union IT minister The minister asserted that compliance of IT rules and laws is not ”pick and choose” or ”cherry picking” option for social media platforms, and made it clear that the government will not be a mute spectator...
