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Gallagher Re makes strategic appointments to further enhance service capability in Asia Pacific

by AIP Online Bureau | Sep 29, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Mark Morley, Managing Director, Head of Asia Pacific, commented: “As we continue to invest in the depth and capability of our offering across Asia Pacific, appointments such as these ensure that Gallagher Re is positioned to serve the evolving requirements of our...

One of strongest storms Hurricane Ian to make landfall in Florida

by AIP Online Bureau | Sep 29, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Samantha Montano, an assistant professor of emergency management at Massachusetts Maritime Academy, said the powerful winds may not do the worst damage. “Certainly, the wind threat is significant with this storm,” said Montano. “But I think it’s definitely from the...

Google will notify you if your personal info appears in Search

by AIP Online Bureau | Sep 29, 2022 | International News, Technology

“Early next year, you’ll also be able to opt into alerts if new results appear with personally identifying information, so you can quickly request their removal from Google Search,” said the tech giant. Apart from the new tool, the removal requests...

Sebi rolls out framework for credit rating agencies, applicable from Jan’23

by AIP Online Bureau | Sep 29, 2022 | Eco/Invest/Demography, Indian News, Regulation

While assigning such credit ratings, CRAs will have to conduct independent due diligence on the nature of specified support consideration and form a definitive internal view and, wherever warranted, obtain an independent external legal opinion for ascertaining the...

Maha industrial unit blast: Cops register accidental death case; minister stresses on safety training of workforce

by AIP Online Bureau | Sep 29, 2022 | Indian News, Non-Life, Workplace/Employee Benefits

Three workers were killed and eight others received severe burns on Wednesday afternoon when a hydrogen gas cylinder exploded and triggered fire in an electrical equipment manufacturing company located in Chandarpada area of Vasai town In addition to the compensation...

National Health Mission engages 2.71 lakh additional health personnel in 2020-21

by AIP Online Bureau | Sep 29, 2022 | Data, Eco/Invest/Demography, Health

The Cabinet was informed that under five mortality rate (U5MR) in India has declined from 49 in 2013 to 36 in 2018 and the percentage annual rate of decline in U5MR during 2013-2018 has accelerated to 6 per cent New Delhi: The Cabinet was informed on Wednesday that...

At Rs 1,000 per claim, National Insurance plans to hire Internal Ombudsman

by AIP Online Bureau | Sep 28, 2022 | Indian News, Non-Life, Policy

The Internal Ombudsman is required to strengthen the grievance redressal mechanism and reduce the complaints to Insurance Ombudsman and pre-empt litigation in judicial and quasi-judicial forums Chennai: In an attempt to reduce claims litigation costs, individual...

Warming may lead to more frequent, longer-lasting droughts in India: Study

by AIP Online Bureau | Sep 28, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

Researchers from the University of East Anglia (UEA) in the UK found that even a modest temperature increase of 1.5 degrees Celsius will spell serious consequences in India, China, Ethiopia, Ghana, Brazil, and Egypt Rising global temperatures may lead to more frequent...
Time to address mental health issues in the workplace, UN agencies urge

Time to address mental health issues in the workplace, UN agencies urge

by AIP Online Bureau | Sep 28, 2022 | Eco/Invest/Demography, Health, International News, Non-Life

Bullying and psychological violence, also known as “mobbing,” is a key complaint of workplace harassment that has a negative impact on mental health. However, discussing or disclosing mental health remains a taboo in work settings globally With an estimated 12 billion...

Global average annual insured losses from extreme events exceed $120 Billion: Verisk

by AIP Online Bureau | Sep 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Verisk estimates that on an annual average basis, catastrophes around the world are expected to cause about $123 billion in insured losses compared to an average of $74 billion in actual losses over the past 10 years “The most significant factor driving increased...
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