by AIP Online Bureau | Sep 6, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Road Transport and Highways, Nitin Gadkari said “A notification will be issued in the next three days that if one doesn’t wear a seat belt while sitting on the rear seat of a car, he or she will be penalised The highest number of people dying in road accidents in...
by AIP Online Bureau | Sep 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Total global dedicated reinsurance capital of $647 billion at the half year reflects a decrease of $82 billion versus the end of 2021. The most important driver is $78 billion of realised and unrealised investment losses due to the sell-off in fixed income and equity...
by AIP Online Bureau | Sep 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, International News
Capacity comes from the Lloyd’s market, with Nephila’s Syndicate 2357 as the lead market Charlie Langdale, Head of Climate Risk and Resilience at Howden, says: “For the voluntary carbon market to grow to $50bn by 2030, buyers need to be able to trust that the carbon...
by AIP Online Bureau | Sep 5, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
Poverty and unemployment will go up manifold from 21.9 per cent to over 36 per cent. Some 37 per cent population was hit by poverty after floods in 118 districts, as estimated by the Pakistan government Islamabad: The estimated economic loss to Pakistan from floods...
by AIP Online Bureau | Sep 5, 2022 | Indian News, Non-Life
Families of both Cyrus Mistry and Jahangir Pandole who were in the back seats of ill fated Mercedes SUV and died in the accident will be the claimants of third party(TP) motor claims as Indian insurance laws define all passengers in a private vehicle are covered under...
by AIP Online Bureau | Sep 5, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
The data showed a majority (59.7 percent) of the road accidents were due to over-speeding, accounting for 87,050 deaths and injuries to 2.28 lakh persons. New Delhi: The fatal road accident involving former Tata Sons chairman Cyrus Mistry on Sunday once again brought...
by AIP Online Bureau | Sep 4, 2022 | Indian News, Non-Life, Policy
GIPSA officials are meeting the ministry officials on Monday to work out the final details of wage revision and the date of notification.. in a late afternoon development on Sunday, the National Confederation of General Insurance Officers’ Association in a...
by AIP Online Bureau | Sep 4, 2022 | Data, Eco/Invest/Demography
FPIs had turned buyers for the first time in July after nine straight months of massive net outflows, which started in October last year. Between October 2021 till June 2022, they withdrew Rs 2.46 lakh crore from the Indian equity markets New Delhi: Foreign investors...
by AIP Online Bureau | Sep 4, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Technology
“The inadequate infrastructure on ORR has now reached a crisis-level. Even though only 30 per cent of ORR population has returned to working from office, the collapse of the infrastructure has drawn global concern over the city of Bengaluru’s ability to...
by AIP Online Bureau | Sep 3, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life
Under the Clean Air Act, states must abide by the federal government’s standard vehicle emissions standards unless they at least partially opt to follow California’s stricter requirements. Among them, Washington, Massachusetts, New York, Oregon and Vermont...
