by AIP Online Bureau | Aug 31, 2022 | International News, Non-Life, Reinsurance
AGCS analysis of over 240,000 marine insurance industry claims over the past five years (with a value of €9.2bn), shows that fire/explosion (from all causes) is the most expensive cause of loss, accounting for 18% of the value of all claims Singapore: Recent incidents...
by AIP Online Bureau | Aug 31, 2022 | Indian News, Life, Technology
Alby van Wyk, Chief Commercial Officer at Munich Re Automation Solutions said: “With the Indian life insurance industry speeding up to digitalisation, through the adoption of SPARK, Ageas Federal Life is demonstrating its commitment to, not just a seamless customer...
by AIP Online Bureau | Aug 31, 2022 | Health, International News
Around 3.85 billion people use these facilities, putting them at greater risk of infection, including 688 million people who receive care at facilities with no hygiene services at all Half of health care facilities worldwide lack basic hygiene services with water and...
by AIP Online Bureau | Aug 31, 2022 | Eco/Invest/Demography, Health, International News, Life, Pandemic
The nearly one-year decline from 2020 to 76.1 years marked the largest two-year drop in life expectancy at birth in close to a century, the U.S. Centers for Disease Control and Prevention (CDC) found. Disparity in life expectancy between men and women also widened...
by AIP Online Bureau | Aug 31, 2022 | Eco/Invest/Demography, Health, Indian News
According to latest genome sequencing data,, BA.2.75, a new sub lineage of Omicron, has become the dominant coronavirus strain circulating in the country New Delhi: With a mere 12 per cent coverage of precaution doses across the country so far, the Union Health...
by AIP Online Bureau | Aug 31, 2022 | Data, Technology
”As of March 2022, the number of EVs on Indian roads had surpassed one million. This number is likely to grow to 45-50 million EVs on road by 2030,” it said ‘Currently, only about 1,700 public charging stations are operational across the country...
by AIP Online Bureau | Aug 31, 2022 | Data, Eco/Invest/Demography
At present, there are 138 data centres across India spanning about 11 million square feet and having 737 MW of IT capacity (building ready). At least 57 per cent of this current IT capacity is in Mumbai and Chennai, collectively. India’s data centre industry...
by AIP Online Bureau | Aug 30, 2022 | Eco/Invest/Demography, Indian News, Reinsurance
The capital markets regulator, in October 2021, issued a show cause notice against Fairfax Financial Holdings Limited (FFHL), the ultimate parent entity of Fairfax Group, alleging a violation of mutual fund rules by FFHL, according to the draft IPO documents of Go...
by AIP Online Bureau | Aug 30, 2022 | Climate, Environment, Renewable Energy, Editorial, International News, Non-Life, Reinsurance
The recent flood in Pakistan is actually an outcome of the climate catastrophe … that was looming very large. The kind of incessant rainfall that has happened … has been unprecedented,”said Anjal Prakash, a research director at India’s Bharti Institute of...
by AIP Online Bureau | Aug 30, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Bibek Debroy,Chairman,EAC-PM The country can become a USD 20 trillion economies by 2047 at this growth rate, he added. India, the world’s sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation. New Delhi: India can...
