by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News
The hurricane is expected to result in property damages costing between $5 billion and $10 billion in Jamaica, according to an estimate by Cotality, a property intelligence company. Hurricane Melissa made landfall in Cuba less than a day after it became the strongest...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Depending on exactly where Melissa hits Jamaica, total losses may range from $5 billion to $16 billion, according to Chuck Watson, a disaster modeler with Enki Research. Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, International News, Non-Life, Pension & Social Security
N Chandrababu Naidu,Chief Minister , Andhra Pradesh Citing preliminary estimates, the government had noted on Tuesday that standing agricultural crops in as many as 38,000 hectares were destroyed due to the impact of Montha and horticulture crops in 1.38 lakh hectares...
by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, Indian News, Policy
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri “Oil marketing companies use vessels for crude imports. To reduce recurring cost through ownership of vessels (ships), we are aggregating PSU cargo demand to ensure long-term charters for Indian...
by AIP Online Bureau | Oct 29, 2025 | Indian News, Non-Life, Risk Management, Technology
Speaking at a conference in the national capital, Wilson also said the interim probe report into the crash indicated that there was nothing wrong with the aircraft, the engines and the operation of the airline. New Delhi: Air India CEO Campbell Wilson on Wednesday...
by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Risk Management
The vessel’s U-turn in the Fehmarn Belt occurred a week after the US slapped sanctions on state-owned Rosneft and fellow Russian oil giant Lukoil PJSC. Transactions involving the two companies must be wound down by Nov. 21, the Treasury Department said. An India-bound...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News
India’s weather department has forecast extremely heavy rain on Wednesday for the coastal states of Andhra Pradesh, Odisha, Telangana and West Bengal with wind gusts of up to 90 kmph. The cyclone is expected to weaken to a deep depression later in the day....
by AIP Online Bureau | Oct 28, 2025 | Indian News, Non-Life
Giridhar Aramane, former Defense secretary The company has appointed Giridhar Aramane, former Defense secretary as non-executive Independent director and . Michael Wallace as non-executive director, effective November 1, pending shareholder approval Mumbai: Go Digit...
by AIP Online Bureau | Oct 28, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
“With our unique geography along key global trade routes, India is well placed to become a hub for green shipping corridors, connecting domestic and international markets through clean energy trade. To harness this opportunity, India has launched Green and Digital...
by AIP Online Bureau | Oct 28, 2025 | Health, Indian News, Non-Life
Anand Roy ,MD and CEO, Star Health Insurance The fall in profitability comes despite improved topline performance, suggesting pressure on margins likely due to higher claim ratios and increased operating expenses Mumbai: Star Health and Allied Insurance Company on...
