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China weighs exit from ‘zero COVID’ and the risks involved

by AIP Online Bureau | Mar 18, 2022 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic, Policy

Studies of Chinese vaccines suggest they offer significantly less protection against infection from omicron, even after three doses, than a booster shot from a Western vaccine using mRNA technology. A Chinese mRNA vaccine is still in trials One major reason China is...

Japan manufacturers restart some of the northeast’s quake-hit plants

by AIP Online Bureau | Mar 18, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

Renesas Electronics Corp, which makes nearly a third of the microcontroller chips used in cars globally, said a stop on two factories and a partial stop on a third remained in place Tokyo: Japanese manufacturers began restarting production at some of the plants that...
Be ready to lose all your money in crypto, EU regulators warn

Be ready to lose all your money in crypto, EU regulators warn

by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Regulators are increasingly worried that more consumers are buying 17,000 different cryptoassets, including bitcoin and ether, which account for 60% of the market, without being fully aware of the risks LONDON:, Consumers risk losing all their money invested in...
Swiss Re cuts fossil fuel cover for oil, gas to protect climate

Swiss Re cuts fossil fuel cover for oil, gas to protect climate

by AIP Online Bureau | Mar 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance

In its annual sustainability report released Thursday, Swiss Re said it would no longer insure projects that get the go-ahead from their parent company from 2022, unless the company has an independently verified, science-based plan to reach net-zero emissions Now, the...
UK tables ‘world-first’ online safety law in Parliament

UK tables ‘world-first’ online safety law in Parliament

by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Nadine Dorries,UK Digital Secretary The Online Safety Bill has been dubbed a milestone in the fight for a new digital age, which will hand the country’s communications watchdog the power to fine or even ban offensive websites. It is also designed to protect children...

Cyclone brewing in Bay of Bengal, A&N Islands to get heavy rains

by AIP Online Bureau | Mar 17, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News

“If the forecast materialises, tropical cyclone Asani will become the first-ever tropical cyclone to hit Andaman and Nicobar Islands in March. Not a single tropical cyclone has hit the region in March in at least 132 years,” Akshay Deoras, a meteorologist at the...

Singapore Airlines’ in-flight retailer says 4,749 customers exposed to phishing attack

by AIP Online Bureau | Mar 17, 2022 | International News, Technology

The company has reviewed its systems and processes together with Singapore Airlines and concluded that the breach was an isolated incident that came about due to a human error. None of its other databases or systems had been compromised Singapore: Personal information...

Shell directors may face lawsuit over climate transition plans

by AIP Online Bureau | Mar 17, 2022 | Climate, Environment, Renewable Energy, International News

The ClientEarth lawyers said they are seeking to hold the directors personally liable for what they consider to be a failure to adequately prepare for the global shift to a low-carbon economy, claiming an alleged breach of the directors’ duties under the UK Companies...

World far short of climate goals during ‘decade of action’ -report

by AIP Online Bureau | Mar 17, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy

The report also said big developing countries like India and China, which in 2018 accounted for 42% of all emissions, “will dominate the uncertainty” in climate progress with their emissions growing faster in coming years than emissions are reduced elsewhere...

Reinsurers return more capital on very strong 2021 results: Fitch

by AIP Online Bureau | Mar 17, 2022 | International News, Non-Life, Reinsurance

The strong increase in earnings in 2021 allows reinsurers to overcompensate for a rise in excess mortality losses linked to Covid-19, above-average natural catastrophe claims and a lower investment income Paris/Frankfurt: The four major European reinsurers – Hannover...
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