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Pilot”s non-adherence to SOP probable cause for Kozhikode plane crash: AAIB report

by AIP Online Bureau | Sep 12, 2021 | Indian News, Non-Life, Reinsurance, Risk Management

  New Delhi: Non-adherence to standard operating procedure resulted in the Air India Express Boeing 737 crash at Kozhikode airport in August 2020, the Aircraft Accident Investigation Bureau (AAIB) said in its final report. The investigation report, which was...

UK’s Sunak wants insurers to explore products for social care costs

by AIP Online Bureau | Sep 11, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Pension & Social Security

  London: British finance minister Rishi Sunak has directed Treasury officials to explore with the insurance industry new financial products that would help people cover their share of costs for social care, a Treasury source said on Friday. Prime Minister Boris...

NE needs more Ayush colleges, Centre keen to support: Sonowal

by AIP Online Bureau | Sep 11, 2021 | Health, Indian News

  Guwahati : Union minister Sarbananda Sonowal on Saturday said more Ayush colleges should be set up in the northeast, and the Centre is keen to support the initiative. He also said the central government has increased financial assistance to states for...

Heavy rains in Delhi as Monsoon breaks 46-year record; Airport forecourt, key roads waterlogged

by AIP Online Bureau | Sep 11, 2021 | Indian News, Non-Life

New Delhi: Record heavy rains lashed the national capital on Saturday, making it the wettest monsoon season in 46 years and causing extensive waterlogging that affected operations at the Delhi airport, disrupted traffic on key roads and left passengers trapped in...

Want to make India a destination for international arbitration: Law Minister Kiren Rijiju

by AIP Online Bureau | Sep 11, 2021 | Eco/Invest/Demography, Indian News, Policy

  Prayagraj (Uttar Pradesh),Sept 11: Union Law Minister Kiren Rijiju on Saturday expressed his aim to make India a destination for international arbitration and the need to improve the judicial system and focus on the delivery of justice to the common man. He...

Medicine delivery by drones to be piloted in 16 zones in Telangana: Scindia

by AIP Online Bureau | Sep 11, 2021 | Health, Indian News, Technology

 Vikarabad (T'gana).Sept 11:  Union Civil Aviation Minister Jyotiradtiya Scindia on Saturday said Medicines from the Sky' project under which drugs and vaccines are delivered using drones, will be taken up on a pilot basis in 16 green zones in...

Poor countries say lack of vaccines may exclude them from climate talks

by AIP Online Bureau | Sep 11, 2021 | Uncategorized

  LONDON: The world's poorest countries asked for more help on Friday to meet vaccination and quarantine requirements and costs to ensure they can take part in next month's global climate conference in Glasgow, Scotland. The talks aim to spur bigger...

U.S. Treasury climate official seeks insurance changes for extreme weather

by AIP Online Bureau | Sep 11, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life

  WASHINGTON: Climate-related weather events are costing American households, businesses and insurers billions of dollars in losses, and there is no sign that they will ease up, the U.S. Treasury's top climate official told Reuters on Thursday. Climate...

Australia appoints former Macquarie boss to supervise financial regulators

by AIP Online Bureau | Sep 11, 2021 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation

  SYDNEY: Australia's government has appointed Nicholas Moore, who led Macquarie Group for a decade until 2018, to chair a new regulator review board to report on the effectiveness of the country's banking and corporate regulators. The new body was set up...

China launches wealth management product pilots for retirement in four cities

by AIP Online Bureau | Sep 11, 2021 | Eco/Invest/Demography, International News, Pension & Social Security, Policy

BEIJING: China's banking and insurance regulator said on Friday it will launch wealth management product pilots in four cities aimed at retail investors looking to boost their retirement savings. The products will be sold by wealth management units of the...
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