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Scientists update forecasts on extreme weather and climate change 

by AIP Online Bureau | Jul 26, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just the last few...

Checking Delta-Unvaccinated most at risk

by AIP Online Bureau | Jul 26, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic, Risk Management

  Julie Steenhuysen Alistair Smout Ari Rabinovitch The Delta variant is the fastest, fittest and most formidable version of the coronavirus that causes Covid-19 the world has encountered, and it is upending assumptions about the disease even as nations loosen...

Law without order: investors grapple with China’s regulatory risk

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

  Western investors are wrestling with the risks of investing in U.S. listed stocks of Chinese companies after Beijing embarked on a regulatory crackdown on large swathes of its economy, from the internet sector to private tutoring. The S&P/BNY Mellon China...

Govt’s net tax collection rises 86% to Rs 5.57 trillion in first quarter

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: The government's total tax collection in the April-June quarter grew about 86 per cent to more than Rs 5.57 lakh crore, Parliament was informed on Monday. Out of the total amount, collection of net direct tax stood at Rs 2.46 lakh crore and of...

Decommissioning coal power plants older than 25 yrs can save Rs 37K cr: Study

by AIP Online Bureau | Jul 26, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Decommissioning coal power plants older than 25 years on priority could result in total savings of Rs 37,750 crore, a study by Council on Energy, Environment and Water (CEEW) said. Besides, an another study by CEEW suggested that power distribution...

SBI Life Q1 profit slumps 43 % to Rs 220 crore on higher Covid claims payout

by AIP Online Bureau | Jul 26, 2021 | Health, Indian News, Life

  Mumbai: SBI Life Insurance Company Ltd (SBI Life) on Monday reported a 43 per cent slump in its net profit to Rs 220 crore for the quarter ended in June hit by higher claim payouts due to Covid-19 pandemic. The insurer had posted a net profit of Rs 390 crore in...

Pandemic leaves Indians mired in massive medical debts

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  NEW DELHI:  As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a private hospital in northwest New Delhi every day for more than two months. In May, as India’s new COVID-19 cases broke global records to...

Insurance brokers Aon and Willis drop $30 bn merger move, Aon to pay $1 billion termination fee to Willis

by AIP Online Bureau | Jul 26, 2021 | Intermediaries, International News, Non-Life, Policy, Regulation, Reinsurance

  DUBLIN, July 26: Aon plc and Willis Towers Watson announced today that the firms have agreed to terminate their proposed $30 billion merger proposal and end litigation with the U.S. Department of Justice (DOJ). In connection with the termination of the business...

Momentum of climate action can be expedited when there is enough financial support: Yadav

by AIP Online Bureau | Jul 26, 2021 | Uncategorized

New Delhi: The momentum of climate action can be accelerated only when there is enough financial and technological support to developing nations, Union Environment Minister Bhupender Yadav said on Friday. Speaking virtually on the second and concluding day of the 16th...

Harmonizing guidance to assess radioactivity in food and drinking water

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, Health, International News, Non-Life

  Proposals to harmonize guidance on radioactivity in food and drinking water in non-emergency situations have reached a milestone with the development of a document based on international consensus on the topic. The draft of this document was discussed by...
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