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Insurers face $4.5 billion+ damage bill from costliest severe storm period on record in Europe, Aon Catastrophe Report

by AIP Online Bureau | Jul 10, 2021 | Eco/Invest/Demography, International News

CHICAGO: In its monthly Global Catastrophe Recap report, evaluating the impact of natural disaster events worldwide during June,Aon plc has said that the with the total insured impact anticipated out of widespread hail, wind and flood damage...

Miller &Guy Carpenter announce new appointments 

by AIP Online Bureau | Jul 10, 2021 | Intermediaries, International News, Non-Life

  London/New York: Miller, a leading independent specialist (re)insurance broker, is pleased to announce the appointment of marine business development specialist, Seema Pandey. Seema brings over 16 years of industry experience to Miller, joining from Mar...

Guy Carpenter launches suite of climate advisory and modeling services

by AIP Online Bureau | Jul 10, 2021 | Uncategorized

New York: Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan, announced today the launch of a suite of climate advisory and modeling services, as companies look to develop and integrate robust climate...

FM Sitharaman emphasises on role of technology in fighting climate change

by AIP Online Bureau | Jul 10, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Reinsurance

  New Delhi: Finance Minister Nirmala Sitharaman on Friday emphasised on the role of technology in fighting climate change and called for international cooperation to increase supply of alternative sources of energy and technologies. The minister participated...

Pakistan-based hackers targeting critical infrastructure PSUs in India

by AIP Online Bureau | Jul 10, 2021 | Eco/Invest/Demography, International News, Technology

  New Delhi: Pakistan-based hacker groups have expanded their cyber-attack network in India and are now targeting high-profile targets from critical infrastructure PSUs from telecom, power and finance sectors in the country, a new report warned on Friday. In...

NGT imposes Rs 10 crore fine on pharma company Teva API

by AIP Online Bureau | Jul 10, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

New Delhi: The National Green Tribunal has slapped a penalty of Rs 10 crore on a pharmaceutical manufacturing company in Amroha district of Uttar Pradesh for violation of environmental norms. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel said it is...

India reports 42,766 new COVID-19 cases, 1,206 deaths in last 24 hours

by AIP Online Bureau | Jul 10, 2021 | Eco/Invest/Demography, Indian News

New Delhi: India reported 42,766 new COVID-19 cases in the last 24 hours, informed the Union Health Ministry on Saturday. India's active caseload of COVID-19 cases is at 4,55,033. The active cases constitute 1.48 per cent of the total cases. The country also...

ICMR to conduct clinical trial for evaluation of Covid-19 therapy with Oxford University

by AIP Online Bureau | Jul 10, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Technology

  New Delhi: The Indian Council of Medical Research (ICMR) has proposed to conduct a clinical trial for 'randomised evaluation of Covid-19 therapy' along with the University of Oxford and an expression of intent for participation in it has been sought...

Kerala on alert after Zika outbreak; Centre rushes team

by AIP Online Bureau | Jul 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

  Thiruvananthapuram/Delhi : Kerala was put on alert on Friday following the outbreak of Zika virus in the state, while the Centre rushed a team of experts to monitor the situation and aid the state government in management of the cases after 13 new ones were...

Life insurers report 4% rise in new year premium in June at Rs 30,009 cr

by AIP Online Bureau | Jul 10, 2021 | Eco/Invest/Demography, Health, Indian News

New Delhi: The new premium income of life insurance companies rose nearly 4 per cent to Rs 30,009.48 crore in June this year, data from Irdai showed. All the life insurance companies had collected the first year or the new business premium income worth Rs 28,868.68...
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