by AIP Online Bureau | Aug 13, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Jean-Christophe Garaix, head of parametrics and agriculture at Liberty Mutual Reinsurance, said: “Parametric insurance is increasingly being used to support natural catastrophe events. We deliver sophisticated parametric solutions which help clients in their...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, Policy, Reinsurance
The Russian president further cautioned that any retaliatory action by Moscow would not be restricted exclusively to the maritime zones where Russian vessels might be detained. These remarks follow intensified efforts by the EU aimed at curbing Russia’s shadow...
by AIP Online Bureau | Aug 12, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
The 2022 drought resulted in €5.6 billion in direct and indirect costs, but this year’s heatwaves have been longer and more intense, with more extensive forest fires and a greater decline in agricultural production, French environment minister Monique Barbut said. The...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
AI data centers put particular strain on their power supply when they are training new models — a process that mobilizes all of the graphics processing units in unison. Like the digital equivalent of bees swarming or a school of fish changing direction, hundreds of...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation
“The idea is to benchmark treatment rates, agreed between insurers and hospitals, to reduce disputes and fraudulent claims,” said one of the sources. MUMBAI: The government is weighing wide-ranging reforms of health insurance, from benchmarked treatment...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life
The committee noted that households continue to face significant financial stress while accessing private healthcare, with average out-of-pocket expenditure per hospitalisation episode pegged at Rs 34,064. It also flagged medical inflation of 10-13 per cent and...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, International News
U.S. President Donald Trump on Monday responded to Iran’s conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the Strait...
by AIP Online Bureau | Aug 12, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
Minister of State for Home Affairs Nityanand Rai said assessments by weather experts, scientific institutions and state authorities indicate that climate change has increased the intensity and frequency of extreme rainfall events in the Himalayan region. New Delhi:...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Filed by states, municipalities, school districts and individuals, the lawsuits allege that social media companies intentionally addicted young users, contributing to surging depression, anxiety and body-image issues and a broader mental health crisis among American...
by AIP Online Bureau | Aug 12, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Built in 2001, it is part of the so-called shadow fleet of older oil tankers used by Russia which lack Western insurance cover and sail under the flags of various nations to obscure their true ownership. Leaking crude oil from a tanker grounded off a nature reserve in...
