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Siberian temperatures hit June record, fires spread: EU data

by AIP Online Bureau | Jul 8, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  GENEVA/MOSCOW: Temperatures in Arctic Siberia soared to a record average for June amid a heat wave that is stoking some of the worst wildfires the region has ever known, European Union (EU) data showed on Tuesday. Global temperatures last month were on par with...

Beazley launches booking system for virtual broker meetings

by AIP Online Bureau | Jul 8, 2020 | Eco/Invest/Demography, Facts, Intermediaries, Pandemic, Technology

London,  Specialist insurer Beazley has launched an online booking system to make it easier and quicker for brokers to arrange virtual appointments and share relevant documentation securely with underwriters. Built in collaboration with Microsoft and IT...

As insurers face hefty pandemic losses,newcomers see chance to step in

by AIP Online Bureau | Jul 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance

  London: Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new lines. New insurance...

Australian Bushfires cause insured Losses of S$1.3B: PERILS

by AIP Online Bureau | Jul 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life

   Insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion...

Covid 19 Pandemic:Generali launches a new system for remote facility inspection for large companies

by AIP Online Bureau | Jul 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

  Madrid: Generali’s P&C unit Global Corporate & Commercial (GC&C) Iberia & LatAm has developed a new system for remote facility inspection to address the consequences of COVID-19 and to provide value-added solutions for its corporate...

Masks,disinfectant,social distancing:Japan responds to disaster amid coronavirus

by AIP Online Bureau | Jul 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

Yatsushiro, JAPAN: Boxes of surgical masks, bottles of disinfectant and a sign saying “Please wear a mask” mark the entrance to a public gym in Yatsushiro city, a shelter for residents fleeing devastating floods in southwestern Japan this week. Elsewhere...

India arrests South Korean CEO,11 others for gas leak at LG Polymers

by AIP Online Bureau | Jul 8, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

CHENNAI: Indian police have arrested 12 LG Polymers officials, including its South Korean Chief Executive Sunkey Jeong, an officer said on Wednesday, two months after a gas leak at the company’s south Indian chemical plant killed 12. Municipal workers...

Cars, a cocktail and a celebrity: South Koreans succumb to Tesla fever

by AIP Online Bureau | Jul 8, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Non-Life, Technology, Trends, Facts

  SEOUL: From an eponymous cocktail to eager buyers following the shipping routes of long-awaited cars, Tesla Inc is having a moment in South Korea, particularly among tech-savvy professionals.Kang Sung-mo, who runs an advertising production agency in Seoul, is a...

COVID-19 pandemic plunges working world into crisis – ILO

by AIP Online Bureau | Jul 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

  GENEVA: Global leaders called for a comprehensive approach to counter the impact of the coronavirus pandemic, which International Labour Organization chief Guy Ryder said on Wednesday had plunged the world of work into “unprecedented crisis”....

Climate battles are moving into the courtroom, and lawyers are getting creative

by AIP Online Bureau | Jul 8, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts, Risk Management

  LONDON/WASHINGTON/GENEVA: Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding action. And they are getting creative —...
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