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Australia’s Suncorp to phase out exposure to thermal coal by 2025

by AIP Online Bureau | Jul 26, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

MELBOURNE:  Australian insurer Suncorp Group Ltd said on Friday it was no longer underwriting insurance for new thermal coal mines or power plants and it will phase out all exposure by 2025 as part of its responsible investment policy.   Suncorp has...

U.S. judge cuts $2 billion verdict against Bayer to $86 million

by AIP Online Bureau | Jul 26, 2019 | International News, Non-Life

  A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer Roundup for their cancer to $86.7 million.Superior Court Judge Winifred Smith of the California Superior...

India has received satellite data on flood-hit regions from 8 nations: MEA

by AIP Online Bureau | Jul 26, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: India has received satellite data on its flood-hit regions from eight nations, including the US, China and Russia, as part of a multilateral mechanism for sharing space-based data for countries affected by natural or man-made disasters, the External...

RIMS and Tata AIG team up for global risk management education opportunity

by AIP Online Bureau | Jul 25, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New York: RIMS, the Risk Management Society®, and Tata AIG General Insurance Company Limited (‘Tata AIG’) have agreed to jointly develop a RIMS-CRMP Certification prep course to be administered by the Tata AIG Academy, learning wing of Tata AIG...

Air passenger traffic on an annual basis is expected to touch 1 billion

by AIP Online Bureau | Jul 25, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: India's civil aviation sector is experiencing dynamic growth and air passenger traffic on an annual basis is expected to touch 1 billion in the coming years, Union minister Hardeep Singh Puri said.   On Thursday, the civil aviation minister...

Government working on e-passports: Jaishankar 

by AIP Online Bureau | Jul 25, 2019 | Eco/Invest/Demography, Indian News

  NEW DELHI: External Affairs Minister S Jaishankar on Thursday said the government was working on introduction of e-passports and aims to issue 22 million in the first phase.  he Ministry has plans to issue chip-enabled e-passports to citizens with advanced...

US home insurance leader Hippo Insurance raises $100 million

by AIP Online Bureau | Jul 25, 2019 | International News, Non-Life, Technology

  PALO ALTO, Calif: Hippo, the high growth insurtech company that’s transforming the home insurance market, today announced a $100 million Series D funding round led by Bond, the global technology investment firm founded by Mary Meeker, Mood Rowghani, Noah...

Europe faces heatwave with London and Paris expected to break July records

by AIP Online Bureau | Jul 25, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Europe is facing a second heatwave this summer, just weeks after the hottest June on record, intensifying concern over climate change and the rise in extreme weather events.   Swathes of northwest Europe will struggle to remain cool as a blast of hot air from the...

AIG appoints first chief sustainability officer

by AIP Online Bureau | Jul 25, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

NEW YORK: American International Group, Inc. today announced that it has created a position of Chief Sustainability Officer to lead the development and implementation of a company-wide sustainability strategy and appointed Jennifer Waldner to fill the role, effective...

12.66 lakh new jobs created in May: ESIC payroll data

by AIP Online Bureau | Jul 25, 2019 | Data, Eco/Invest/Demography, Pension & Social Security

Around 12.66 lakh jobs were created in May, a tad higher than 11.15 lakh jobs in April this year, the Employees' State Insurance Corporation (ESIC) payroll data showed. Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report...
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