by AIP Online Bureau | Jul 2, 2019 | Indian News, Risk Management
Indian aviation regulator DGCA Tuesday issued safety directions to airlines in the wake of multiple incidents of planes overshooting runways while operating amidst bad weather conditions. In a circular, the DGCA said, "Aircraft operations during monsoon...
by AIP Online Bureau | Jul 2, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life
MUMBAI: Mumbai was Tuesday paralaysed by incessant rain, which left many parts of the financial capital waterlogged and 21 dead in a wall collapse in the city. Fourteen persons died in rest of Maharashtra in rain- related incidents in the last 24...
by AIP Online Bureau | Jul 2, 2019 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: Ola's electric vehicle arm, Ola Electric Mobility has secured a funding of over Rs 1,725 crore (about $250 million) from SoftBank, according to regulatory documents. With this latest infusion, Ola Electric Mobility (OEM) has joined the list...
by AIP Online Bureau | Jul 2, 2019 | International News, Non-Life, Reinsurance, Risk Management, Technology
BOSTON: Catastrophe modeling firm AIR Worldwide today announced that it has published its Catastrophe Exposure Data Exchange (CEDETM) database schema publicly, to facilitate accurate and transparent data exchange throughout the insurance value chain more...
by AIP Online Bureau | Jul 2, 2019 | International News, Non-Life, Reinsurance
London: Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re, the reinsurance division of...
by AIP Online Bureau | Jul 2, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
New York: India is projected to lose 5.8 per cent of working hours in 2030, a productivity loss equivalent to 34 million full-time jobs, due to global warming, particularly impacting agriculture and construction sectors, a report by the UN labour agency...
by AIP Online Bureau | Jun 30, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across industries Press Trust of India | New Delhi The upcoming Budget may hike the tax exemption limit for...
by AIP Online Bureau | Jun 30, 2019 | Eco/Invest/Demography, Indian News
Mumbai: Foreign investors infused a net amount of Rs 10,384 crore into the Indian capital markets in June and remained net buyers for the fifth month in a row on expectations of continued economic reforms. Foreign portfolio investors (FPI) invested a net...
by AIP Online Bureau | Jun 30, 2019 | Health, Indian News
NEW DELHI: India's health ministry has asked all state governments in the country not to partner with the Foundation for a Smoke-Free World (FSFW) because of its links to tobacco giant Philip Morris International Inc, a letter seen by Reuters showed. ...
by AIP Online Bureau | Jun 30, 2019 | International News, Non-Life
NEW YORK: American International Group, Inc. announced that Shane Fitzsimons will join the company as Global Head of Shared Services, effective July 1. The Global Head of Shared Services is a newly created role at AIG that establishes a single point of...
