by AIP Online Bureau | Sep 19, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
According to re/insurance broker Gallagher Re’s estimate, insured losses are likely to range between EUR 2.0 – 3.0 billion (USD 2.2 – 3.3 billion) The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to...
by AIP Online Bureau | Sep 19, 2024 | International News, Risk Management, Technology
Deepa Kundur, professor of electrical and computer engineering at the University of Toronto, said she suspects it was a “supply chain deployment. In such an attack, the perpetrator would infiltrate the pager’s upstream supply chain to manufacture a critical component...
by AIP Online Bureau | Sep 19, 2024 | Eco/Invest/Demography, Pension & Social Security
Nirmala Sitharaman,Finance Minister NPS has generated 14 per cent, 9.1 per cent, and 8.8 per cent returns for investments in equity, corporate debt and G-Secs, respectively, Finance Minister Nirmala Sitharaman said New Delhi: Finance Minister Nirmala Sitharaman on...
by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
Fed Chair Jerome Powell Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range...
by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
“The Justice Department is committed to ensuring accountability for those responsible for the destruction of the Francis Scott Key Bridge, which resulted in the tragic deaths of six people and disrupted our country’s transportation and defense infrastructure,” said...
by AIP Online Bureau | Sep 18, 2024 | Climate, Environment, Renewable Energy, Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
“Floods, extreme temperatures, and cyclones have become more common and severe, causing widespread damage to infrastructure, loss of lives, and disruption of livelihoods, the country is increasingly exposed to man-made risks such as industrial accidents,...
by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management, Technology
The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a media report regarding the use of two flame retardant chemicals inside cars – – TDCIPP and TCEP – – which were carcinogenic New Delhi: The National Green...
by AIP Online Bureau | Sep 18, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation
The portal will act as a data repository of cybercrime, data sharing, crime mapping, data analytics, cooperation and coordination platform for the Law Enforcement Agencies across the country. The Ministry of Home Affairs aims to raise 5,000 cyber commandos in five...
by AIP Online Bureau | Sep 18, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The report said that there has also been no significant impact on India’s trade with Bangladesh going forward, while the effect will vary based on industry specific exposure. Kolkata: Leading research firm CRISIL Ratings said in its report that the recent...
by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
By using Russian insurers, Moscow can sell the oil above a $60 per barrel price cap that the Group of Seven (G7), the European Union and Australia imposed aiming to limit Russia’s oil revenue following its invasion of Ukraine. Over 60% of Russia’s seaborne...
