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Global study shows over half of Earth’s vital signs at record extremes

by AIP Online Bureau | Oct 25, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features

”Life on our planet is clearly under siege,” said co-lead author William Ripple, a distinguished professor at the Oregon State University, US New Delhi: A global team of scientists has shown in a new study that 20 of the Earth’s 35 vital signs have...
Detection and response tools increasingly important as cyber claims surge: Allianz

Detection and response tools increasingly important as cyber claims surge: Allianz

by AIP Online Bureau | Oct 25, 2023 | Eco/Invest/Demography, Features, Non-Life, Risk Management, Technology

Cyber breaches that are not detected and contained early can be as much as 1,000 times more expensive than those that are, the report highlights, with Allianz Commercial analysis showing that early detection and response can stop a €20,000 loss turning into a €20mn...

ANALYSIS-Time for central bank digital currencies to prove their worth

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology

“ECB is one of the biggest central banks, so if it comes up with answers to the privacy and cyber security issues and the ability to use it offline, it will be a very influential.”Josh Lipsky, who runs a global CBDC tracker at the Atlantic Council. A...

Anti-obesity drugs can be boost for food makers, investors say

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Features, Health

“Novo’s breakthrough can definitely lead to major changes – both for food and beverage companies, but also for other health-related stocks within the obesity industry,” said Kiran Aziz, head of responsible investments at Norway’s biggest...

Reinsurers stick to rule book, to pay only upto Rs 500 crore as claims for Rs 12,000 cr Teesta Hydro power project

by AIP Online Bureau | Oct 24, 2023 | Indian News, Non-Life, Reinsurance

“For Sikkim event, loss assessment is underway.  We do not expect it to be a major event based on initial information available,” said Hitesh Joshi, general manger, GIC Re to Asia Insurance Post “Our hands are tight, We will go by the rule book and the...
World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy

World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, International News, Policy, Risk Management

Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the world economy right now but other risks are also at play. The private sector investment is needed in developing economies but political risks in some of these countries remain...
Munich Re lifts target as lower-than-expected claims fuel profit

Munich Re lifts target as lower-than-expected claims fuel profit

by AIP Online Bureau | Oct 24, 2023 | International News, Non-Life, Reinsurance

Chief Executive Officer Joachim Wenning is in the midst of a five-year strategic plan that calls for earnings per share to increase at least 5% per year on average. He has shown willingness to discontinue businesses that no longer meet expectations in terms of prices...
India to surpass Japan to become 2nd largest eco in Asia by 2030: S&P Global

India to surpass Japan to become 2nd largest eco in Asia by 2030: S&P Global

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Indian News, Policy

India’s nominal GDP measured in USD terms is forecast to rise from USD 3.5 trillion in 2022 to USD 7.3 trillion by 2030. This rapid pace of economic expansion would result in the size of the Indian GDP exceeding Japanese GDP by 2030, making India the second largest...

World far off track on pledges to end deforestation by 2030 – report

by AIP Online Bureau | Oct 24, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Deforestation increased by 4% worldwide in 2022 compared with 2021, as some 66,000 square kilometers (25,000 square miles) were destroyed, the annual Forest Declaration Assessment report said. That means the world is 21% off track to end deforestation by 2030. The...
China crackdown on cyber scams in Southeast Asia nets thousands but leaves networks intact

China crackdown on cyber scams in Southeast Asia nets thousands but leaves networks intact

by AIP Online Bureau | Oct 23, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The problem is an embarrassment for Beijing and is discouraging ordinary Chinese from traveling to Southeast Asia out of fear they might be duped or kidnapped and caught up in a cyber scam operation. In recent years, media reports have uncovered instances of young...
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