by AIP Online Bureau | Oct 16, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Big reinsurers like Swiss Re and Munich Re, as well as some real-economy companies, have increasingly looked to cat bonds as they try to protect themselves from once-in-a-lifetime disasters. In July, Blackstone Inc. turned to cat bonds to shield property assets from...
by AIP Online Bureau | Oct 16, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
There are 56 at-risk glacial lakes in India and the urgency to monitor them was stepped up after Lhonak Lake in the eastern Himalayas burst its banks two weeks ago and caused widespread damage in Sikkim, a small mountainous state wedged between China, Nepal and Bhutan...
by AIP Online Bureau | Oct 16, 2023 | International News, Non-Life, Reinsurance, Technology
As new funding for the global insurtech sector continues to fall following the collapse of Silicon Valley Bank, Howden Ventures has initially committed £10m of new funding to the sector, with a view to support at least five new startups over the next two years London:...
by AIP Online Bureau | Oct 16, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy
The Indo-Pacific region is highly vulnerable to climate change, leading to adverse impact on marine fisheries. These effects range from the increased frequency of extreme weather events to the threats of flooding, erosion, and sea-level rise. P Krishnan, Director, Bay...
by AIP Online Bureau | Oct 15, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Going ahead, the trajectory of FPIs’ investments in India will be influenced not only by global inflation and interest rate dynamics but also by the developments and intensity of the Israel-Hamas conflict, Himanshu Srivastava, Associate Director – Manager...
by AIP Online Bureau | Oct 15, 2023 | Indian News, Life, Non-Life, Regulation
The RBI-appointed Administrator of debt-ridden Reliance Capital (RCAP) wrote to IIHL after Insurance Regulatory and Development Authority of India (Irdai) rejected IIHL’s proposal to raise funds for the RCAP acquisition by creating a pledge over the shares of...
by AIP Online Bureau | Oct 15, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News
Experts say the impact of a large-scale earthquake can be reduced if people and institutions strictly comply with the bylaws and codes to build resilient structures.They say the resonant frequency of a building can play a critical role in determining the level of...
by AIP Online Bureau | Oct 15, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Pension & Social Security, Policy
K Chandrasekhar Rao,BRS chief and Telangana Chief Minister 93 lakh families living below the poverty line (BPL) in the state would be provided life insurance cover of Rs five lakh and that the government would bear the cost of the premium. Social security pension,...
by AIP Online Bureau | Oct 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
According to rules, environment-friendly actions include tree plantation, water management, sustainable agriculture, waste management, air pollution reduction, mangrove conservation and restoration, ecomark label development, and sustainable building and...
by AIP Online Bureau | Oct 15, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
“But we need to do more. In Asia and the Pacific, home to many of the most climate-vulnerable countries, we will need to mobilize significant amounts of private sector finance to move from the billions to trillions required to cut greenhouse gas emissions and...
