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Weak El Nino conditions prevailing over the equatorial Pacific region: IMD

by AIP Online Bureau | Sep 16, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

El Nino, characterised by elevated ocean surface temperatures in the central and eastern Pacific, has the potential to trigger a range of extreme weather events, including wildfires, tropical cyclones, and prolonged droughts. This naturally occurring phenomenon is...

12 lakh affected by Assam floods this year: Minister

by AIP Online Bureau | Sep 15, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life

More than 23,000 houses in 3,335 villages in 109 revenue circles have been affected Guwahati: Over 12 lakh people have been affected by floods in Assam this year, Revenue and Disaster Management Minister Jogen Mohan said in the state assembly on Friday. He said the...

“More than one lakh Ayushman Cards made through Ayushman app in two days,” Mansukh Mandaviya

by AIP Online Bureau | Sep 15, 2023 | Eco/Invest/Demography, Health, Indian News

President Droupadi Murmu said the health services through the three components of Ayushman Bhav- Ayushman – Apke Dwar 3.0, Ayushman Melas at Health and Wellness Centres (HWC) and Community Health Clinics (CHC) and Ayushman Sabhas in every village and panchayat...

TikTok fined 345 million euros over handling of children’s data in Europe

by AIP Online Bureau | Sep 15, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

It is the first time ByteDance-owned TikTok has been reprimanded by the DPC, the lead regulator in the EU for many of the world’s top tech firms due to the location of their regional headquarters in Ireland Dublin: TikTok has been fined 345 million euros ($370...

Existing rules on mandatory insurance cover, helmets on 2-wheelers applicable to electric vehicles, HC

by AIP Online Bureau | Sep 15, 2023 | Indian News, Non-Life

“As the relevant provisions of the MV Act and Central Motor Vehicles (CMV) Rules are already applicable to EVs, specifically pertaining to mandatory insurance cover, wearing of headgear on two-wheelers and penal provisions for non-compliance of the provisions, this...

Earth’s warmest August saw 65 countries set record high temperatures: Report

by AIP Online Bureau | Sep 15, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with “particularly warm conditions” prevailing in parts of India, Japan, North Atlantic, Eastern...

SBI General appoints Jitendra Attra as CFO

by AIP Online Bureau | Sep 15, 2023 | Briefs, Non-Life

SBI General Insurance today announced the appointment of Jitendra Attra as its new chief financial officer (CFO). A chartered accountant, his extensive professional background over two decades includes key roles at Zuno General Insurance, Munich Re, SBI Life...

Chubb launches Lloyd’s Lithium Battery consortium

by AIP Online Bureau | Sep 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The consortium was created to address a lack of capacity in the marine cargo market for providing lithium battery transit and stock insurance. It provides a one-stop solution with limits up to $50 million for risk types associated with lithium batteries including...

Climate change undermining world’s SDG progress, science central to solutions: WMO report

by AIP Online Bureau | Sep 15, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

Ninety per cent of deaths and 60 per cent of economic losses from extreme weather events between 1970 and 2021 occurred in developing economies, severely undermining sustainable development, the report said Climate change is hugely undermining global efforts in...
AXA XL appoints Anthony Dagostino as global chief cyber underwriting officer for commercial lines

AXA XL appoints Anthony Dagostino as global chief cyber underwriting officer for commercial lines

by AIP Online Bureau | Sep 15, 2023 | International News, Non-Life, Reinsurance, Technology

Anthony Dagostino “Cybersecurity continues to be a top risk management concern for clients across AXA. Cyber is a strategic growth area for the group”Libby Benet, AXA XL’s chief underwriting officer New York: AXA XL today announced the appointment of Anthony...
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