by AIP Online Bureau | Jun 23, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
It follows the proposals that Marsh McLennan has made to Ukrainian and G7 governments for the creation of a war risk insurance pool. This would be a multinational public-private partnership based on the existing terrorism insurance pools that currently operate in...
by AIP Online Bureau | Jun 23, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Rather than acknowledge the dangers of climate change, the lawsuit said the fossil fuel industry worked to undermine the scientific consensus around the problem “with pseudo-science, fabricated doubt, and a well-funded, sustained public relations campaign to promote...
by AIP Online Bureau | Jun 23, 2023 | International News, Risk Management, Technology
Sundar Pichai,CEO,Google Google CEO Sundar Pichai said the new initiative addresses both the rising number of cyberattacks up 38 per cent globally in 2022 and the lack of candidates trained to stop them. While many groups think there is nothing they can do against a...
by AIP Online Bureau | Jun 23, 2023 | Data, Eco/Invest/Demography, Health, Non-Life
Addressing racism and economic inequality will be important for controlling diabetes, a group of researchers from the US, Africa, India and Australia, wrote in a separate article in the same journal. People in low- and middle-income countries are more likely to suffer...
by AIP Online Bureau | Jun 23, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Risk Management
“We see again and again that climate change dramatically increases the frequency and intensity of heat waves, one of the deadliest weather events that exist. Our most recent World Weather Attribution (WWA) study has shown that this has been recognised in India, but...
by AIP Online Bureau | Jun 23, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
In the last 24 hours, the flood waters breached 10 embankments and damaged 3 other embankments, 92 roads, 3 bridges, several Anganwadi centres, irrigation canals, and culverts The ASDMA flood report also stated that 3,46,639 domestic animals have also affected due to...
by AIP Online Bureau | Jun 23, 2023 | International News, Regulation
Goel, 38, was convicted on Wednesday after a seven-day trial for tipping off former Barclays Plc trader Akshay Niranjan about deals at Goldman, yielding total illegal profits of approximately $280,000 Goel was convicted of four counts of securities fraud and one count...
by AIP Online Bureau | Jun 23, 2023 | Banking & Bancassurance, International News, Technology
FDIC Chairman Martin Gruenberg said in a speech the spring turmoil in the banking sector showed firms of that size pose a risk to the financial system and merit stricter oversight. Three banks failed during the spring, requiring regulators to step in and backstop...
by AIP Online Bureau | Jun 23, 2023 | International News, Non-Life, Risk Management, Technology
David Lochridge, OceanGate’s director of marine operations, wrote an engineering report in 2018 that said the craft under development needed more testing and that passengers might be endangered when it reached “extreme depths,” according to a lawsuit filed that year...
by AIP Online Bureau | Jun 23, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,Governor,Reserve Bank of India “Our job is only half done, having brought inflation within the target band (4-6 per cent). Our fight against inflation is not yet over,” the RBI Governor said at the latest monetary policy meeting held from...
