by AIP Online Bureau | Jan 12, 2023 | Health, Indian News, Risk Management
On December 22, Uzbekistan alleged that 18 children had died after consuming medicines manufactured by Marion Biotech company. On Tuesday, Uttar Pradesh Food Safety and Drug Administration department suspended the production licence of Marion Biotech company linked to...
by AIP Online Bureau | Jan 12, 2023 | Indian News, Risk Management, Technology
“Objects continue to fall on earth because there is a gravitational pull. That’s one aspect of the space debris that is coming back and impacting earth and other places but we are looking at much more than that – what will happen to space when we send more satellites...
by AIP Online Bureau | Jan 11, 2023 | Disaster & Management, Eco/Invest/Demography, International News
The increasing threat of losses from disasters make issuing new cat bonds all the more important for the insurance industry, but it might be difficult to find enough investors.Margins on new issuances of catastrophe bonds covering US wind events are now at the highest...
by AIP Online Bureau | Jan 11, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy
“The rapid crystallization of climate change-related risks have highlighted the need for rapid decarbonisation and scaling up of adaptation finance, bringing longer-term environmental risks into sharper relief,” Rebecca Karnovitz, vice president – senior credit...
by AIP Online Bureau | Jan 11, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management
The interplay between climate change impacts, biodiversity loss, food security and natural resource consumption is a dangerous cocktail,” said John Scott, head of Sustainability Risk at Zurich Insurance Group, which partnered on the report with risk strategy group...
by AIP Online Bureau | Jan 11, 2023 | Indian News, Technology
An official at Air India, which operates direct flights to five American cities, said there could be some delays for its flights from the US due to possible runway congestion. Hundreds of flights across the US were grounded early morning on Wednesday following a...
by AIP Online Bureau | Jan 11, 2023 | Climate, Environment, Renewable Energy, Technology
“Our fleet of more than 700 EV buses, operating across 9 Indian cities have cumulatively covered more than 60 million kilometers. This represents a potential to reduce our 60,000 tonnes of Carbon emission, once the entire grid is carbonized,” he said. New...
by AIP Online Bureau | Jan 11, 2023 | International News, Non-Life, Risk Management, Technology
The cause of the problem with a pilot-alerting system, which delayed thousands of flights in the United States, was unclear, but U.S. officials said they had so far found no evidence of a cyberattack. Washington DC: U.S. flights were slowly resuming departures and a...
by AIP Online Bureau | Jan 11, 2023 | Indian News, Non-Life
On the central government’s initiative, AIC had last week said it has settled partial claims amounting to Rs 311 crore under the Pradhan Mantri Fasal Bima Yojana (PMFBY). ”Following the review meeting held today, the insurance company will pay an...
by AIP Online Bureau | Jan 10, 2023 | Facts, Health, Pension & Social Security, Policy
With a higher life expectancy and a decline in fertility in developing countries, the elderly population has become the most significant demographic source in Asia and Latin America, generating an urgent need for new, sustainable pension systems Study finds how...
