by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The move comes after Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance on Friday told shipowners that they would stop offering marine war insurance, which covers damage to ships from war in Russian waters, from Jan Industry...
by AIP Online Bureau | Dec 27, 2022 | Data, Eco/Invest/Demography
Cebr said in its annual World Economic League Table 2023 that over the next five years, the annual rate of GDP growth is expected to average 6.4 per cent, after which growth is expected to average 6.5 per cent in the subsequent nine years The Centre for Economics and...
by AIP Online Bureau | Dec 27, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Among the sectors, the billionaires favour energy, possibly due to today’s supply constraints and the accelerating secular transition to renewables ”This year’s report highlights how many of the wealthiest in society see it as their responsibility to lead the way,...
by AIP Online Bureau | Dec 27, 2022 | Health, Indian News, Non-Life, Pandemic
The regulator also urged insurers to ensure that empanelled hospitals are prohibited from taking deposit for COVID-19 hospitalisation, sources said, adding, some of the hospitals indulged in asking for deposit for COVID treatment during the first and second wave...
by AIP Online Bureau | Dec 26, 2022 | Climate, Environment, Renewable Energy, Facts
The study claims that by 2070, the Indian mangroves will reduce and shift by around 50 per cent, especially in southern India, due to decline in suitable habitats along the east and west coasts of India Lucknow: A research conducted by Birbal Sahni Institute of...
by AIP Online Bureau | Dec 25, 2022 | Eco/Invest/Demography, International News, Pandemic
“China has a population that is very large and there’s limited immunity. And that seems to be the setting in which we may see an explosion of a new variant,” said Dr. Stuart Campbell Ray, an infectious disease expert at Johns Hopkins University. Could the...
by AIP Online Bureau | Dec 25, 2022 | Data, Eco/Invest/Demography, Policy
“We are seeing the global economy slowing down next year. But there are downside risks to the speed of the slowdown, and it could be much sharper than what we expected in the report. This will affect India through trade and financial channels,” Choueiri...
by AIP Online Bureau | Dec 25, 2022 | Indian News, Non-Life, Technology
On the ‘right to repair’ portal, manufacturers will share the manual of product details with customers so that they can either repair by self, by third parties, rather than depend on original manufacturers. Initially, mobile phones, electronic, consumer...
by AIP Online Bureau | Dec 25, 2022 | Eco/Invest/Demography, Health, Pandemic, Wealth Management/ Philanthropy
‘Concerns about COVID spread in China is a sentiment negative and the strong economic data from the US indicate continuation of the hawkish stance of the Fed which is pushing bond yields up and equities down. Only reversal of this trend will trigger a rebound in...
by AIP Online Bureau | Dec 25, 2022 | Articles, Non-Life, Reinsurance, Risk Management, Technology
Lloyd’s recently announced a new policy to insure against losses stored on certain cryptocurrency wallets. Until the broader insurance market catches up with the rise of cryptocurrency and such insurance becomes more commonly used, most policyholders will need to look...
