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Climate change & Disaster Risk: Investing in Nature-based Solutions

Climate change & Disaster Risk: Investing in Nature-based Solutions

by AIP Online Bureau | Dec 9, 2022 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life

Nature-based solutions are defined by the UN Environnment Assembly resolution 5/5 as “actions to protect, conserve, restore, sustainably use and manage natural or modified terrestrial, freshwater, coastal and marine ecosystems which address social, economic and...
Swiss Re proposes new members to join its Board of Directors

Swiss Re proposes new members to join its Board of Directors

by AIP Online Bureau | Dec 9, 2022 | International News, Reinsurance

Swiss Re’s Chairman of the Board of Directors Sergio P. Ermotti said: “We are delighted to attract two outstanding professionals for election to our Board of Directors. Vanessa Lau and Pia Tischhauser bring strong expertise in financial services and proven...

JPC members oppose proposal to reduce penalty amount in data protection bill

by AIP Online Bureau | Dec 8, 2022 | Eco/Invest/Demography, Regulation, Technology

According to the bill, processing or transferring personal data in violation of the norms, is punishable with a fine of Rs 15 crore or 4 per cent of the annual turnover of the fiduciary, whichever is higher New Delhi: Several members of a parliamentary panel examining...
Govt makes 5 of IRDAI’s board decisions into regulations in less than  a fortnight

Govt makes 5 of IRDAI’s board decisions into regulations in less than a fortnight

by AIP Online Bureau | Dec 8, 2022 | Indian News, Intermediaries, Non-Life, Regulation

Industry observers said with the speed government has notified some of the IRDAI’s decisions shows its priority on the issue of penetration in the insurance sector. It is expected that the government may deal with the proposed amendments in the two Insurance...
Security arrangements in place to secure India’s nuclear power plant systems from cyber-attack

Security arrangements in place to secure India’s nuclear power plant systems from cyber-attack

by AIP Online Bureau | Dec 8, 2022 | Indian News, International News, Technology

Several measures have been taken to strengthen Information Security in administrative networks in nuclear power plants like, hardening of internet and administrative intranet connectivity, restriction on removable media, blocking of websites & IPs. New Delhi;...
Munich Re and Swiss Re back Bajaj Allianz General to launch first-ever surety bond for NHAI projects on Dec 19

Munich Re and Swiss Re back Bajaj Allianz General to launch first-ever surety bond for NHAI projects on Dec 19

by AIP Online Bureau | Dec 8, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“The surety bonds will help in boosting the liquidity in the infrastructure sector by freeing the contractors working capital stuck in bank guarantees. Contractors can utilise these funds for growth of their business,” said Nitin Gadkari, union minister,...
Govt may seek a private sector chief to lead LIC – sources

Govt may seek a private sector chief to lead LIC – sources

by AIP Online Bureau | Dec 8, 2022 | Indian News, Life, Policy

“The government is planning to broaden the eligibility criteria for appointment of LIC CEO so that private sector candidates can apply,” said one of the government officials, who declined to be identified as the discussions are private New Delhi: India...

Americans spend less after retirement age: Research

by AIP Online Bureau | Dec 8, 2022 | Facts, Pension & Social Security

“This research provides new insights about spending during traditional retirement years and should help households, policymakers and financial advisors better determine adequate saving rates during the working life and affordable spending levels during...

Deep depression intensifies into cyclonic storm Mandous, IMD alert for Tamil Nadu, Puducherry, AP

by AIP Online Bureau | Dec 8, 2022 | Eco/Invest/Demography, Indian News, Non-Life

“Light to moderate rainfall at most places with heavy to very heavy rainfall at a few places and extremely heavy rainfalls at isolated places very likely over north coastal Tamil Nadu, Puducherry and adjoining south Coastal Andhra and isolated very heavy...
Kerala govt releases revised action plan on climate change

Kerala govt releases revised action plan on climate change

by AIP Online Bureau | Dec 8, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy

Building disaster resilient infrastructure and strengthening institutional mechanisms for better disaster responses and raising incomes to bolster capabilities of individuals and communities to adapt to local impacts of climate change are important,” said Kerala...
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