Different types of insurances available covering the risks faced by Solar Energy Firms :

A photovoltaic system, also solar PV power system, or PV system, is a power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to absorb and convert sunlight into electricity, a solar inverter to change the electric current from DC to AC, as well as mounting, cabling and other electrical accessories to set up a working system. It may also use a solar tracking system to improve the system’s overall performance and include an integrated battery solution, as prices for storage devices are expected to decline. Strictly speaking, a solar array only encompasses the ensemble of solar panels, the visible part of the PV system, and does not include all the other hardware, often summarized as balance of system (BOS). Moreover, PV systems convert light directly into electricity. PV systems range from small, rooftop-mounted or building-integrated systems with capacities from a few to several tens of kilowatts, to large utility-scale power stations of hundreds of megawatts. Nowadays, most PV systems are grid-connected, while off-grid or stand-alone systems only account for a small portion of the market.
Even though solar insurance products might not be standardized yet, demand for solar PV systems is increasing. In general, large require liability and property insurance.
Contract works : Protection against any loss arising from property damage caused during construction of the project. Cover starts while solar panel are in transit to the job site and ends once the job is completed or the owner accepts the work.
Property Damage : The solar system owner usually purchases property insurance to protect against risks nor covered by the warranty or to extend the coverage period. The insurance covers material damage due to external causes such as fire, theft, vandalism, sabotage, hail damage, snow load, lightning strike, overload, operational mistakes, clumsiness, negligence and theft
Machinery Breakdown : Electrical and or machinery breakdown of any machinery or other equipment resulting in costly repairs or even replacement of the solar panel.
Business Interruption : Cover for period of operational downtime i.e. covering the cash flow of the solar business as a result of an insured perils, for example, fire or storm damage, machinery breakdown or equipment failure.
General Liability Insurance : General liability insurance covers policyholders for death or injury to persons or damage to property owned by third parties. General liability coverage is important for solar systems installers, as risk is greatest during installation.
Employers Liability : Provides cover against the risk of accident from usual workplace risks such as working at height and manual handling.
Marine cover : Covers include Marine Transit for any loss of goods. GENERAL
Rating cut of RCap cos, Insurers run for cover :
The ratings downgrade of select instruments of two Reliance Capital group companies is threatening to spill over into the insurance sector with some insurers seeking regulatory forbearance on complying with investment norms.
People close to the development said some insurance companies, facing a breach in investments norms under unit-linked plans and group and annuity funds, have asked Insurance Regulatory and Development Authority of India (IDA) for extra time to company with the rules. They have told the regulator that they need more than the stipulated three days to comply with the rule which says that not more than 5 per cent of their funds would be invested in companies with ratings of A+ and below. In UI-IP funds, a minimum 75 per cent of funds have to be invested in papers rated AAA and up to 25 per cent in AA+ papers. The sub-limit in the overall fund cannot be more than 5 per cent in A+ and below rated papers.
Due to the ratings downgrade there was a passive breach in one of our UI-IP funds, an insurance company executive reportedly said on condition of anonymity.
Talking about Good Food Habits Makes Kids Healthier :
Chatting about food habits with your children may encourage them to eat healthy, says a study. This may help them develop better and run faster. The study was published in the Journal of Nutrition Education and Behaviour.
The finds revealed that affirming statements were more effective at getting kids to make healthy food choices than serving them same kind of food repeatedly without any conversation.
Kids ate twice as much healthy food when they were told how it would benefit them as opposed to when they were given the good without contextual information about how beneficial it is to them.
Every child wants to be bigger, faster, able to jump higher, said study lead author Jane Lanigan, Associate Professor at Washington State University in the US.
Using these types of examples made the food more attractive to eat, Lanigan said.
Through the study, the researchers wanted to examine the utility and effectiveness of child-centred nutrition phrases (CCNPs) too.
Coronary heart disease is the leading cause of premature death and disability in India :
Coronary heart disease is the leading cause of premature death and disability in India, according to WHO reports. Two miilion cases of heart attacks occur in the country a year and the majority are young people. Kerala tops the list in this respect among all the states in India.
Typically, coronary heart disease (CHD) is characterized by a gradual building up of plaque (block) inside coronary arteries that supply oxygen-rich blood to the heart muscles (myocardium). When the plaque build-up reduces or totally blocks the flow of oxygen-rich blood to the heart muscles, the muscle cells starve and fail leading to chest pain and heart attack, said he participants of the conference.
Researchers develop a new tool with Al methods to predict a woman’s future risk of breast cancer.
Researchers have developed a new tool with advanced artificial intelligence (Al) methods to predict a woman’s future risk of breast cancer.
Indians most worried about terrorism, jobs and corruption, Survey :
Indian are most worried about terrorism, unemployment, and financial and political corruption, even as at least 73 percent of the countrymen are optimistic that the nation is headed in the right direction, according to a survey.
“What worries the world” is a monthly online survey of adults aged under 65 in 28 countries including India, China, France, Germany, Saudi Arabia, and the United States.
The Ipsos’ What worries the World Global Survey” observed that worries notwithstanding, India bucks the global trend of pessimism where 22 countries out of the 28 nations covered feel their country is on the wrong track. On the other hand, the global list of issues across the 28 markets surveyed is quite different in order, with financial and political corruption and poven,’ and social inequality tied at the top spot being the prime concerns, followed by unemployment, crime and violence, and healthcare.
Pulwama terror strike has propelled terrorism to the fore. It was way down in the pecking order in the past waves.
Mumbai Airport has more private jet departures than Dubai, Tokya city :
Mumbai airport has more private jet departures than Dubai, Tokyo city airport leads Dubai and Tokyo by a wide margin in private jet departures at around 1,516 outbound aircraft movements in 2018, which is 8.28 percent higher than the Guld city at 1,400 and 20 per cent over those in the Japanese capital at 1,202 finds a report.
It can be noted that Mumbai has been the world’s busiest single runway airport handling close to 1,000 flights a day for the third year in a row in 2018, after Gatwick near London, while the Dubai airport is the world’s largest aviation hub. The top rank is held by New York, thanks to the city being home to the world’s largest number of rich people, with 66,968 private jet departures in 2018, while Mumbai is ranked

146, according to a study on the travel trends of ultra high networth individuals by Knight Frank Friday.
The nation’s financial capital is home to the maximum number of the rich in the country.
Country-wise, North America has the highest number of active business jets at 13,685 followed by Europe, Russia and the CIS (ex-sovier republics) and Germany are the other top destinations, according to the study
The study finds that proximity and season are the key factors for the rich to choose their travel destinations. Accordingly, most Americans visit Canada or Mexico, while Australians head towards New Zealand.
Similarly June is the most favoured time for travel abroad for both the Americans and the French, while for the British it is April.
Maruti Suzuki will stop selling diesel powered vehicles from April 2020 :
Motown India is recalibrating its strategy through acquisitions, alliances, diversification, re-alignments and even market exists.
Amid technological progress, concern over fossil fuel emissions and global warming, the century-old internal combustion engine is facing an existential crisis and dirty fuel, diesel, is being abandoned as electric vehicles become the buzzword. Maruti Suzuki will stop selling diesel powered vehicles from April 2020, because the cost to meet new emission rules will widen their price difference with petrol-run vehicles, especially in the segments where the company operates in.
The nation’s largest carmaker sold nearly 400,000 diesel vehicles in the last fiscal year ended March 31 , accounting for 23% of its total sales volume. But demand for diesel vehicles in India has been has been declining since the country lifted control on diesel price in 2014, narrowing the fuel’s price difference with petrol.
While diesel is still cheaper and delivers more kilometers per litre, the higher cost required to make vehicles meet Bharat Stage VI emission rules will negate much of the advantages, more so in the small vehicle segments that are the bread and butter for Maruti Suzuki.
In Europe, where Euro VI standards are already in place, diesel vehicles sales are falling. The effect is expected to be more accentuated here as customers are more price sensitive, Maruti Suzuki, chairman RC Bhargava said. ,
Meanwhile, once booming sub-4 metre sedan market — unique to the Indian buyers — has bounced back in FY 19 to become the fastest growing sub segment in slowing Indian passenger vehicle market.
What worries the world is a monthly online survey of adults aged under 65 in 28 countries including India, China, France, Germany, Saudi Arabia, and the United States.
Indian are most worried about terrorism, unemployment, and financial and political corruption, even as at least 73 percent of the countrymen are optimistic that the nation is headed in the right direction, according to a survey.
The Ipsos’ What worries the World Global Survey” observed that worries notwithstanding, India bucks the global trend of pessimism where 22 countries out of the 28 nations covered feel their country is on the wrong track. On the other hand, the global list of issues across the 28 markets surveyed is quite different in order, with financial and political corruption and poverty and social inequality tied at the top spot being the prime concerns, followed by unemployment, crime and violence, and healthcare.
Pulwama terror strike has propelled terrorism to the fore. It was way down in the pecking order in the past waves. Terrorism is bothering Indians the most.
Likewise, lack of jobs is weighing on the minds of Indians and government needs to take the bull by the horns and actively needs to take the bull by the horns and actively needs to address job creation and tighten its stranglehold on terrorism, said Parijat Chakraborty, Service Line Leader, Ipsos Public Affairs, consumer experience and corporate reputation.
China inspires the most confidence about its national direction with at least nine in 10 chinese citizens saying that their country is moving in the right direction. Saudi Arabia is in second place, followed by India.