by AIP Online Bureau | Mar 27, 2024 | International News, Non-Life, Reinsurance, Risk Management
A key to determining any insurance claims will be proving whether the accident was caused by negligence, and if so by whom, or mechanical failure, according to Bloomberg Intelligence. The ship is insured by the Britannia Protection and Indemnity Club, which is a...
by AIP Online Bureau | Mar 27, 2024 | International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
The probe — aimed partly at determining what the companies may have known but didn’t disclose — follows a landmark lawsuit the SEC filed in October against SolarWinds Corp., claiming it failed to maintain adequate controls and defrauded investors by downplaying...
by AIP Online Bureau | Mar 27, 2024 | International News, Non-Life, Reinsurance
“A criminal investigation can be a lengthy undertaking, and, for several reasons, we cannot tell you about its progress at this time. A victim of a federal crime is entitled to receive certain services,” the letter stated. The Federal Bureau of Investigation(FBI) has...
by AIP Online Bureau | Mar 27, 2024 | International News, Non-Life, Reinsurance, Risk Management
“The creation of a dedicated cyber and digital business unit allows us to create consistency and the best possible capacity for our clients and business partners.For insurtechs and many clients seeking cyber risk protection, we are already the trusted reinsurance...
by AIP Online Bureau | Mar 27, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Moses Ojeisekhoba, Swiss Re’s CEO Global Clients & Solutions, says: “As weather hazards intensify due to climate change, risk assessment and insurance premiums need to keep up with the fast-evolving risk landscape. Looking ahead, we must focus on...
