by AIP Online Bureau | Dec 14, 2023 | Eco/Invest/Demography, Indian News, Regulation
According to a draft released Wednesday, the Insurance Regulatory and Development Authority has proposed a much higher surrender value on non-par insurance products and made a few changes in the way surrender charges have been calculated. Now, there will be a premium...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, International News, Regulation
Tesla said in a recall filing that Autopilot’s software system controls “may not be sufficient to prevent driver misuse” and could increase the risk of a crash. Tesla is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced...
by AIP Online Bureau | Dec 13, 2023 | International News, Non-Life, Reinsurance, Risk Management
War risk premiums have risen this week to between 0.1%-0.15% to 0.2% of the value of a ship, from 0.07% last week, according to market estimates on Tuesday. While various discounts would be applied, this still translates into tens of thousands of dollars of additional...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
Hedge funds making use of algorithms to catch market trends, or commodity trading advisers saw $13.1 billion of net cash inflows, Preqin said. Niche strategies, which make up 2% of the industry (by assets), saw a net $11 billion in inflows during the same time frame,...
by AIP Online Bureau | Dec 13, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
The researchers describe this worst-case scenario in terms of governments moving late, or unexpectedly, to impose taxes on carbon emissions. Those abrupt moves would drive an inflation-fueling price shock that would see interest rates rise, impacting the net-asset...
