by AIP Online Bureau | Nov 29, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Long Walk Reinsurance Ltd. issued a $75 million so-called cat bond, sponsored by AXIS Capital, to insure against “a cyber-catastrophe event” across its main underwriting units, the Bermuda-based firm said Tuesday. “We expect this transaction will serve as a template...
by AIP Online Bureau | Nov 29, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Regulation
Though as early as July, the government had advertised for two posts of members- `Finance and Investment’ and `Actuary’ at the Irdai, no body has been selected for these posts as yet Hyderabad: Even as the government is yet to make any new appointments to...
by AIP Online Bureau | Nov 29, 2023 | Indian News, Life
(Lto R) M Jagannath, MD, LIC and Siddhartha Mohanty,chairperson, LIC at the launching ceremony of corporation’s new product Jeevan Utsav Siddhartha Mohanty,chairman, IRDAI had said the new product is poised to disrupt the market and that there is a widespread...
by AIP Online Bureau | Nov 29, 2023 | International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy
Ajit Jain,Vice Chairman, Insurance Operations, Berkshire Hathaway Charlie Munger’s death, on Tuesday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Warren...
by AIP Online Bureau | Nov 29, 2023 | Facts, Risk Management, Technology
“During intense solar storms, the Earth’s upper atmosphere expands outwards, thereby introducing friction on the low-Earth satellites. The friction can lead to a decay in the satellites’ orbits and reduce their lifetime. Thus, they are able to live...
