by AIP Online Bureau | Nov 22, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
Under the new cybersecurity strategy, the government will take measures to better protect consumer data and improve coordination on preventing hacking attempts. O’Neil has committed to work with businesses to create a mandatory reporting structure for ransomware...
by AIP Online Bureau | Nov 22, 2023 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Financial watchdogs are stepping up scrutiny of insurers to monitor the developing risks as the industry retreats from markets deemed too risky to cover. BIS researchers are urging the industry, governments and regulators to work together to ensure there’s adequate...
by AIP Online Bureau | Nov 22, 2023 | Workplace/Employee Benefits
In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla, finding the initial $93 monthly premium “really reasonable.” Sixteen days later, as he drove along the Capital Beltway to his Maryland home, he...
by AIP Online Bureau | Nov 22, 2023 | Indian News, Non-Life, Reinsurance
Ramaswamy Narayanan, chairman and managing director, GIC Re The revision of the Long-Term ICR outlook to positive from negative reflects an improvement in AM Best’s view of GIC Re’s balance sheet strength and ERM fundamentals `With positive Credit Rating...
by AIP Online Bureau | Nov 22, 2023 | International News, Risk Management
Sony Interactive Entertainment (SIE) was sued last year on behalf of nearly 9 million people in the United Kingdom who had bought digital games or add-on content through Sony’s PlayStation Store. Alex Neill, a consumer advocate who has worked on previous...
