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New Swiss rules set to overhaul $20 billion bond market

by AIP Online Bureau | Nov 7, 2023 | Eco/Invest/Demography, International News

There are nearly $20 billion of subordinated notes that Swiss insurers have been able to use as capital under a previous regime that will be grandfathered until the end of 2033, based on data compiled by Bloomberg. Swiss Re AG has kickstarted the process of dealing...

As devastated Acapulco rebuilds, other Mexico resorts urged to heed its lessons

by AIP Online Bureau | Nov 7, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

As Acapulco rebuilds after the deadly Category 5 hurricane, climate experts, architects, engineers and politicians recommended steps Mexico should take. These include tougher building standards, improving flood water management and enhancing storm detection to avoid...
Boeing says ‘cyber incident’ hit parts business after ransom threat

Boeing says ‘cyber incident’ hit parts business after ransom threat

by AIP Online Bureau | Nov 7, 2023 | International News, Risk Management, Technology

Lockbit was the most active global ransomware group last year based on the number of victims, and it has hit 1,700 U.S. organizations since 2020, according to the U.S. Cybersecurity and Infrastructure Security Agency (CISA) Boeing, one of the world’s largest defense...
Handhold patients under Aarogya Suraksha until complete cure: Andhra Pradesh CM

Handhold patients under Aarogya Suraksha until complete cure: Andhra Pradesh CM

by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography

Y S Jagan Mohan Reddy,Chief Minister,Andhra Pradesh The CM noted that officials are now equipped with the data of 6.4 crore rapid medical tests of people from 1.44 crore families While tracking them through the mobile app and mapping them with the referred hospitals,...

Fitch raises India”s medium-term growth estimate, cuts China”s

by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography, International News, Policy

Fitch made upward revisions to Brazil, India, Mexico, Indonesia, Poland and Turkey relative to its previous estimates. Fitch attributed the higher growth forecast for India to a swift recovery in labour force participation rates, following significant declines in 2020...
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