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Philips to pay at least $479 million for Apnea machine cases

by AIP Online Bureau | Sep 8, 2023 | Health, International News, Risk Management

The machines are designed to force extra air down users’ throats to treat obstructive apnea – an ailment that interferes with proper sleep and can cause fatal heart problems. U.S. Food and Drug Administration officials have said they’ve linked 385 deaths to...

Constructive collaborations and client centricity will be key to successful negotiations

by AIP Online Bureau | Sep 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The rebound in the ILS market in 2023 has seen it now contributing a record $100 billion in risk transfer capacity, thereby acting as a key supply-side driver in the property catastrophe space. Within the ILS sector, catastrophe bond issuance set a 1H record, having...

HC refuses to restrain use of PolicyBazaar trade marks on Google AdWords

by AIP Online Bureau | Sep 8, 2023 | Indian News, Intermediaries

The court, in its interim order, said the suits were based on the allegations of mere use of the registered trademarks of Policybazaar as key words by the defendants in the AdWords Program and the mere appearance of the websites of the defendants as advertisements or...
Global crypto regulations focus at G20 summit

Global crypto regulations focus at G20 summit

by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

Regulations are expected to help investors harness the potential benefits of crypto-assets while mitigating associated risks by addressing security, consumer protection, financial stability and international cooperation issues Kualalumpur: Ongoing crypto market...
Global fears are feeding demand for re/insurance: Lloyd’s CEO

Global fears are feeding demand for re/insurance: Lloyd’s CEO

by AIP Online Bureau | Sep 7, 2023 | International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits

John Neal,Chief Executive Officer,Lloyd’s of London Rising inflation, recession worries, climate threats and geopolitical tensions are making individuals and businesses more wary of risks, according to the head of the insurance exchange. While in a normal year...
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