by AIP Online Bureau | Aug 23, 2023 | Eco/Invest/Demography, International News, Pension & Social Security, Policy, Workplace/Employee Benefits
The number of Australians aged 65 and over will double by 2063 but spending on public pensions will decline to 2% of GDP over the same period, from 2.3% today, thanks to the private pension system, according to excerpts from the “Intergenerational Report...
by AIP Online Bureau | Aug 23, 2023 | Data, Eco/Invest/Demography, Health
Obesity or high body mass index (BMI) was an important risk factor for osteoarthritis, the study results showed, and that it played a greater role over time as rates of obesity had increased NEW DELHI: By 2050, nearly one billion people globally are projected to be...
by AIP Online Bureau | Aug 23, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Michael Young, Vice President, Product Management, Moody’s RMS, noted: “When the rare situation of high wind and wildfire ignitions do occur again in the future, we need to be sure all the buildings comply with scientifically proven risk reduction features highlighted...
by AIP Online Bureau | Aug 23, 2023 | International News, Non-Life, Regulation
Ron Whyte, Head of Miller Asia, said: “Asia forms an important part of Miller’s international growth strategy and these new appointments provide us with greater focus as we continue to expand in the region” London: Miller, an independent specialist (re)insurance...
by AIP Online Bureau | Aug 23, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insurers have complained publicly about the risks of covering cargoes using the attestation system in recent months. There has also been a drop off in the number of ships calling at Russian ports with industry-standard insurance from members of the International Group...