by AIP Online Bureau | May 25, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The increased activity anticipated this hurricane season is attributed to several climate factors, including the ongoing La Niña that is likely to persist throughout the hurricane season, warmer-than-average sea surface temperatures in the Atlantic Ocean and Caribbean...
by AIP Online Bureau | May 25, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy
The bond has a coupon of 5.875% and matures in 2042 Christoph Jurecka,CFO, Munich Re said,“ In structuring this bond as a green bond, we are the first European insurer to break such new ground in this market segment. At the same time, the green bond supports the...
by AIP Online Bureau | May 25, 2022 | Eco/Invest/Demography, International News, Policy, Reinsurance, Risk Management
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say, to avoid breaching sanctions imposed in the wake of Moscow’s invasion of Ukraine. Even non-Russian...
by AIP Online Bureau | May 25, 2022 | International News, Risk Management
Alameda County Superior Court Judge Stephen Kaus ruled Monday that the female worker who filed the complaint can proceed in court — even though she signed an arbitration agreement giving up her right to sue. Tesla has come under fire from shareholder activists who...
by AIP Online Bureau | May 25, 2022 | Indian News, Non-Life, Wealth Management/ Philanthropy
Digit was valued at close to $4 billion earlier this month when it raised a tranche of funding. It has so far raised more than $400 million from Sequoia Capital, A91 Partners and Faering Capital, besides Fairfax MUMBAI: India’s Digit Insurance, backed by...
