by AIP Online Bureau | Mar 17, 2022 | Climate, Environment, Renewable Energy, International News
The ClientEarth lawyers said they are seeking to hold the directors personally liable for what they consider to be a failure to adequately prepare for the global shift to a low-carbon economy, claiming an alleged breach of the directors’ duties under the UK Companies...
by AIP Online Bureau | Mar 17, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy
The report also said big developing countries like India and China, which in 2018 accounted for 42% of all emissions, “will dominate the uncertainty” in climate progress with their emissions growing faster in coming years than emissions are reduced elsewhere...
by AIP Online Bureau | Mar 17, 2022 | International News, Non-Life, Reinsurance
The strong increase in earnings in 2021 allows reinsurers to overcompensate for a rise in excess mortality losses linked to Covid-19, above-average natural catastrophe claims and a lower investment income Paris/Frankfurt: The four major European reinsurers – Hannover...
by AIP Online Bureau | Mar 17, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We estimate that global reinsurers’ coverage of risks in Russia typically accounts for less than 2% of their gross written premiums (GWP). The exposure is mostly from specialty lines, such as energy, marine and aviation, typically written through Lloyd’s of...
by AIP Online Bureau | Mar 17, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Tokyo Electric Power Co. said more than 2 million buildings, including around 700,000 in Tokyo, lost power. No irregularities have been found at its Dai-ni nuclear power plant in Fukushima, while the Dai-ichi plant is still being checked, Chief Cabinet Secretary...
