by AIP Online Bureau | Mar 5, 2022 | International News, Risk Management, Technology
The Consumer Product Safety Commission (CPSC) in the US said in a statement that at least 115 people in the US — and 59 globally — have reported an overheating battery on the device. There were 118 reports of burns, with two reports of third-degree burns...
by AIP Online Bureau | Mar 5, 2022 | International News, Non-Life, Reinsurance
Since Russia’s invasion of Ukraine, hundreds of tankers and bulk carriers have been diverted away from the Black Sea, while dozens more have been stranded at ports and at sea unable to unload their valuable cargoes Only a small handful of Russia’s 2,000...
by AIP Online Bureau | Mar 5, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
DIPAM Secretary Tuhin Kanta Pandey said that while the government’s desire is to come out with the Initial Public Offer (IPO) of the state-owned life insurer in the current fiscal, it is a ”dynamic situation’. New Delhi: The government will take a...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance
Europe’s No 3 insurer said its exposure to the Russian market in terms of investments and insurance business was under constant evaluation. The moves come as Western countries seek to distance themselves from Russian business after President Vladimir Putin...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance, Risk Management
MOSCOW: Russia’s central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against international sanctions, to 300 billion roubles ($3.08 billion) from 71 billion...
