by AIP Online Bureau | Nov 21, 2021 | Workplace/Employee Benefits
Foreign Minister Marise Payne said blocs like the Quad group – the United States, India, Japan and Australia – and global bodies like the United Nations were already working to strike a balance between harmful content and free expression online. SYDNEY:...
by AIP Online Bureau | Nov 21, 2021 | Intermediaries, International News, Non-Life, Reinsurance
The announcement comes months after a pushback from U.S. regulators forced Willis and Aon to call off their $30 billion merger that would have created the world’s largest insurance broker, topping current leader Marsh & McLennan Companies Inc . London: Willis...
by AIP Online Bureau | Nov 21, 2021 | International News, Life, Policy, Regulation
The Australian Securities and Investments Commission (ASIC) has accused MLC, a part of Nippon Life Insurance, Japan’s biggest insurer, of service failures resulting from poor systems and controls over a period from 1999 to 2020, which caused financial harm to over...
by AIP Online Bureau | Nov 21, 2021 | International News, Life, Policy
Many foreign financial institutions are looking to expand their onshore presence in China, taking advantage of a relaxation of ownership restrictions for foreign players in the asset management, insurance and securities broking sectors. Allianz said on Wednesday that...
by AIP Online Bureau | Nov 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
South Africa relies on coal for more than 80% of its power and is the world’s 12th-biggest source of greenhouse gases. South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction of new...