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More at risk of losing homes as climate change outpaces response, Fiji warns

by AIP Online Bureau | Feb 5, 2021 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Risk Management

By Megan Rowling Governments have made progress on understanding how people are forced from their homes by climate stresses and on preventing some of the worst impacts – but there is still far to go before communities are properly protected, top officials said...

U.N. chief names Michael Bloomberg climate envoy to rally action

by AIP Online Bureau | Feb 5, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

NEW YORK: U.N. Secretary-General Antonio Guterres reappointed former New York Mayor Michael Bloomberg as his special envoy on climate ambition and solutions on Friday “to mobilize stronger and more ambitious climate action” ahead of a global summit in...

Asian commercial insurance pricing up 11% in 4th Quarter:Marsh

by AIP Online Bureau | Feb 5, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Global commercial insurance pricing increased 22% in the fourth quarter of 2020, according to Marsh's quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the...

ICICI Lombard gets approval to open IFSC unit

by AIP Online Bureau | Feb 5, 2021 | Indian News, Non-Life, Reinsurance

Mumbai: Private non-life firm ICICI Lombard on Friday said it has received approval from international financial services centre (IFSC) to open an offshore insurance office in Gift City in Gandhinagar, making it the first private general insurer to do so. The offshore...

Property Cat Bond Placement reaches a record $ 11 billion in 2020: Aon report

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Chicago: There was a total of $ 11 billion of property cat bond limit placed, the highest on record in 2020 in comprasion with $ 5.4 billion placed in 2019. This represents a 104% increase year on year, exceeding annual maturities of $9 billion, according to a...
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