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ECB embeds climate risk to its supervisory approach on bank losses

ECB embeds climate risk to its supervisory approach on bank losses

by AIP Online Bureau | Jun 18, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation, Risk Management

The ECB is moving faster than other central banks in treating the fallout from climate change as a financial risk that has the potential to threaten bank solvency. That’s in contrast to the Federal Reserve, with Chair Jerome Powell recently stating that climate isn’t...
Israel-Iran Conflict: War risk insurance premiums for shipments to Israel spurt

Israel-Iran Conflict: War risk insurance premiums for shipments to Israel spurt

by AIP Online Bureau | Jun 18, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Individual underwriters will price risk and rates differently, but this will add tens of thousands of dollars of extra daily costs for every voyage War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between...
Term Insurance: Women’s preferred financial product

Term Insurance: Women’s preferred financial product

by AIP Online Bureau | Jun 18, 2025 | Articles, Eco/Invest/Demography, Life

Bajaj Allianz Life Women Term Survey highlights a significant shift in financial priorities – with children’s future, education expenses, and health surfacing as top concerns. Term insurance emerged as the preferred financial product for women to secure their...
Strengthen password update software question the unusual Google cybersecurity pro on online safety

Strengthen password update software question the unusual Google cybersecurity pro on online safety

by AIP Online Bureau | Jun 18, 2025 | Data, Risk Management, Technology

Heather Adkins, Vice President of Engineering, Google Security Reports show a significant surge in cyber fraud, with scammers leveraging advanced techniques like AI-generated content, deep fake videos, and voice cloning to create highly convincing fraudulent schemes....
AI plane crash: Insurers in a fix as both policyholders and nominees among dead

AI plane crash: Insurers in a fix as both policyholders and nominees among dead

by AIP Online Bureau | Jun 18, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance

There are instances of an entire family perishing or one of the spouses dying in the horrific June 12 crash of the London-bound plane, which claimed the lives of 241 persons on board and 29 on the ground Ahmedabad: Insurance companies are facing challenges in settling...
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