by AIP Online Bureau | Aug 11, 2025 | Indian News, Intermediaries, Reinsurance
The exact details of the deal has not been disclosed by either parties. UIB Group had a miniority stake in the Indian insurance broker with Indorama SPL Group and Lucas & Mayo Group as majority shareholders Mumbai: UK based UIB Group, one of the largest...
by AIP Online Bureau | Aug 11, 2025 | International News, Reinsurance, Risk Management, Workplace/Employee Benefits
The sexual molestation liability (SML) product will also cover related legal costs and damages or settlements resulting from claims made during the policy term. In addition, SML clients will benefit from the services of global specialist risk consultancy, Control...
by AIP Online Bureau | Aug 11, 2025 | Climate, Environment, Renewable Energy, International News, Risk Management, Technology
The “massive and unforeseen” presence of jellyfish in the filter drums of pumping stations closed four out of six reactors at Gravelines on the north coast of France, EDF said in a statement on Monday. Pumping stations for coastal nuclear plants usually draw in sea...
by AIP Online Bureau | Aug 11, 2025 | Intermediaries, International News, Risk Management, Technology
The airline said the “significant growth” in customers using power banks in recent years has led to a rising number of lithium battery-related incidents during flight across the industry. Emirates will ban the use of power banks aboard its flights and only allow...
by AIP Online Bureau | Aug 11, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
The law, approved by Nigeria’s President Bola Tinubu, which makes insurance for property and other assets mandatory. encourages digitization and the creation of dedicated policyholder protection funds, is expected to transform the insurance industry in Africa’s most...
