by AIP Online Bureau | Jan 13, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management
“The quake’s epicentre was at a depth of 30 km in the Hyuganada Sea. Immediately following the quake, the agency issued a tsunami advisory for the coasts of Miyazaki and Kochi prefectures. Waves of 1 metre are being forecast. People in the vicinity are...
by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
A senior Indian bureaucrat told reporters that sanctioned vessels won’t be allowed to discharge. That excludes ships chartered before Jan. 10, provided they unload by March 12. Indian banks will demand certificates of origin to ensure crude doesn’t come from...
by AIP Online Bureau | Jan 13, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
“By combining our CAT risk models with CAPE’s AI-powered property risk intelligence, we will provide our customers with the most advanced property risk analytics available in the industry, enhancing insights and decision-making across the insurance lifecycle,” said...
by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement further demonstrates Miller’s commitment to the Asian market, which remains a cornerstone of our ambitious international growth objectives London: Miller, an independent specialist (re)insurance...
by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
While organisations in Asia race to adopt new technologies such as generative AI, a basic understanding is needed of the immediate, mid-term and long-term implications of these technologies for their cyber-resilience posture. Simply having a cyber insurance policy in...