by AIP Online Bureau | Oct 10, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Overall, Icosa Investments AG now sees insured losses in the range of $20 billion to $60 billion, meaning cat-bond investors look to be facing a maximum hit of 4%. On Wednesday, before Milton landed, Icosa warned that a direct hit to Tampa threatened to cause insured...
by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
“The Claims Tribunal had also failed to consider that on account of 100 per cent disability, the marriage prospects of claimant-appellant were substantially damaged and the claimant-appellant is subjected to frustration, disappointment, discomfort and...
by AIP Online Bureau | Oct 10, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
“Water is the canary in the coalmine of climate change. We receive distress signals in the form of increasingly extreme rainfall, floods and droughts which wreak a heavy toll on lives, ecosystems and economies,” said WMO Secretary-General Celeste Saulo, releasing the...
by AIP Online Bureau | Oct 10, 2024 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance
“Lloyd’s will continue to follow government policy and regulatory requirements globally, while remaining committed to support an urgent and orderly just transition and remain agile in response to external shocks,” the emailed statement said. London: The Lloyd’s of...
by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Insurance sources said on Thursday the war premiums had jumped around 30% this week to just over 1% of the value of the vessel from around 0.7% in early September, which would mean hundreds of thousands of dollars in extra costs A series of Russian missile strikes on...
