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Howden appoints Mike Baker as Chief Client Officer in Asia

by AIP Online Bureau | Jan 29, 2024 | Briefs, Intermediaries, Non-Life, Reinsurance, Risk Management

Howden today announced the appointment of Mike Baker as Chief Client Officer in Howden Asia with immediate effect.Baker will be based in Singapore and will report to Goh Chye Huat, CEO, Howden Asia. Baker’s role is to further develop with complex risk requirements...

Germany is launching a six-month trial of 4-day work week from Feb 1

by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, Health, International News, Policy, Workplace/Employee Benefits

A six-month programme starting from Feb 1 will grant a day off every week for hundreds of employees while keeping them on full pay. The study aims to find out if labour unions are right that it could not only leave staff healthier and happier, but also more...

Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails

by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, International News, Risk Management

China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to China’s slowing economic growth Hong Kong: A Hong Kong...

GenAI to contribute $100 bn in healthcare savings in Asia-Pacific by 2025

by AIP Online Bureau | Jan 29, 2024 | Data, Eco/Invest/Demography, Health, Technology

“With the advent of GenAI and the need for consumerization of care, the next five years are set to be the defining period for the healthcare sector, and we are currently at the starting point of this exciting journey,” said Manoj Vallikkat, senior research manager,...

Red Sea route accounts for 50% India’s exports, 30% of imports: Report

by AIP Online Bureau | Jan 28, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The Shanghai Northern Europe container freight rates have risen by over 300 per cent to USD 6,000-7,000/TEU) since November 2023 The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30...
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