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More reinsurers will enter the Cyber Market in 2024, predicts New CyberCube Report

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

While there will be an increase in the frequency of cyber attacks fueled by the proliferation of Artificial Intelligence (AI), the insurance sector will work more closely with SMEs to address their needs. LONDON: Traditional reinsurance companies will start offering...

Miller continues reinsurance growth with appointment of Chris Board

by AIP Online Bureau | Dec 18, 2023 | Briefs, Non-Life, Reinsurance

Miller, a specialist (re)insurance broker, has appointed Chris Board to its reinsurance team. He will initially be based in Bermuda and report to Charlie Simpson, Head of Bermuda. Chris’ appointment is part of Miller’s strategic reinsurance build out and follows a...
Lloyd’s of London extends lease on iconic building until 2035

Lloyd’s of London extends lease on iconic building until 2035

by AIP Online Bureau | Dec 18, 2023 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits

The deal with landlord Ping An Insurance Group, which came together on Friday, not only grants Lloyd’s an option to stay in the Richard Rogers-designed high-rise until 2040, but also involves a commitment to invest in reducing the Grade I-listed building’s energy...

Rising Covid cases: Health Ministry asks states to maintain ‘constant vigil’

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, Health, Policy, Risk Management

Looking at the upcoming festive season, the Union Health Secretary advised the states to put in place requisite public health measures and other arrangements to minimise risk of increase in transmission of the disease by adherence to maintenance of respiratory hygiene...

Britain’s National Grid drops China-based supplier over cyber security fears – FT

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Policy, Risk Management

The decision came in April after the utility sought advice from the National Cyber Security Centre, a branch of the nation’s signals intelligence agency GCHQ, the newspaper quoted a Whitehall official as saying Britain’s National Grid has started removing components...
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