by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, International News, Regulation
Tesla said in a recall filing that Autopilot’s software system controls “may not be sufficient to prevent driver misuse” and could increase the risk of a crash. Tesla is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced...
by AIP Online Bureau | Dec 13, 2023 | International News, Non-Life, Reinsurance, Risk Management
War risk premiums have risen this week to between 0.1%-0.15% to 0.2% of the value of a ship, from 0.07% last week, according to market estimates on Tuesday. While various discounts would be applied, this still translates into tens of thousands of dollars of additional...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
Hedge funds making use of algorithms to catch market trends, or commodity trading advisers saw $13.1 billion of net cash inflows, Preqin said. Niche strategies, which make up 2% of the industry (by assets), saw a net $11 billion in inflows during the same time frame,...
by AIP Online Bureau | Dec 13, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
The researchers describe this worst-case scenario in terms of governments moving late, or unexpectedly, to impose taxes on carbon emissions. Those abrupt moves would drive an inflation-fueling price shock that would see interest rates rise, impacting the net-asset...
by AIP Online Bureau | Dec 13, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy, Risk Management
“It is the first time that the world unites around such a clear text on the need to transition away from fossil fuels,” said Norway Minister of Foreign Affairs Espen Barth Eide Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday...
