by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance
The Bermuda life insurance market has grown rapidly. Assets increased to $1.1 billion as of YE2022 from $496 million in 2018, and the number of life insurance licenses increased 10% over the same period to 180. This growth has been driven by its economic-based regime,...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, Health, International News
“Healthcare is expensive to run. We were finding that the increased labor and operating costs environment, like with reimbursement, both public and private, made it difficult (to run the business) and obvious we had to close,” Walmart spokeswoman Marilee...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Currently, only 2% of Lloyd’s business comes from Africa, something which ASR Syndicate 2454 is strategically placed to expand. ASR began underwriting in February 2021, with the explicit aim of closing the insurance gap in Africa and facilitating international...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, Features, Non-Life, Reinsurance, Technology
Within three or four years, Aurora and its competitors expect to put thousands such self-driving trucks on America’s public freeways. The goal is for the trucks, which can run nearly around the clock without any breaks, to speed the flow of goods, accelerating...
by AIP Online Bureau | May 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Nationwide Building Society uses mapping technology to identify which individual homes are vulnerable to flooding, Nationwide Head of Property Risk Rob Stevens said in an interview. The company will decline to make a loan to purchase a property it deems to be at high...
