by AIP Online Bureau | Apr 11, 2024 | Workplace/Employee Benefits
Ping An Trust apologized on Wednesday to its customers for postponing the payment, and blamed the overall downturn in the real estate market. It said it is suing defaulted Chinese developer Zhenro Properties Group Ltd., and actively looking for ways to recoup...
by AIP Online Bureau | Apr 11, 2024 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Policy, Regulation, Risk Management
This is the first time a regional human rights court has ruled that countries can violate human rights by failing to reduce their climate-warming emissions fast enough.The Court said it interpreted the European Convention on Human Rights language on a right to private...
by AIP Online Bureau | Apr 11, 2024 | International News, Risk Management, Technology
The latest allegations cast Boeing in an unfavorable light as it grapples with a crisis of confidence after the Jan. 5 panel blowout. While nobody on that flight was seriously hurt, the issue has put the spotlight on Boeing’s manufacturing and safety procedures and...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
As unrest can now spread more quickly and widely, thanks in part to social media, financial costs from such events for companies and insurers are mounting. Economic and insured losses from just seven civil unrest incidents in recent years cost approximately US$13bn...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
“The outlook revision reflects increasing risks to China’s public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth...
