Anthony Dagostino “Cybersecurity continues to be a top risk...
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Superbugs Are ‘Dangerously High’ Threat in Greece, India, Turkey
The ballooning calamity would leave more patients without effective...
Bank of England tells UK to hold insurers to account on infrastructure
Britain is rolling back capital rules for insurers from later this...
AXA insurance launches first-in-market plan for Cancer survivors
Sean Goh, Managing Director, Life, AXA Insurance Singapore said, “Many cancer survivors are left without any insurance coverage after their first diagnosis and do not have the security of a financial safety net if cancer strikes again. We want to take away this uncertainty by protecting them financially should they be faced with cancer again, so they can focus on treatment and recovery. This is part of our commitment to support our customers across their entire health journey and to empower them to live better lives.”
Iran investigation says Ukrainian jet was on fire before crash
Five security sources – three Americans, one European and the Canadian – who asked not to be named, told Reuters the initial assessment of Western intelligence agencies was that the plane had suffered a technical malfunction and had not been brought down by a missile.In Kiev, Ukraine’s President Volodymyr Zelenskiy said the government was considering several possible causes of the plane crash.
Re/insurers remain on alert as U.S.,Iran signal desire to avoid further conflict
The Joint War Committee (JWC), which is comprised of underwriting representatives from Lloyd’s and IUA company markets, has also said that currently, there is no dramatic change to the strategic maritime picture in light of elevated tensions between the U.S. and Iran
Trump wants to speed infrastructure projects by dropping Climate Impact Assessment
According to CEQ, the average length of a full-blown Environmental Impact Statement is currently 600 pages and takes 4.5 years to conclude. U.S. federal agencies prepare approximately 170 such assessments per year.
Tensions between U.S. and Iran hamper probe of Boeing 737-800 crash near Tehran
Given that the crash of Flight 752 came hours after a barrage of Iranian missiles were fired on U.S. bases in Iraq, speculation also turned to a possible accidental attack by Tehran’s own air defense system.
Uber partners with Hyundai on electric air taxi
Hyundai will unveil a concept electric aircraft developed with Uber at CES, with the self-flying electric car designed to carry up to four passengers with a pilot and fly on trips of up to 60 miles (100 km).
Iran attacks US base: India issues travel advisory, all well, assures Trump
Washington/New Delhi: Iran fired more than a dozen ballistic missiles at two military bases in Iraq where American troops are based, said Pentagon. In a statement, the US military said Iran launched the attack at about 1:30 am local time. "It is clear that...
American Financial Group announces exit from Lloyd’s of London market
The exit from this business will allow AFG to reallocate capital to its other insurance businesses and opportunities that have the potential to earn targeted returns on investment.
Peak Re successfully places $ 77mn Lion Rock Re II Sidecar
the confidence shown in Lion Rock Re II really shows that Hong Kong can become a hub for ILS investors. Lion Rock Re II will allow us to continue our drive towards modernising reinsurance and bringing more communities under the umbrella of protection that insurance and reinsurance provides,” said Franz Josef Hahn, Chief Executive Officer of Peak Re.
British regulator warns insurance industry to stamp out bad behavior – or else
“A senior manager’s failure to take reasonable steps to address non-financial misconduct could lead us to determine that they are not fit and proper,” Jonathan Davidson, the Financial Conduct Authority’s Executive Director of Supervision, Retail and Authorisations said in a letter on Monday