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Israel to provide $6 billion in aviation war insurance
The guarantee framework will grant Israeli airlines insurance...
Sharp rise in companies’ climate-related risk disclosure G20 report
Climate-related metrics disclosure led the way with over 70 per...
U.K. Lawmakers Approve EU Exit at End of January with 11 Months of Trade Talks Ahead
The focus has instead turned to upcoming talks on long-term arrangements with the EU that will kick in when a transition period – during which Britain remains subject to EU rules – ends on Dec. 31.
‘Impossible’ to agree to full EU-U.K. Brexit trade deal by year end: EU Head
Britain would retain high labor and environmental standards after Brexit but would not accept alignment with EU rules or any jurisdiction by the European Court of Justice, a spokesperson for Johnson added.
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.