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Why many Americans will never be able to retire

by AIP Online Bureau | Jan 27, 2019 | Blog, Eco/Invest/Demography, Life, Pension & Social Security

  Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time to relax, spend time with family and...

Boeing sees flying cars revolutionizing urban transportation, package delivery

by AIP Online Bureau | Jan 27, 2019 | Eco/Invest/Demography, Facts, Non-Life, Risk Management

Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world’s largest planemaker bids to revolutionize urban transportation and parcel delivery services.   Boeing...

PIMCO launches new Insurance-Linked Securities business in partnership with Allianz

by AIP Online Bureau | Jan 26, 2019 | International News, Non-Life, Reinsurance

  NEWPORT BEACH, Calif: PIMCO, one of the world’s premier fixed income investment managers has hired Rick Pagnani, Executive Vice President, to lead the launch of the firm’s property and casualty insurance-linked securities (ILS) business. The...

M&A and PE deals scale record $110 bn mark in 2018: Report

by AIP Online Bureau | Jan 26, 2019 | Data, Eco/Invest/Demography, Risk Management

    Deal value increased by over 80 percent to USD 110 billion, making 2018 a record-breaking year for mergers and acquisition activity in India, a report said on Friday.   The deal activity will be tepid for the first two quarters of the fiscal and...

Swiss Re makes digital side-bet as premiums languish

by AIP Online Bureau | Jan 26, 2019 | International News, Reinsurance, Technology

  DAVOS, Switzerland:  The world’s second-largest reinsurer, Swiss Re, plans to double down on a small, new online insurance venture as its huge core business continues to be pinched by losses on natural disasters and what it calls unsustainably low...
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