by AIP Online Bureau | Jul 2, 2019 | Climate, Environment, Renewable Energy, International News, Non-Life
ZURICH: Chubb Limited today announced that it has adopted a new policy concerning coal-related underwriting and investment. With the new policy, the company will no longer underwrite the construction and operation of new coal-fired plants or new...
by AIP Online Bureau | Jul 2, 2019 | International News, Life
BANGKOK: FWD Group is acquiring the life insurance business of Thailand’s Siam Commercial Bank (SCB) (SCB.BK) for 92.7 billion baht ($3 billion) in Southeast Asia’s biggest insurance M&A deal, broadening a rapid Asian expansion by the Hong...
by AIP Online Bureau | Jul 2, 2019 | Eco/Invest/Demography, International News, Non-Life, Technology
LONDON: Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions; Oxfam in Sri Lanka, the organization working to alleviate poverty; and Etherisc, the InsurTech startup developing a protocol...
by AIP Online Bureau | Jul 2, 2019 | Indian News, Risk Management
Indian aviation regulator DGCA Tuesday issued safety directions to airlines in the wake of multiple incidents of planes overshooting runways while operating amidst bad weather conditions. In a circular, the DGCA said, "Aircraft operations during monsoon...
by AIP Online Bureau | Jul 2, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life
MUMBAI: Mumbai was Tuesday paralaysed by incessant rain, which left many parts of the financial capital waterlogged and 21 dead in a wall collapse in the city. Fourteen persons died in rest of Maharashtra in rain- related incidents in the last 24...
