by AIP Online Bureau | Oct 28, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
HEALDSBURG, Calif. – Insurance has become a serious problem in California as wildfires — past and present — wreak havoc on the state. After last year’s devastating wildfires, insurance companies are balking at fire coverage policy...
by AIP Online Bureau | Oct 28, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LONDON/BRUSSELS: The European Union agreed a three-month flexible delay on Monday to Britain’s departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an extension he had vowed never to ask for....
by AIP Online Bureau | Oct 28, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Hong Kong: Unrest in Hong Kong has led to damages of various mainland China-linked entities, most notably local rail operator MTR and lenders such as Bank of China. The $77 million insurance claim surpassed the $41 million linked with the SAR (severe acute...
by AIP Online Bureau | Oct 28, 2019 | Eco/Invest/Demography, International News
The outflow from US equity funds this year has been the biggest since 2008, relative to the flood of money into cash and bonds, according to Goldman Sachs Group Inc. That still leaves cash exposures “near historical lows,” according to...
by AIP Online Bureau | Oct 27, 2019 | Eco/Invest/Demography, Facts
The world’s most important gold market isn’t what it used to be. Just a decade ago, India’s hunger for gold jewelry and bullion meant it accounted for about a quarter of global demand. Consumption has since fallen by about 24%. Ahead of...
