by AIP Online Bureau | Jan 8, 2020 | Indian News, Non-Life, Reinsurance
Mumbai: Markel International, the specialist insurer, has appointed Anirudh Singh as India chief underwriting officer effective from December 24, 2019, highlighting Markel’s commitment to growing its presence in Asia. Anirudh will work closely with...
by AIP Online Bureau | Jan 8, 2020 | Eco/Invest/Demography, International News, Policy, Regulation, Technology
Washington: The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach,” and said it wants European officials to likewise avoid...
by AIP Online Bureau | Jan 8, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Munich: According to Munich Re, in 2019 ,globally 820 natural catastrophes caused overall losses of US$ 150bn, which is broadly in line with the inflation-adjusted average of the past 30 years. A smaller portion of losses was insured compared with 2018:...
by AIP Online Bureau | Jan 8, 2020 | Uncategorized
London: Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. The...
by AIP Online Bureau | Jan 8, 2020 | International News, Non-Life, Reinsurance, Risk Management
London: Britain’s markets watchdog has told the bosses of commercial insurance companies to stamp out bad behavior in the industry and improve diversity, or risk losing their jobs. The warning follows last year’s admission by Lloyd’s of...
