by AIP Online Bureau | Jan 8, 2020 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography
As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an area more than five times the size of Wales and...
by AIP Online Bureau | Jan 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Hong Kong: After completing groundbreaking placement of Lion Rock Re, Asia’s first reinsurance sidecar transaction in 2019, Hong Kong based Peak Reinsurance Company has announced that investors have supported Lion Rock Re II for 2020 with an increase in...
by AIP Online Bureau | Jan 8, 2020 | International News, Non-Life, Reinsurance
CINCINNATI: American Financial Group, Inc.announced that it plans to exit the Lloyd’s of London insurance market in 2020. It has initiated actions to place its Lloyd’s subsidiaries including its Lloyd’s Managing Agency, Neon Underwriting Ltd.,...
by AIP Online Bureau | Jan 8, 2020 | Eco/Invest/Demography, International News, Non-Life
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...
by AIP Online Bureau | Jan 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Technology
SEOUL: U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor (005380.KS) have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion. Global players like...
