by AIP Online Bureau | May 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Non-Life
London: Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing to return to offices under new norms to tackle the coronavirus. Britain’s financial sector is working to bring...
by AIP Online Bureau | May 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
London: British insurer Aviva expects 160 million pounds ($195 million) in claims related to the coronavirus pandemic and weaker second quarter sales, it said on Thursday, as government lockdowns aimed at containing the virus hit the global economy. ...
by AIP Online Bureau | May 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Brasília: Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin America as foreign competitors scale back in the region, two sources close to the company told Reuters....
by AIP Online Bureau | May 22, 2020 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance, Risk Management
The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required...
by AIP Online Bureau | May 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Paris: A Paris commercial court ruled that insurer AXA must pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the restaurateur’s lawyer said on Friday, possibly opening the door to a wave of similar litigation. ...
