by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LONDON: Regional reinsurers operating in the Middle East and North Africa (MENA) are no strangers to challenging operating conditions. In recent years, the region’s reinsurance market has been characterised by competitive pricing pressures, overcapacity...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, International News, Non-Life, Technology, Workplace/Employee Benefits
London: Next Insurance, an insurance startup serving small businesses and freelance workers on Wednesday said it raised $250 million (196.45 million pounds) in funding. The company was valued at over $2 billion, more than doubling its valuation from late last year,...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, International News, Pandemic, Risk Management
LONDON: Having complained for years about hedge funds’ high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market upheaval left many of them nursing losses.That would be...
by AIP Online Bureau | Sep 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
London: United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to more accurately reflect climate-related risks in their financial accounts.Such risks can range from physical dangers such as water...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Technology
DETROIT: ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition Corp SBE.N in a deal that values the company at $2.4 billion. The deal is...
