by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Pandemic, Pension & Social Security, Risk Management
FRANKFURT: Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany's Allianz, one of the world's top asset managers, for failing to safeguard their investments during the coronavirus market...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Paris: AXA XL is accelerating the scaling of its new Digital Risk Engineer proposition – a connected solution designed to enable companies to monitor the “health” of their buildings and assets – having recently completed the successful...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Risk Management, Technology
BEIJING: China’s banking and insurance regulator issued draft rules on Monday to rein in risks accumulated in country’s booming online insurance sector. The rules, on which the regulator is seeking public feedback till Oct. 28, will ban unlicensed...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Johannesburg: The African Risk Capacity Limited (ARC Ltd), the commercial subsidiary of African Risk Capacity Group (ARC Group), has announced a partnership agreement with Pula to deliver best-in-class agriculture index insurance products to protect African...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
LONDON: Britain’s Financial Conduct Authority said on Tuesday it has filed for an expedited appeal in its business interruption test case as a precaution against insurers not agreeing by Wednesday to pay out on claims made during the pandemic. Hundreds of...