by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Regulation, Reinsurance, Risk Management
London: Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of insurance, Britain's markets watchdog told the UK Supreme Court on Tuesday. A lawyer for the Financial...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, International News, Non-Life
Chinese appetite for high-end cars is proving a boon for eastern European economies that had earlier fretted about an over-reliance on auto plants. Slovakia and the Czech Republic, which make the most cars in the world per capita, have closed shops and bars to tame...
by AIP Online Bureau | Nov 17, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
TORONTO: Some of Canada's largest banks and insurers are set to participate in a pilot project to better understand the risks to the financial system from the transition to a low-carbon economy, Canada's central bank and financial regulator said on...
by AIP Online Bureau | Nov 17, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Mumbai: Afte putting the financially battered Lakshmi Vilas Bank under moratorium for 30 days,the Reserve Bank of India(RBI) has today placed in public domain a draft scheme of amalgamation LVB with Singaporean DBS Bank India Ltd. (DBIL), having its registered...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology
SAN FRANCISCO: Social media giant Twitter Inc, under increased threat of regulation and plagued by serious security breaches, is appointing one of the world's best-regarded hackers to tackle everything from engineering missteps to misinformation.The company on...
