by AIP Online Bureau | May 9, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
London's Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed. Judge Nicholas Underhill has agreed to an oral hearing that could...
by AIP Online Bureau | May 9, 2021 | International News, Non-Life, Technology
HONG KONG: Chinese online insurance technology firm Waterdrop Inc has raised $360 million by pricing its shares at $12 a piece in its New York initial public offering (IPO), according to two sources with direct knowledge of the matter. The company, which is backed by...
by AIP Online Bureau | May 9, 2021 | International News, Non-Life, Reinsurance
Cairo: An Egyptian court on Tuesday ruled that the container ship which blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner against its detention, a judicial source said. The Ever Given, one of...
by AIP Online Bureau | May 9, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Risk Management
WHO experts have voiced "very low confidence" in data provided by Chinese state-owned drugmaker Sinopharm on its COVID-19 vaccine regarding the risk of serious side-effects in some patients, but overall confidence in its ability to prevent the...
by AIP Online Bureau | May 9, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
OTTAWA: Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first step of mapping flood risks. Flood mapping is used to...
