by AIP Online Bureau | Aug 30, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Policy
Aug 30: New Zealand Prime Minister Jacinda Ardern on Monday extended a lockdown in Auckland by two weeks, while officials reported the country's first death linked to the Pfizer-BioNTech COVID-19 vaccine. New Zealand had been largely virus-free for months,...
by AIP Online Bureau | Aug 30, 2021 | International News, Non-Life, Reinsurance, Technology
Berlin, Aug 28: ELEMENT, Germany's only 100% cloud-based insurance company, announced a new partnership with US-based Parametrix Insurance – the first on an international level. Together the companies have launched a first-of-its-kind parametric...
by AIP Online Bureau | Aug 30, 2021 | Health, International News, Life, Non-Life
Despite witnessing robust U.S.Mergers and acquisitions (M&A) activities, the global insurance industry fell 3% in the first half of 2021. There were 197 completed deals worldwide, down from 206 in the second half of 2020, said Clyde & Co.’s...
by AIP Online Bureau | Aug 29, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Tokyo: The operator of the wrecked Fukushima nuclear power plant said Wednesday it plans to build an undersea tunnel so that massive amounts of treated but still radioactive water can be released into the ocean about 1 kilometer (0.6 mile) away from the plant...
by AIP Online Bureau | Aug 29, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts to exit the oil and gas industry. To date, just one insurer has promised to take “significant action” in this regard,...