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Africa Specialty risks launches Bermuda reinsurer

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, International News

  London: Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, has launched a licensed reinsurance entity in Bermuda. The Group will offer a full suite of products from its Bermudan reinsurer, including Political Risk & Trade...

COVID-19 Pandemic:UK govt partners with Lloyd’s to launch $1 Billion reinsurance scheme to cover music festivals

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

  London: Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events against cancellation risk due to the COVID-19 pandemic, after intense industry lobbying. Insurers stripped...

DST receives 478 proposals to study effects of yoga, meditation in fighting Covid

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

New Delhi: The Department of Science and Technology (DST) received 478 proposals under the SATYAM programme to study effects of yoga and meditation in fighting COVID-19, Science and Technology Minister Jitendra Singh said on Friday. In a written reply to a question in...

Medium, heavy passenger EVs increase from 124 in 2018 to 1,356 as on date: Gadkari

by AIP Online Bureau | Aug 6, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Technology

  New Delhi: The number of electric vehicles operating in the medium and heavy passenger vehicle category has increased from 124 in 2018 to 1,356 as of date, Parliament was informed on Thursday. In a written reply to a query in the Lok Sabha, Road Transport and...

Moody’s to acquire risk modelling firm RMS for $2 billion

by AIP Online Bureau | Aug 6, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance, Risk Management, Technology

  NEW YORK: Moody's Corporation  and RMS announced today that they have entered into a definitive agreement for Moody’s to acquire RMS, a leading global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0...
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