by AIP Online Bureau | Jan 4, 2022 | International News, Non-Life, Pandemic, Reinsurance
Capacity was ample for many lines but more constrained for retrocession and some components of property, including loss-impacted lower catastrophe layers and aggregates.Capacity for cyber aggregates was also limited Emerging risk factors, including climate change,...
by AIP Online Bureau | Jan 4, 2022 | International News, Non-Life, Reinsurance, Risk Management
The law firm said that as of Dec. 30, the sum covered lawsuits from about 320 investors, both institutional and retail, that had been filed with the district court in Cologne. This represents a significant jump from the 250-plus investors demanding damages of more...
by AIP Online Bureau | Jan 4, 2022 | International News, Wealth Management/ Philanthropy
The world’s most valuable company is the first to reach the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music. Apple’s march from $2 trillion to $3 trillion...
by AIP Online Bureau | Jan 3, 2022 | Indian News, Regulation, Technology
The acquirer should incur all liabilities arising out of technical or transaction security issues at the merchant’s end. The RBI emphasised that offline payments will be covered under the provisions of its limited customer liability circulars Mumbai: To push...
by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Indian News, Policy
The total number of districts in the country in 2011, when the last census was conducted, was around 640. India now has about 100 more districts The number of statutory towns stands at 4,657 — up from 4,041 in 2011 and the number of census towns is 5,050 —...
