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Hannover Re transfers record volume of catastrophe bonds to the capital market

by AIP Online Bureau | Feb 23, 2022 | International News, Non-Life, Reinsurance

Hannover Re anticipates a record volume somewhat in excess of USD 100 billion for the ILS market in 2022. This comes after a volume of around USD 95 billion in 2021, a figure that does not include securitisations in the area of mortgage financing Hannover: Hannover Re...

Omicron sublineage BA.2 remains a variant of concern

by AIP Online Bureau | Feb 23, 2022 | Eco/Invest/Demography, Facts, Health, Pandemic

Although BA.2 sequences are increasing in proportion relative to other Omicron sublineages, there is still a reported decline in overall cases globally The BA.2 virus, a sublineage of the Omicron COVID-19 mutation, should continue to be considered a variant of...
Lot of buzz, interest in market for LIC IPO: Sitharaman

Lot of buzz, interest in market for LIC IPO: Sitharaman

by AIP Online Bureau | Feb 23, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

Finance Minister Nirmala Sitharaman ”Now that DRHP (for LIC IPO) is out, there is a buzz and a lot of interest in the market. I am glad the way in which it is crafted where shareholders also have a role to play. The way it has been crafted has created a lot of...

France bans import of meat from animals on growth antibiotics

by AIP Online Bureau | Feb 22, 2022 | Facts, Health

By giving antibiotics when the animals are not sick, the bacteria get used to the remedy and gradually develop resistance, making antibiotics less effective when really needed, the ministry said France adopted a decree on Tuesday banning imports of meat from animals...

Volkswagen’s cargo ship fire losses to be at least $155 million: Russel Group

by AIP Online Bureau | Feb 22, 2022 | International News, Non-Life, Reinsurance

Of the roughly $438 million total value of goods aboard the Felicity Ace, which went up in flames off the coast of Portugal’s Azores Islands,Russell Group said Monday it estimates there are $401 million worth of cars. The consultant estimates auto companies other than...
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