by AIP Online Bureau | Feb 5, 2022 | International News, Risk Management
The UK’s Official Receiver, acting on behalf of Carillion’s creditors, accused KPMG of failing to spot misstatements on the group’s accounts and provided misleading financial statements, according to court documents filed on Jan. 17 and made public Thursday KPMG LLP...
by AIP Online Bureau | Feb 5, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology
In a study published on Friday, the Treasury found that there is some evidence of money laundering risk in the high-value art market, but limited evidence of terrorist financing risk, the Treasury said in a statement The U.S. Treasury Department on Friday issued a set...
by AIP Online Bureau | Feb 5, 2022 | Indian News, Life
For conventional and health policies with a total receivable premium of up to Rs one lakh, the insurer is offering a 20 per cent concession in late fee, with a maximum limit of Rs 2,000. Similarly, for a premium amount of above Rs 3 lakh, concession offered is 30 per...
by AIP Online Bureau | Feb 5, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
By region, North America accounted for the largest proportion of the loss at 68%, followed by Europe, Middle East & Africa at 23%, Asia Pacific at 8% and Latin America and the Caribbean at 1%. By peril, tropical cyclones were the most impactful, responsible for...
by AIP Online Bureau | Feb 5, 2022 | Health, International News, Non-Life, Pandemic, Policy
The Scientific Pandemic Influenza Group on Modelling, Operational sub-group (SPI-M-O) said the emergence of new viral variants was the biggest unknown factor in the medium-to-long term, along with waning population immunity and changes in mixing patterns LONDON: There...
