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Chinese virus cases climb, raise threat of trade disruption

by AIP Online Bureau | Mar 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

The restrictions have wider potential ramifications, coming at a time when the global economy is under pressure from Russia’s war on Ukraine, surging oil prices and weak consumer demand. “We can think of no risk to the global economy, excluding nuclear...
Berkshire rejects shareholder call to replace Warren Buffett as chairman

Berkshire rejects shareholder call to replace Warren Buffett as chairman

by AIP Online Bureau | Mar 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Warren Buffett, chairman, Berkshire Hathaway The company, run by Buffett since 1965, also said the 91-year-old received $373,204 in compensation for 2021, down from $380,328 a year earlier, comprising his usual $100,000 salary plus personal and home security.Though...

Hacked US companies to face new reporting requirements

by AIP Online Bureau | Mar 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Technology

The rules are part of a broader effort by the Biden administration and Congress to shore up the nation’s cyberdefenses after a series of high-profile digital espionage campaigns and disruptive ransomware attacks. The reporting will give the federal government...

SoftBank execs to quit Paytm, Policybazaar boards as part of global plan

by AIP Online Bureau | Mar 15, 2022 | Indian News, Intermediaries, Technology

The decision is part of SoftBank’s global strategy to exit from the boards of most of its listed portfolio companies, said the source SoftBank will, however, retain its shareholding in the two Indian companies New Delhi; Representatives of SoftBank Group Corp...

ICEYE and Fermat Capital Management enter strategic alliance

by AIP Online Bureau | Mar 15, 2022 | International News, Non-Life, Reinsurance, Technology

Understanding the impact of flooding in near-real time is essential to the ongoing evolution of this sector and for developing solutions that will help communities better manage and respond to floods and other climate shocks,” said Read. Andy Read, Global Head of...
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