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Investors push 10,000 companies to disclose environmental data to CDP

by AIP Online Bureau | Mar 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries

The call comes as money managers demand better information on climate change, biodiversity and water security to help them analyse the performance of company boards as the world looks to come good on a plan to limit human-driven global warming This year, more than 680...
Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, International News

Kristalina Georgieva, Managing Director,International Monetary Fund The total exposure of banks to Russia amounted to around $120 billion, an amount that while not insignificant, was “not systemically relevant,” Russia may default on its debts in the wake...

Major Chinese cities impose COVID-19 restriction as cases spike

by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

The situation is not at ease even in the autonomous region of Hong Kong. About 300,000 Covid-19 patients and their close contacts in Hong Kong are now under home quarantine, according to the city’s Chief Executive Carrie Lam Beijing: Amid a rapid resurgence of...
China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan

China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan

by AIP Online Bureau | Mar 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

U.S. National Security Adviser Jake Sullivan “We are communicating directly, privately to Beijing, that there will absolutely be consequences for large-scale sanctions, evasion efforts or support to Russia to backfill them,” Sullivan said. “We will...
Insurer AIA launches $10-bln buyback on strong 2021 growth

Insurer AIA launches $10-bln buyback on strong 2021 growth

by AIP Online Bureau | Mar 13, 2022 | International News, Life

The Asia-focussed insurer’s value of new business or VONB, which measures expected profit from new premiums and is a key gauge for future growth, rose to $3.37 billion for the year ended Dec. 31, from $2.77 billion a year earlier China and Hong Kong accounted...
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