by AIP Online Bureau | Apr 9, 2022 | International News, Non-Life, Reinsurance, Technology
Munich Re is seeking clearer war exclusion clauses in cyber policies, based on wording developed last year in the Lloyd’s of London market S&P Global said last week that insurance losses from the Ukraine conflict could total $35 billion, with cyber one of the...
by AIP Online Bureau | Apr 9, 2022 | International News, Technology
“As the publicly traded insurtechs have seen their share prices crater, and they have had to report performance results, it became evident that the insurance part of ‘insurtech’ wasn’t working,” Hertz said Insurance technology companies...
by AIP Online Bureau | Apr 9, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Underwriters are charging as much as 10% of the value of a ship’s hull — basically the vessel’s worth as an asset — for what is called an additional war-risk premium, according to four people involved in the market. Some are simply quoting to cover at prices that they...
by AIP Online Bureau | Apr 9, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
Irrespective of the difficult terrain, remoteness, vulnerability to climate risks and natural disasters of rural habitations, the intervention will greatly benefit from solar energy that can power critical healthcare services including immunization, maternal care,...
by AIP Online Bureau | Apr 9, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy
António Guterres,UN Secretary-General UN Secretary-General António Guterres said the summit was “a critical reminder that the COVID-19 pandemic is far from over. We’re seeing 1.5 million new cases each day. Large outbreaks are spreading in Asia”, he continued...