by AIP Online Bureau | Aug 18, 2022 | Health, International News, Life, Non-Life, Reinsurance
All the top three Asian reinsurers, China Re, Korean Re and GIC Re, have lost their global rankings in 2022. Korean Re, which have been in the 10th place in 2020, fell off to 13th this year owing to currency position. Despite premium growth of around 7 per cent, China...
by AIP Online Bureau | Aug 18, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
On average, Australians living in high-risk areas like northern Queensland pay A$3,000 ($2,100) in annual premiums, or double that of residents in the rest of the country, an Actuaries Institute report released on Wednesday showed. Australia’s mounting extreme weather...
by AIP Online Bureau | Aug 18, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Cybersecurity experts said the breach was alarming but cautioned that it wasn’t clear how deeply the hackers had penetrated the system and whether there may have been controls in place that could have prevented unauthorized tampering with water supplies A company that...
by AIP Online Bureau | Aug 18, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
The focus of RBI’s initiatives in the payment systems has been to ease frictions which may arise from systemic, procedural or revenue-related issues. While there are many intermediaries in the payments transaction chain, consumer complaints are generally about...
by AIP Online Bureau | Aug 18, 2022 | Health, Indian News
Airlines have to ensure that passengers are wearing face masks properly throughout the journey and there is proper sensitisation of passengers through various platforms, it mentioned New Delhi: Aviation regulator DGCA on Wednesday asked all Indian carriers to strictly...