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UK regulators approve a second Lloyd’s Protected Cell Company building on the success of London Bridge Risk

by AIP Online Bureau | Aug 4, 2022 | International News, Non-Life, Regulation, Reinsurance

Lloyd’s members and managing agents will be able to use the new vehicle to manage their capital and risk management requirements by attracting new sources of capital and reinsurance protection. London: Lloyd’s today announced that it has received regulatory approval...
Return to office highest in telecom, consulting sectors; IT lags: Survey

Return to office highest in telecom, consulting sectors; IT lags: Survey

by AIP Online Bureau | Aug 4, 2022 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

“The survey has made it clear that a distributed workspace strategy is the way to go for occupiers in this new era of experiential workplaces, as occupiers emerge from the after-effects of the pandemic. Flex spaces, in particular, are leading this growth, as...
Andhra Pradesh: CM takes note of Anakapelle gas leak, orders safety audit in all industries

Andhra Pradesh: CM takes note of Anakapelle gas leak, orders safety audit in all industries

by AIP Online Bureau | Aug 4, 2022 | Indian News, Non-Life, Risk Management

YS Jagan Mohan Reddy,,Chief Minister, Andhra Pradesh According to the Vishakhapatnam district officials, 53 people were admitted for treatment in a government hospital, while 41 others were undergoing treatment in other hospitals of the district Anakapalle (Andhra...

Global investment in InsurTech at $2.41 billion in Q2 2022, drops 50% over Q2 2021:Gallagher Re

by AIP Online Bureau | Aug 4, 2022 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Technology

Q2 saw 40 L&H(Life & Health) investments of $918 million, up 12.4%, and 92 P&C InsurTech deals worth $1.49 billion in total. P&C deal flow was down 13.2%, but total investment was up 5.9% on Q1, while average deal size was $20.73 million London: Global...
Swiss Re launches new insurance-linked investment advisory business, to focus  on CAT bonds

Swiss Re launches new insurance-linked investment advisory business, to focus on CAT bonds

by AIP Online Bureau | Aug 4, 2022 | International News, Non-Life, Reinsurance

Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC’s) investment strategy focuses on insurance-linked securities, primarily catastrophe bonds, thus allowing investors the opportunity to access Swiss Re’s capabilities in catastrophe bond...
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