by AIP Online Bureau | Aug 23, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Attacks by Russian forces on agricultural infrastructure in recent weeks have helped sustain sky-high insurance premiums for ships calling into Ukraine Current market rates for war risk insurance can be anywhere between 3% and 5% of the value of a ship, meaning there...
by AIP Online Bureau | Aug 23, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than two-thirds of the insured losses were as a result of severe thunderstorms in the US. The 12-figure threshold is likely to be passed even though just $5 billion of the $40 billion in damages caused by the year’s most devastating event — the earthquake that...
by AIP Online Bureau | Aug 23, 2023 | Indian News, Non-Life, Policy, Risk Management, Technology
Under the new system, cars will be assigned a rating of one to five stars based on crash tests and other safety parameters, to help buyers make an informed decision and encourage car makers to upgrade their safety standards.The move is also expected to bring cars in...
by AIP Online Bureau | Aug 22, 2023 | Intermediaries, International News
“The addition of Honan’s highly complementary capabilities, particularly in corporate risk and strata insurance, will enable Marsh to deepen the specialist expertise we provide to clients across Australia and New Zealand,” Nick Harris, chief executive officer of...
by AIP Online Bureau | Aug 22, 2023 | Features, Health, Technology
“Designed with people at the center, digital technology can make health services more personal, prevent healthcare costs from increasing, reduce differences in care, and make the job easier for those who provide health services,” said Mamta Murthi, Vice President for...
