by AIP Online Bureau | Jul 8, 2026 | Eco/Invest/Demography, International News, Technology
The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit’s chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich....
by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
by AIP Online Bureau | Jun 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Clearly, loss of life and property damage – in terms of both vessels and their cargo – are the main causes to date,” said Regis Broudin, global head of marine claims at Allianz Commercial. The insurance industry is set to face significant claims for ships that were...
by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Life
HSBC had shortlistedAllianz, Sumitomo Life Insurance Co. and Daiichi Life Group Inc. as bidders for the Singaporean insurance unit. Other insurers including Sun Life Financial Inc. and Nippon Life Insurance Co. were said to be in the frame for the unit previously....
by AIP Online Bureau | May 19, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“The political violence landscape across Asia remains volatile, with civil unrest in countries such as Indonesia and Nepal, as well as domestic regional tensions including those between Pakistan and India, and Cambodia and Thailand. While some of these events...
