by AIP Online Bureau | Dec 13, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Plunging growth rates, surging inflation, the energy crisis, continuing stock market volatility and ongoing supply chain issues are monitored closely by D&O underwriters as they could cause liquidity and profitability squeezes in many sectors and fuel rising...
by AIP Online Bureau | Nov 8, 2022 | Non-Life, Reinsurance, Technology
German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson said on Monday, the latest in a wave of similar moves by companies in the wake of Elon Musk’s takeover of the social media...
by AIP Online Bureau | Nov 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Private finance in developing economies hit a record $250 billion last year, according to the International Monetary Fund, but must more than double by 2030 to keep on track to hit the world’s climate goal, a London School of Economics study said Allianz Global...
by AIP Online Bureau | Oct 29, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits
Ransomware is forecast to cause $30bn in damages to organizations globally by 2023 Around the world, the frequency of ransomware attacks remains high, as do related claims costs. There was a record 623 million attacks in 2021, double that of 2020 Although frequency...
by AIP Online Bureau | Aug 31, 2022 | International News, Non-Life, Reinsurance
AGCS analysis of over 240,000 marine insurance industry claims over the past five years (with a value of €9.2bn), shows that fire/explosion (from all causes) is the most expensive cause of loss, accounting for 18% of the value of all claims Singapore: Recent incidents...
