by AIP Online Bureau | May 4, 2022 | International News, Life, Non-Life
Combining Sanlam’s expertise in Africa with Allianz’s global capabilities and insurance solutions, particularly for multinational businesses, the partnership aims to increase life and general insurance penetration, accelerate product innovation and drive financial...
by AIP Online Bureau | Apr 30, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
With pressure mounting to accelerate corporate efforts to reduce emissions, Allianz announced that beginning in 2023, it would cease issuing new property and casualty insurance to fund new oil and gas projects and would cease renewing existing contracts in July 2023...
by AIP Online Bureau | Mar 25, 2022 | International News, Non-Life, Reinsurance
Based on industry estimates, the largest film insurance market is Hollywood with approximately $400-500 million of annual insurance premiums, followed by productions from the United Kingdom with approximately $60-70 million China is growing at $45 million, as are...
by AIP Online Bureau | Feb 21, 2022 | International News, Non-Life, Reinsurance, Risk Management
There was a record 40 cargo-related fire incidents alone in 2019 or one every 10 days. Across all vessel types, the number of fires/explosions resulting in total losses hit a four-year high of 10 at the end of 2020– accounting for around one in five total losses...
by AIP Online Bureau | Feb 18, 2022 | International News, Non-Life, Reinsurance
The collapse of a $15 billion set of investment funds during the pandemic market turmoil in early 2020 has cast a shadow over Germany’s most valuable financial firm and one of the world’s largest asset managers. Baete’s pay package in 2020 totalled...
