by AIP Online Bureau | Oct 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The bloc’s measures, including a ban on insuring tanker shipments, enter into force on Dec. 5. A Russian cargo still on the water after that date will no longer be covered by a European underwriter or reinsurer. European Union sanctions on Russian oil might still be...
by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
“We are absolutely committed to delivering reforms to Solvency II, which could unlock tens of billions of pounds of investment into long-term UK infrastructure,” a government spokesperson said. Kwarteng has said he will announce “an ambitious set of regulatory...
by AIP Online Bureau | Sep 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Under the draft rules, victims can seek compensation for harm to their life, property, health and privacy due to the fault or omission of a provider, developer or user of AI technology, or for discrimination in a recruitment process using AI Users can sue for...
by AIP Online Bureau | Sep 28, 2022 | Eco/Invest/Demography, International News, Risk Management
Denmark and Sweden on Tuesday said major leaks on the two Nord Stream pipelines in the Baltic Sea were caused by deliberate acts of sabotage carried out in each of the two countries’ exclusive economic zones. Neither pipeline was in operation amid an energy...
by AIP Online Bureau | Sep 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Regulation, Technology
Manufacturers will have to assess the cybersecurity risks of their products and take appropriate procedures to fix problems for a period of five years or during the expected lifetime of the product. The companies will have to notify EU cybersecurity agency ENISA of...
