by AIP Online Bureau | Sep 15, 2022 | International News, Non-Life, Policy, Regulation, Reinsurance, Technology, Workplace/Employee Benefits
New rules from the European Commission called the Cyber Resilience Act, set to become public next week, are aimed at improving the security of devices in the face of surging online attacks across the globe. Damages from software and hardware cybercrime amounted to...
by AIP Online Bureau | Aug 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“The prohibition relating to coal and to certain fertilizers refers both to the “purchase” and the “transfer” of these goods, irrespective of final destination,” Arianna Podesta, a European Commission spokeswoman, told Bloomberg in an email. Those sanctions extend to...
by AIP Online Bureau | Jun 25, 2022 | Disaster & Management, International News, Non-Life
The floods this year are considered worse than those experienced in 1998 and 2004 New Delhi; The European Commission has released 2 million euros in funding for emergency relief assistance to those affected by the current floods in India and Bangladesh. The support...
by AIP Online Bureau | Jun 4, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Apart from banning seaborne imports into Europe, the new sanctions also include an immediate ban on insuring ships carrying Russian oil elsewhere, an EU official told Reuters, while existing contracts are to be phased out over six months BRUSSELS: The European Union...
by AIP Online Bureau | May 21, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
Christine Lagarde,European Central Bank President Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is why I believe that that should be...
