by AIP Online Bureau | Jan 31, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...
by AIP Online Bureau | Jan 29, 2025 | Climate, Environment, Renewable Energy, International News
Researchers found that if planet-warming carbon emissions continue to rise, higher temperatures would result in some 2.3 million extra deaths by 2099 across 854 European cities. As Europe gets hotter, more people are expected to die from extreme heat, outweighing the...
by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The impact of the fires on European reinsurers’ natural catastrophe budgets will clearly be significant, but the implications for their earnings and capital are not likely to be material. Paris/London: The recent Los Angeles wildfires may use up over 30% of the...
by AIP Online Bureau | Dec 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The exponential growth of rooftop solar systems means millions more connection points to the grid, creating a massive vulnerability that hackers could exploit. The most serious impact may be cascading grid failures across the continent. That risk is a growing concern...
by AIP Online Bureau | Dec 6, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Rising costs and pressure on fees are prompting asset managers to seek further scale. Many of the biggest players in Europe are still owned by banks or insurers, and often lack the scale to compete with US fund houses and alternative investment firms that have enjoyed...
