by AIP Online Bureau | Aug 10, 2023 | Indian News, Non-Life, Reinsurance, Risk Management
This study holds paramount significance, as it provides the opportunity to comprehensively evaluate the potential impact on the capital and overall solvency of the insurers This framework would serve as a pivotal mechanism which would enable insurers to maintain an...
by AIP Online Bureau | Aug 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
A data sample comprising 77% of U.S. insurers showed they held fossil fuel-related assets worth $536 billion in 2019, and patterns are unlikely to have changed dramatically since then, according to sustainability consultancy ERM, investor advocacy group Ceres and...
by AIP Online Bureau | Aug 5, 2023 | International News, Non-Life, Regulation
The allegations first came to light in June, when the insurers were said to have tried to set premiums for railway operator Tokyu Corp. The Financial Services Agency ordered them to submit a report on the matter, amid questions over whether the suspected collusion was...
by AIP Online Bureau | Aug 3, 2023 | Eco/Invest/Demography, International News, Life
Ratings for these U.S. insurers and the broader sector could face pressure if U.S. fiscal and governance deterioration contributes to a negative scenario of heightened capital market volatility and/or a more severe economic downturn The ‘AAA’ Insurer...
by AIP Online Bureau | Jul 25, 2023 | Health, International News, Non-Life, Policy, Regulation, Reinsurance
US President Joe Biden “Despite the repeated bipartisan efforts aimed at mental health parity, insurers too often make it difficult to access mental health treatment, causing millions of consumers to seek care out-of-network at significantly higher costs and pay...