by AIP Online Bureau | Jul 17, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Annual cover remains in place but voyages to listed areas will be assessed individually as and when seen,” Neil Roberts, head of marine and aviation at Lloyd’s Market Association, which represents the interests of all underwriting businesses in Lloyd’s. Insurers are...
by AIP Online Bureau | Jul 17, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Insurers are advised to respond/assist the claimants through their 24×7 helplines,special claims desks at district level with delegated claims settlement teams for speedyprocessing and settlement of claims including on account payments at the earliest andalso...
by AIP Online Bureau | Jul 9, 2023 | Eco/Invest/Demography, International News, Life, Non-Life, Pension & Social Security, Policy
Britain’s financial services were largely cut off from the EU due to Brexit, with Amsterdam overtaking London as the region’s biggest share trading centre. UK chip designer ARM’s decision to list in New York and not London has also piled pressure on...
by AIP Online Bureau | Jul 5, 2023 | International News, Non-Life, Reinsurance
French employers’ lobby Medef estimated the cost of violence since the police shooting of Nahel, a 17-year-old of North African descent, last Tuesday at more than €1 billion ($1.1 billion), with 200 businesses looted, and 300 bank branches and 250 tobacco stores...
by AIP Online Bureau | Jul 5, 2023 | International News, Non-Life, Reinsurance
Batteries can make up half of an EV’s cost and Thatcham found a replacement battery can cost more than the used price of the vehicle after only one year, making replacing them uneconomical LONDON: A lack of data on electric vehicle (EV) batteries continues to...