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...
by AIP Online Bureau | Jun 28, 2023 | Banking & Bancassurance, Indian News, Regulation
There is uncertainty whether HDFC’s bonds will be classified under housing and infrastructure after the merger, and we are awaiting clarification from regulators, Arun Srinivasan, head of fixed income at ICICI Prudential Life Insurance, told Reuters. “In...
by AIP Online Bureau | Jun 22, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Sherif Zakhary, CEO of Aon’s Strategy and Technology Group, said: “These megatrends each equate to risk and opportunity for the global insurance industry, and so as risk experts we cannot afford to sit on the sidelines and wait for these trends to crystalize. We have...