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London marine insurers widen high risk zone in Red Sea as attacks surge

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza London: London’s marine insurance market has widened the area in the Red Sea it deems as high...
AstraZeneca facing two London lawsuits over COVID-19

AstraZeneca facing two London lawsuits over COVID-19

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

Anish Tailor, whose wife Alpa died in March 2021 after receiving her first dose of the vaccine, filed a product liability claim against AstraZeneca at London’s High Court on Aug. 4, according to court records AstraZeneca is facing a similar lawsuit from Jamie Scott,...

London is falling down and it’s because of climate change

by AIP Online Bureau | Jul 11, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

That phenomenon — known as subsidence — has become worse in the UK after last year’s drought and a deadly heat wave that pushed temperatures past 40C (104F) in July 2022 to record levels The damage has triggered the highest insurance payout in almost two decades, with...

London court throws out lawsuit against Google over medical records

by AIP Online Bureau | May 19, 2023 | International News, Technology

London: Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust. The Royal Free London NHS Trust transferred patient data to Google’s artificial intelligence firm...

London as financial hub struggles to find its way in Brexit Britain

by AIP Online Bureau | Jul 25, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Sam Woods, chief executive of the Prudential Regulation Authority, faces calls from the insurance industry to support the relaxation of the Solvency II capital rules, which were written while part of the EU London: London is in danger of becoming a mere “regional...
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