by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management
Goldman agreed in 2020 to pay $2.9 billion in penalties and have a Malaysian unit admit criminal wrongdoing to settle 1MDB probes by the U.S. Justice Department and other authorities. Goldman Sachs has agreed to settle a class-action lawsuit accusing the Wall Street...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Technology
The success of Ant Group Co., the operator of China’s ubiquitous financial services app Alipay, inspired Low to start Bjak in 2019. While insurance technology is well established in markets like the UK, it is at different stages of maturity across Asia, he said.Bjak...
by AIP Online Bureau | Dec 11, 2025 | International News, Non-Life, Reinsurance, Technology
The court ordered the airline to pay each family compensation for the death of their loved one, funeral expenses, and damages stemming from emotional distress, it said in a statement.Although it is not known what happened to the passengers, they have been declared...
by AIP Online Bureau | Dec 3, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The floods are the worst on record for southern Thailand, with the government estimating the damage at around 500 billion baht ($15.6 billion). Thailand said floods that have devastated much of the country’s south have “paralyzed” the flow of high tech components and...
by AIP Online Bureau | Mar 27, 2025 | Intermediaries, Risk Management, Technology
Malaysian Prime Minister Anwar Ibrahim said separately on Tuesday that hackers demanded a $10 million ransom for the cyberattack A cyber security threat affecting computer systems at the Kuala Lumpur International Airport was detected on Sunday, the National Cyber...
