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Firm issued fake insurance for Russian oil tankers, Norway’s regulator says

Firm issued fake insurance for Russian oil tankers, Norway’s regulator says

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

Such vessels are not regulated or covered by conventional Western insurers, posing the risk of unsafe tankers and environmental damage in the event of a wreck. The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was...

Norway sovereign wealth fund excludes Adani Ports from over ethical concerns

by AIP Online Bureau | May 16, 2024 | Eco/Invest/Demography, International News, Pension & Social Security, Risk Management, Wealth Management/ Philanthropy

Norges said it decided to exclude Adani Ports due to “unacceptable risk that the company contributes to serious violations of individuals’ rights in situations of war or conflict” Norway’s central bank said on Wednesday that its executive board...
Meta Platforms seeks to stop privacy breach fine in Norway -court filing

Meta Platforms seeks to stop privacy breach fine in Norway -court filing

by AIP Online Bureau | Aug 8, 2023 | International News, Risk Management, Technology

The regulator has said Meta cannot harvest user data in Norway, such as users’ physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech. Meta Platforms will be fined 1 million crowns...

More positive outcomes when elders are treated locally: Study

by AIP Online Bureau | Jun 24, 2023 | Facts, Health, Policy

“Intermediate care units are the newest trend in health policy, and Norway is way ahead of the curve in this regard,” says Pal Erling Martinussen, a professor in the Department of Sociology and Political Science at Norwegian University of Science and...
Yara debuts world’s first autonomous electric container ship

Yara debuts world’s first autonomous electric container ship

by AIP Online Bureau | Nov 19, 2021 | International News, Technology

“This isn’t about replacing the sailors, it’s replacing the truck drivers,” Yara’s Jostein Braaten, project manager for the ship, said at the ship’s bridge, which will be removed when the vessel is running at full automation. The...

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