by AIP Online Bureau | Feb 25, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The “largest and most severe package” of economic sanctions against Russia tabled in the House of Commons includes a full asset-freeze of Russian state-owned bank VTB and powers to allow the UK to exclude Russian banks from Britain’s financial system. London:...
by AIP Online Bureau | Feb 24, 2022 | Eco/Invest/Demography, Indian News, Risk Management
“It was a big surprise for the world market as it was not anticipating a war. It was expecting a diplomatic meet between Biden and Putin. Markets around the globe plunged deep in red as the Ukraine crisis intensified with Russia’s invasion into Eastern...
by AIP Online Bureau | Jan 16, 2022 | International News, Technology
The United States has been hit by a string of high-profile hacks by ransom-seeking cybercriminals. A source with direct knowledge of the matter told Reuters in June that REvil was suspected of being the group behind a ransomware attack on the world’s biggest...
by AIP Online Bureau | Dec 7, 2021 | International News, Non-Life, Reinsurance
Ashish Raj, Insurance Analyst at GlobalData, commentED: “We are seeing clear indications of a Russian revival in 2021, with the country’s economy expected to grow by 4.1% by the end of the year as it benefits from rising oil and energy prices. As the economy recovers,...
by AIP Online Bureau | Nov 16, 2021 | International News, Risk Management, Technology
A Russian weapons test created more than 1,500 pieces of space junk that is now threatening the seven astronauts aboard the International Space Station, U.S. officials said Monday. The State Department confirmed that the debris was from an old Russian satellite...
