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UK Eyes War-Risk Insurance Scheme for Ukraine’s reconstruction

by AIP Online Bureau | Jun 11, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits

The danger of war damage, as well as longer-term political and economic instability, have seen the costs of insuring investments in Ukraine shoot up, often pricing out both investors and private insurers. Ukrainian President Volodymyr Zelenskiy has called on allies to...

UK PM Rishi Sunak plans to set up global AI watchdog in London: Report

by AIP Online Bureau | Jun 3, 2023 | International News, Regulation, Technology, Workplace/Employee Benefits

Among the ideas under consideration in Downing Street is setting up a global AI authority in London, modelled on the Vienna-based International Atomic Energy Agency (IAEA) London: British Prime Minister Rishi Sunak is considering a London-based global artificial...

Private health care booms in UK as state-run health service buckles

by AIP Online Bureau | Apr 27, 2023 | Health, International News, Non-Life, Policy

Private health care procedures paid out of pocket have risen more than 33% since before the pandemic, according to Private Healthcare Insurance Network data comparing the third quarter of last year with the same period in 2019 British patients are turning to private...
Big Tech crackdown looms as EU, UK ready new rules

Big Tech crackdown looms as EU, UK ready new rules

by AIP Online Bureau | Apr 26, 2023 | International News, Policy, Regulation, Risk Management, Technology

Violations could result in fines worth up to 6% of a company’s annual global revenue — amounting to billions of dollars — or even a ban on operating in the EU The European Commission’s list of very large online platforms is limited to those with at least...

UK says Russian hackers aim to attack key infrastructure

by AIP Online Bureau | Apr 20, 2023 | Eco/Invest/Demography, International News

A successful cyberattack on critical national infrastructure such as an energy grid or water supply could be highly destructive, and do serious real-world damage The UK government’s cyber defense agency warned on Wednesday of an emerging threat to Western critical...
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