by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Workplace/Employee Benefits
Prime Minister Keir Starmer and his finance minister Rachel Reeves – who say speeding up economic growth is their top priority – argue the move will allow them to spend more on public services including the National Health Service British employers have been caught...
by AIP Online Bureau | Sep 16, 2024 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Reinsurance, Risk Management
Report suggests potential excess mortality in the general population of up to 3% for the US by 2033 and 2.5% in the UK, the longest period of elevated peacetime excess mortality in the US. Key driver of excess mortality is the lingering impact of COVID-19; both as a...
by AIP Online Bureau | Aug 30, 2024 | Indian News, Life, Policy, Regulation
The case is part of broader investigation into over a dozen Indian insurers for alleged evasion of $610 million in unpaid taxes, interest and penalties. The roughly $26 million in fake invoices were used by Aviva incorrectly to claim tax credits and evade $5.2 million...
by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance
UK is missing out on a market that’s estimated to reach $161 billion globally by 2030, the letter said. The US, France and Italy have all introduced regimes to bring captives onshore according to a letter written to Chancellor Rachel Reeves by senior figures in the UK...
