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UK sets out post-Brexit ‘reforms’ for banks, financial sector

by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, International News, Reinsurance

The reform plans aim to make substantial legislative progress over the course of 2023 on repealing and replacing EU-era Solvency II –- the rules governing insurers’ balance sheets which are expected to unlock over GBP 100 billion of private investment for...

Medi Assist acquires majority stakes in UK-based healthcare company Mayfair

by AIP Online Bureau | Nov 17, 2022 | Health, Indian News, Intermediaries

Satish Gidugu, CEO, Medi Assist said,“ With Indian corporates expanding internationally and international travel on the rise, demand for international health insurance is witnessing tremendous growth. With this new alliance, we aim to provide services beyond Indian...
Indian ‘hack-for-hire’ firms target VIPs, states: Report

Indian ‘hack-for-hire’ firms target VIPs, states: Report

by AIP Online Bureau | Nov 7, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology, Workplace/Employee Benefits

According to the investigation based on leaked documents and undercover work in India earlier this year, journalists posing as former MI6 agents turned private investigators claim that one gang ”seized control of computers” owned by Pakistan’s...

UK to cap price of Russian oil for any global company using its insurance, brokerage and shipping services

by AIP Online Bureau | Nov 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The insurance industry has been in limbo about whether and how the UK would follow the EU’s measures, although the expectation was that it would do so London is an important insurance market for the transport of oil. Protection and indemnity insurance covers companies...

As inflation crisis hits Britain, healthy diets are a casualty

by AIP Online Bureau | Oct 30, 2022 | Eco/Invest/Demography, Facts, Health

Close to 10 million adults – or one in five households – are unable to put enough food on the table, with some skipping meals or going without for an entire day, the charity’s nationwide survey carried out in late September suggests. That’s double...
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