by AIP Online Bureau | Aug 4, 2022 | International News, Non-Life, Regulation, Reinsurance
Lloyd’s members and managing agents will be able to use the new vehicle to manage their capital and risk management requirements by attracting new sources of capital and reinsurance protection. London: Lloyd’s today announced that it has received regulatory approval...
by AIP Online Bureau | Jul 19, 2022 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits
“Just from a human perspective it’s a sign that you’re not supporting all employees equally,” said Julia Taylor Kennedy, executive vice president for Coqual in an interview with Bloomberg News. “From a business perspective it shows that you’re not actually retaining...
by AIP Online Bureau | Jul 11, 2022 | Facts, Life, Non-Life
Of those in serious financial difficulty, 71% have reduced the quality of food they eat, 36% have sold or pawned possessions and 27% have canceled or not renewed insurance London: The number of UK households facing acute financial strain has risen by almost 60% since...
by AIP Online Bureau | Jul 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Rishi Sunak,British Chancellor “Financial service is an area where there’s an enormous opportunity for both of our countries. India’s goal is to spread insurance across the entire economy because insurance is a great thing for enabling protection for...
by AIP Online Bureau | Jun 28, 2022 | International News, Life, Non-Life, Reinsurance
Rishi Sunak, finance minister,UK Britain inherited Solvency II rules from the European Union, and reforming them is seen by the 2.2 trillion pound ($2.70 trillion) insurance industry and government as important for keeping the country’s financial sector globally...
