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Families of 737 MAX crash victims to object to deal allowing Boeing to avoid prosecution

Families of 737 MAX crash victims to object to deal allowing Boeing to avoid prosecution

by AIP Online Bureau | May 18, 2025 | Eco/Invest/Demography, International News, Risk Management

The agreement would forestall a June 23 trial the planemaker faces on a fraud charge it misled U.S. regulators about a crucial flight control system on the 737 MAX, its best-selling jet WASHINGTON: Families of some of the 346 people killed in two fatal Boeing 737 MAX...
Global banking regulators agree to prioritise climate risk work

Global banking regulators agree to prioritise climate risk work

by AIP Online Bureau | May 13, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, International News, Policy, Regulation, Risk Management

The oversight body of the world’s forum for banking regulators met on Monday to take stock of the committee’s work on climate-related financial risks and agreed to prioritize efforts to understand financial risk implications of extreme weather events, the Bank for...
UnitedHealth CEO steps down; suspends 2025 outlook on higher medical costs

UnitedHealth CEO steps down; suspends 2025 outlook on higher medical costs

by AIP Online Bureau | May 13, 2025 | Eco/Invest/Demography, Health, International News, Policy, Risk Management

Andrew Witty, CEO ,UnitedHealth UnitedHealthcare is the US’ largest provider of Medicare Advantage plans, with more than 8 million customers. Those are privately run versions of the federal government coverage programme mostly for people ages 65 and older....

Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, International News, Risk Management

Still, threat levels for shipping remained high given the Houthis’ confirmation that Israeli-related assets remained open to attack and the attendant risks to broader shipping, maritime officials said. Ships with no connection to Israel had been targeted in the...
Trade War: Container liners sever US-China shipping routes across the Pacific

Trade War: Container liners sever US-China shipping routes across the Pacific

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A...
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