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Key appointments made for governance and delivery of the Future at Lloyd’s
John Neal, Lloyd’s Chief Executive Officer, said:“Since the launch of Blueprint One, we have focused on designing a carefully structured and managed approach to planning and execution to allow regular delivery of value to the market. With robust governance and oversight now in place, and the funds for delivery secured, we have every confidence in the successful delivery of the Future at Lloyd’s.”
Victor Launches Lloyd’s Syndicate 2288
“We have extensive history with Lloyd’s as a coverholder and are delighted to broaden our strategic relationship with such a vital market. Lloyd’s digital-forward approach aligns well with Victor’s digital innovation and our international expansion plans,” said Anthony Stevens, president of Victor International.
Passenger vehicle sales decline marginally in November
Willis Towers Watson launches new software for IFRS 17
IRDAI seeks suggestions from industry players on FDI hike
India among top 10 countries with higher climate performance: Report
“The new Climate Change Performance Index shows signs of a global turnaround in emissions, including declining coal consumption,” said Ursula Hagen, one of the authors of the index jointly presented by Germanwatch, NewClimate Institute and Climate Action Network (CAN).
“However, several large countries are still trying to resist this trend – above all the US. We see opportunities for a halt to rising global emissions – but much will depend on further developments in China and the elections in the USA. Both countries are at cross roads,” Hagen said.
Climate regulations could disrupt investment strategies
AXA XL appoints Stephen Nguyen as Client Management Leader, Asia
Craig Langham, regional hub leader, Asia Pacific- Insurance added: “Asia is fast evolving, with disruptive technologies and emerging risks impacting traditional business models. Clients now look beyond current risks to ensure they are prepared for the risks of tomorrow, and there have never been more opportunities for AXA XL to make a difference to our clients and brokers. Growing our client and distribution team is one of the ways that we demonstrate our commitment to the market”
China’s crackdown on illegal meat puts India’s $2-bn trade at risk
China has adopted stricter border controls due to African swine fever, meaning Indian buffalo meat exports into China that usually flow through Vietnam has all but stopped. Indian exporters are now hoping Indonesia can more than triple its meat imports from the South Asian nation to make up for the heavy losses this year.
WTW partners with Tricor Hong Kong on people and risk mitigation solutions to its 50,000 global clients
This new partnership will enable Tricor clients base of Fortune 500 listed companies access to offerings and services from Willis Towers Watson (WTW), which include workforce protection and risk transfer solutions. WTW will also complement Tricor’s business solutions and facilitate companies, with mainland Chinese business footprint, in their expansion into the growing markets in Asia, as well as support companies at every stage of their pre-and-post IPO process.
Health experts warn of emerging threat of Nipah virus
Germany, Global Parametrics and Hannover Re unvel a new Natural Disaster Fund Deutschland
Dr. Maria Flachsbarth, Parliamentary State Secretary to the Federal Minister for Economic Cooperation and Development (BMZ), said, “The NDF is an innovative mechanism that brings together public and private insurance players for the benefit of poor and vulnerable people who far too often face a protection gap. While about 50 percent of disaster losses are covered by insurance in high-income countries, the corresponding proportion in poorer countries is less than five percent. The BMZ is committed to help closing this gap through a substantive contribution to the NDF”.
New microenterprise project to make farming profitable for half a million Bangladeshi families
Anti-Maritime Piracy Bill introduced in Lok Sabha
India climbs one spot to 129th in 2019 human development index: UNDP
500 electric cabs to hit Delhi roads this month to combat air pollution
Going big on zero emissions, the start-up for the benefit of its prospective customers also claims to follow a strict policy of zero surge pricing and zero cancellations.”The customers can book cabs without worrying about the hike in the price and they will have the ability to cancel the ride without paying for it,” it added.