by AIP Online Bureau | May 25, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy
The bond has a coupon of 5.875% and matures in 2042 Christoph Jurecka,CFO, Munich Re said,“ In structuring this bond as a green bond, we are the first European insurer to break such new ground in this market segment. At the same time, the green bond supports the...
by AIP Online Bureau | May 25, 2022 | Eco/Invest/Demography, International News, Policy, Reinsurance, Risk Management
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say, to avoid breaching sanctions imposed in the wake of Moscow’s invasion of Ukraine. Even non-Russian...
by AIP Online Bureau | May 25, 2022 | International News, Risk Management
Alameda County Superior Court Judge Stephen Kaus ruled Monday that the female worker who filed the complaint can proceed in court — even though she signed an arbitration agreement giving up her right to sue. Tesla has come under fire from shareholder activists who...
by AIP Online Bureau | May 25, 2022 | Indian News, Non-Life, Wealth Management/ Philanthropy
Digit was valued at close to $4 billion earlier this month when it raised a tranche of funding. It has so far raised more than $400 million from Sequoia Capital, A91 Partners and Faering Capital, besides Fairfax MUMBAI: India’s Digit Insurance, backed by...
by AIP Online Bureau | May 25, 2022 | Data, Eco/Invest/Demography, Health
Americans had the lowest number of babies in more than four decades in 2020 The number of births in the United States grew 1% in 2021 from a pandemic-related low in 2020, marking the first increase since 2014, according to a report by the U.S. Centers for Disease...
by AIP Online Bureau | May 25, 2022 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
“Certain SpiceJet systems faced an attempted ransomware attack last night that impacted and slowed down morning flight departures today. Our IT team has contained and rectified the situation and flights are operating normally now,” the SpiceJet tweeted...
by AIP Online Bureau | May 24, 2022 | Facts, Health, Pandemic
“This study showed significantly increased risks for Covid-19 breakthrough infection in vaccinated patients with cancer, especially those undergoing active cancer care, with marked variations among specific cancer types,” said Rong Xu, Professor of...
by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
“… the pandemic is far from over. And even as we continue to fight it, we face the task of restoring essential health services, with 90 per cent of member states reporting disruption to one or more essential health services,” WHO Director-General Tedros...
by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
“Roughly 4 in 5 breaches can be attributed to organised crime, with external actors approximately 4 times more likely to cause breaches in an organization than internal actors,” the findings showed New Delhi: There has been an alarming rise in ransomware breaches...
by AIP Online Bureau | May 24, 2022 | Health, Indian News, Non-Life, Pandemic
Madhulika Bhaskar, general manager, New India Assurance, said, ” The profitability for the year was severely affected due to COVID claims, with the company settling about Rs 3760 crore worth of such claims during the year. The investment income for the...
