by AIP Online Bureau | Apr 14, 2022 | International News, Technology
Elon Musk After his stake became public, Musk immediately began appealing to fellow users about prospective moves, from turning Twitter’s San Francisco headquarters into a homeless shelter and adding an edit button for tweets to granting automatic verification marks...
by AIP Online Bureau | Apr 14, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Roughly 64.8% of the world population has received at least one dose of a COVID vaccine, although only 14.8% of people in low-income countries have received at least one dose, according to figures from Our World in Data Since 2020, about 37% of the world’s COVID...
by AIP Online Bureau | Apr 14, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“The damages seem quite severe and we have received a significant volume of claims. We expect a significant number of new claims will be reported in the coming days, and we have mobilized our teams to deal with the expected volumes to ensure continuity of customer...
by AIP Online Bureau | Apr 14, 2022 | International News, Non-Life, Reinsurance, Risk Management
Product will be available as an add-on to TMK’s Intellectual Property (IP) Infringement Defence Policy and features limits of up to USD3m TMK, a leading specialist insurer, has launched IP Abatement insurance for clients in the US. The product will be available for...
by AIP Online Bureau | Apr 14, 2022 | International News, Reinsurance
The transaction, which covers underwriting risks across the entire Swiss Re Group, is the first of its kind to combine both bank financing and insurance-linked securities Zurich: Swiss Re has successfully closed an innovative multi-year stop-loss transaction, with...
by AIP Online Bureau | Apr 14, 2022 | Articles, Disaster & Management, Eco/Invest/Demography
The first quarter is typically the quietest of the year, though 2022 marked the sixth consecutive year to record more than $10 billion in insured losses The preliminary Q1 overall economic loss was $31 billion. Public and private insurers covered $14 billion of this...
by AIP Online Bureau | Apr 14, 2022 | Eco/Invest/Demography, International News, Policy, Regulation, Technology
Although NFTs could contribute to China’s digital economy, they could also lead to speculative trading, money laundering, and illegal financing, said the trio, who also issued a joint ban on cryptocurrency trading last year NFTs must not be used in the issuance...
by AIP Online Bureau | Apr 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Almost 2,000 climate change-related lawsuits have been launched around the world to date, the bulk in the last seven years, London’s Grantham Research Institute on Climate Change and the Environment showed Britain on [April 6] became the first G20 country to make it...
by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, International News, Policy
Inflation readings across the region — China, India, Indonesia, Philippines, Thailand and South Korea — recently rose more than forecast, while New Zealand on Wednesday hiked rates by the most in 22 years over price worries. And accelerating manufacturing...
by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, International News, Pandemic, Policy
In a joint statement, the leaders of the four institutions warned that the war in Ukraine was adding to existing pressures from the COVID-19 crisis, climate change and increased fragility and conflict, threatening millions of people worldwide The World Bank,...
