by AIP Online Bureau | Mar 7, 2022 | Eco/Invest/Demography, International News, Risk Management
“There is so much more capital in the system. Russia is not that big. Risk management is better,” Schamis said, comparing the situation now to the financial crisis in 2008 when he had a front-row seat as someone with capital to invest Western allies’ sanctions...
by AIP Online Bureau | Mar 7, 2022 | Intermediaries, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
There is a significant growth in demand for M&A insurance in APAC, with clients seeking to manage the transactional risks that arise in the course of M&A transactions There were 20,694 deals in APAC with an aggregate value of USD 1.193 trillion, up from 17,745...
by AIP Online Bureau | Mar 7, 2022 | International News, Non-Life, Reinsurance, Risk Management
Many global and regional reinsurers have exposure to Russia, as well as some industrial line writers. As of now global reinsurers’ exposure is very limited, in most cases less than 1% of assets and existing liabilities, in some cases even less than 0.1%....
by AIP Online Bureau | Mar 7, 2022 | International News, Risk Management, Technology
In another worrying development, the regulator said that all communications have been lost with the enterprises and institutions in the port city of Mariupol that use category 1-3 radiation sources, and there is no information about their status. Such radioactive...
by AIP Online Bureau | Mar 7, 2022 | Eco/Invest/Demography, International News
Experts said it is hard to reverse a situation where social conditions have changed and attitudes towards having children are now coloured by concerns over rising debt and elderly care Bangkok: Thailand is scrambling to encourage its people to have more babies to...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News
While there have not yet been global disruptions to wheat supplies, prices have surged 55 per cent since a week before the invasion amid concerns about what could happen next. If the war is prolonged, countries that rely on affordable wheat exports from Ukraine could...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, Facts, International News, Wealth Management/ Philanthropy
Working with the U.K.-based yacht valuation firm VesselsValue, the AP compiled a list of 56 superyachts — generally defined as luxury vessels exceeding 24 meters (79 feet) in length — believed to be owned by a few dozen Kremlin-aligned oligarchs, seaborne assets with...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”The market sentiments have been impacted globally by the uncertainty triggered by the war and the surge in crude,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Mumbai: Foreign portfolio investors (FPIs) pulled out as much...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Policy
Russia has banned Western airlines from Russian space. Ford has discontinued operations, but its joint venture partner still has a factory in the country. Many other automakers, including France’s Renault and Japan’s Toyota Motor Corp, have described...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Reinsurance, Risk Management
The threat to banks with over US$100 billion of Russian debt in foreign banks, this raises questions about the risks to banks outside Russia – and the potential for a default to kick off a 2008-style liquidity crisis, where banks panic about the state of other...
