by AIP Online Bureau | Jun 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Copenhagen: Following the UN Secretary-General António Guterres’s call on insurance companies to stop underwriting fossil fuels earlier this month at the Insurance Development Forum, major Korean insurers are stopping new insurance coverage for...
by AIP Online Bureau | Jun 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
New Delhi: Green hydrogen would be brought under renewable purchase obligation (RPO), Power and New & Renewable Energy Minister R K Singh said on Tuesday. Under RPO, bulk purchasers like discoms, open access consumers and captive users are required to buy a...
by AIP Online Bureau | Jun 22, 2021 | Intermediaries, International News, Non-Life, Reinsurance
Sydney: – Howden, the international insurance broker, today announced the appointment of Matt Bacon as CEO, Howden Australia, one of the newest entrants to the Australian broker market. Matt joins alongside Stuart McKellar, appointed Head of Commercial...
by AIP Online Bureau | Jun 22, 2021 | Articles, Eco/Invest/Demography, Life, Non-Life, Policy
The UK continues to be Europe’s most attractive location for international investment into financial services, according to EY’s latest UK Attractiveness Survey for Financial Services, attracting 56 projects in 2020. However, this was 43 projects...
by AIP Online Bureau | Jun 22, 2021 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Brussels: Brussels based Insurance Europe,representing undertakings that account for around 95 per cent of total European premium income, has published a series of country fact sheets that highlight the trade and market access barriers that...
by AIP Online Bureau | Jun 22, 2021 | International News, Non-Life, Reinsurance
LONDON: CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, announced today that CFC Syndicate 1988 has incepted and begun trading. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to...
by AIP Online Bureau | Jun 22, 2021 | Eco/Invest/Demography, International News, Life, Non-Life
MILAN: Assicurazioni Generali said on Tuesday it had agreed to buy rival Axa’s insurance assets in Malaysia to strengthen its presence in the Asian country. Italy’s top insurer will buy the majority stakes that France’s Axa holds in two local...
by AIP Online Bureau | Jun 22, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Regulation
LONDON: How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people to work...
by AIP Online Bureau | Jun 22, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
Mumbai: Maharashtra minister Jayant Patil on Saturday said the Karnataka government has decided to set up real-time data acquisition system (RTDAS) at its Almatti and Narayanpur dams to monitor the water level, which will help prevent recurrence of the flood...
by AIP Online Bureau | Jun 22, 2021 | Disaster & Management, International News, Non-Life, Reinsurance
ISMAILIA: The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two weeks on Sunday to allow more time for negotiations. The...
