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  7 EU nations start issuing Covid certs

by AIP Online Bureau | Jun 2, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

A digital Covid certificate system that will facilitate travel within the EU became operational ahead of schedule in seven countries on Tuesday. The ‘digital green certificate’ records whether people have been fully vaccinated, recovered from the virus or...

Scott Sayce appointed Global Head of Cyber at Allianz Global Corporate & Specialty

by AIP Online Bureau | Jun 2, 2021 | International News, Non-Life, Risk Management, Technology

  London/Munich: Scott Sayce will join Allianz Global Corporate & Specialty (AGCS) as Global Head of Cyber, based in London effective September 1, 2021,  He will steer AGCS’s cyber underwriting business, reporting to Shanil Williams,...

Willis Towers Watson launches new Sports and Entertainment Industry Group

by AIP Online Bureau | Jun 2, 2021 | Intermediaries, International News, Non-Life, Reinsurance

  LONDON: Willis Towers Watson, a leading global advisory, broking and solutions company, today announced the launch of a new Sports & Entertainment Industry Group which will support the Willis Towers Watson (WTW) global network with Sports &...

Tencent-owned startup reinsurer FuSure receives license for Hong Kong operation

by AIP Online Bureau | Jun 2, 2021 | International News, Non-Life, Reinsurance, Technology

  Hong Kong: Hong Kong based FuSure Reinsurance Company,has received a licence as a general professional reinsurer from the Insurance Authority. Limited, Hong Kong).,has been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit...

HDFC ERGO partners with Visa to provide specialised covers for business cardholders

by AIP Online Bureau | Jun 2, 2021 | Indian News, Non-Life, Reinsurance

Mumbai: HDFC ERGO General Insurance, India’s leading private sector general insurance company, announced its partnership with Visa, the leader in digital payments. The partnership will provide curated insurance covers for Visa’s business cardholders. To...

India launches global initiative for clean energy innovation

by AIP Online Bureau | Jun 2, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: India on Wednesday launched the Mission Innovation CleanTech Exchange, a global initiative, that will create a network of incubators across member countries to accelerate clean energy innovation. The network, launched virtually at the Innovating to...

Howden launches Parhelion, world’s first fully sustainable insurer

by AIP Online Bureau | Jun 2, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, International News, Non-Life

  London, June 02: Howden, the international insurance broker, today announced the launch of Parhelion, the world’s first fully sustainable insurer. Parhelion is targeting a capital raise of $500m and is being advised by Howden Capital Markets and...

Covid-19 claims cost life reinsurers billions

by AIP Online Bureau | Jun 2, 2021 | Eco/Invest/Demography, Health, International News, Life, Pandemic, Reinsurance

  The cumulative cost of COVID-19 claims for the largest life reinsurers hit $4.4 billion in the first quarter of the year as mortality rates spiked, a new report published by Bloomberg Intelligence (BI) says. BI estimates Swiss Re accounted for around 35% of...

Google claims new IT rules not applicable to its search engine, HC seeks Centre’s stand

by AIP Online Bureau | Jun 2, 2021 | Indian News, Risk Management, Technology

  New Delhi: US-based Google LLC has contended that India's new IT rules for digital media are not applicable to its search engine, and urged the Delhi High Court on Wednesday to set aside its single judge order which applied them to the company while dealing...

Miners still trapped in Meghalaya coal mine, rain hampers rescue efforts

by AIP Online Bureau | Jun 2, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News

  Shillong: Heavy rainfall on Tuesday is hampering operations to rescue at least five miners trapped for two days deep inside an illegal rat-hole coal pit in Meghalayas East Jaintia Hills district, officials said. The district administration has identified five...
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