by AIP Online Bureau | Nov 19, 2020 | Climate, Environment, Renewable Energy, Intermediaries, International News, Reinsurance, Risk Management
London: Marsh, the largest global insurance broker and risk adviser, announced the appointment of Hamish Roberts as global renewable energy leader, Marsh JLT Specialty. Effective 1 January, Roberts will continue to be based in London and will report to Andrew...
by AIP Online Bureau | Nov 19, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Non-Life
ANCHORAGE: As the world’s climate warms, parasite-carried wildlife diseases will move north, with animals in cold far-north and high-altitude regions expected to suffer the most dramatic increases, warns a study to be published on Friday in the journal Science....
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News
LONDON/SINGAPORE: External attacks on companies result in the most expensive cyber insurance losses but it is employee mistakes and technical problems that are the most frequent generator of claims by number, according to a new report from Allianz Global...
by AIP Online Bureau | Nov 19, 2020 | International News, Non-Life, Reinsurance
London: An independent Lloyd’s broker Tysers is ramping up its Asia and Australasia Marine and Aviation Team, which accounts for a third of the department’s business, with two Far East regional specialists. Jane Smart has joined Tysers from Swiss Re...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Washington: The global economy is recovering from the depths of the coronavirus crisis, but there are signs of slowing momentum in countries with resurging infection rates, the International Monetary Fund said in a new report for G20 major economies. The...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
STOCKHOLM: Sweden should rethink its decision not to recommend the use of face masks to prevent the spread of the novel coronavirus amid a second wave of infections, the Royal Academy of Sciences, which awards the Nobel prizes, said on Thursday. Sweden’s...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
Exchange operator Nasdaq Inc said on Thursday it would buy anti-financial crime software firm Verafin for $2.75 billion in cash, significantly expanding its reach in the regulatory technology market.Verafin, founded in 2003, provides more than 2,000 financial...
by AIP Online Bureau | Nov 19, 2020 | International News, Non-Life, Risk Management, Technology
DETROIT: US auto major GM announced on Wednesday it will take its relentless focus on safety and delivering a world-class customer experience one step further with OnStar Insurance. General Motors Co. on Wednesday launched an auto insurance program with the...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Risk Management
New Delhi: India is at 77th position with a score of 45 in a global list that measures business bribery risks of 2020. The list by TRACE, an anti-bribery standard setting organisation, measures business bribery risk in 194 countries, territories, and autonomous...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
JAKARTA: Some of the relatives of victims of a fatal Boeing 737 MAX crash in Indonesia have slammed a decision by U.S. aviation authorities to allow the jets to return to the skies, saying the move comes too soon. The U.S. Federal Aviation Administration (FAA) on...