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Roberts to lead Global Renewable Energy biz of Marsh JLT SpecialtyLondon:

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...

Wildlife diseases poised to spread northwards as climate changes: study

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....

Internal failures most frequent cause of cyber claims,brings expensive losses for companies: Allianz

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...

Tysers ramps up its Asia and Australasia Marine and Aviation Team

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...

Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva

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...

Nobel scientists urge face mask rethink as Sweden’s COVID cases climb

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...

Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion

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...

General Motors follows Tesla,launches its own auto insurance

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...

India ranks 77 in global bribery risk matrix

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...

‘Too soon’ to let Boeing 737 MAX fly again, say families of Lion Air crash victims

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...
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