by AIP Online Bureau | Oct 9, 2020 | Eco/Invest/Demography, International News
London: A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China's "trail blazing" and leapfrog private projects like Facebook Inc's FB.O Libra...
by AIP Online Bureau | Oct 9, 2020 | Eco/Invest/Demography, International News
OSLO/GENEVA: The United Nations’ World Food Programme (WFP) won the Nobel Peace Prize on Friday for its efforts to combat hunger around the world and improve conditions for peace in areas affected by conflict. The Rome-based organisation says it helps...
by AIP Online Bureau | Oct 9, 2020 | Eco/Invest/Demography, International News, Non-Life
London: Premium income for the London company market grew by 10% last year with £21.436bn of large commercial and wholesale risks underwritten by firms in the City. A new report from the International Underwriting Association’s also shows a further...
by AIP Online Bureau | Oct 9, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: Lloyd’s, the world’s leading specialist insurance and reinsurance market, today announced a new report: Cities at risk – Building a resilient future for the world’s urban centres, published in association with Urban Foresight and...
by AIP Online Bureau | Oct 9, 2020 | International News, Reinsurance
RICHMOND, Va Markel Corporation announced today that it is creating one center of expertise for the global property catastrophe (CAT) reinsurance market by closing its Markel Global Reinsurance property CAT unit and having Nephila become Markel's...
by AIP Online Bureau | Oct 9, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
BEIJING China said on Friday it has joined a global COVID-19 vaccine initiative co-led by the World Health Organization (WHO), becoming the biggest economy to date to pledge support to help buy and distribute the shots fairly. The move by China, where the new...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India's COVID-19 tally of cases went past 69 lakh with 70,496 infections being reported in a day, while active cases of infection fell below 9 lakh after a month comprising 12.94 per cent of the total caseload, according to the Union Health...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Hong Kong: AXA XL Insurance today announced appointments for its Asia & Europe Business Unit, following the implementation on October 1st of its new insurance operating model. The appointments include: • Marine Charbonnier, Global...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
A U.S. government weather forecaster on Thursday said there is an 85% chance of La Niña conditions continuing through the upcoming Northern Hemisphere winter. The chance of the weather pattern continuing into the spring of 2021, from February to April, was...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, International News, Regulation, Risk Management
HONG KONG: Ant Group's $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and analysts said. U.S. President...
