by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
BRUSSELS: Facebook, Alphabet-owned YouTube, Twitter and other social media will for the first time be subject to EU broadcasting rules on hate speech and harmful content under European Commission guidelines announced on Thursday. The amendments to the...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic
MUNICH/FRANKFURT: Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second major outbreak or financial market correction, the German insurer’s chief executive said in an interview. Allianz is...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, International News, Risk Management
Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four accounting firms facing a major cultural problem that regulators may struggle to resolve. The 1.9 billion euros ($2.1...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, International News
JOHANNESBURG: Virus-related claims from just over 500 small South African firms battling insurers who have rejected them are worth up to 4 billion rand ($232 million), the firm representing the businesses has calculated. Loss adjustment firm Insurance...
by AIP Online Bureau | Jul 3, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management
Myanmar: A landslide at a jade mine in northern Myanmar killed at least 126 people, with more feared dead, authorities said on Thursday, after a heap of mining waste collapsed into a lake and buried many workers under mud and water. The miners were collecting...
by AIP Online Bureau | Jul 2, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London: Responding to the development that Wimbledon is not able to renew its business interruption policy with pandemic inclusion after its large payout;Ben Carey-Evans, Insurance Analyst at GlobalData said, “Major events and sporting tournaments...
by AIP Online Bureau | Jul 2, 2020 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography
In the twilight years of past civilisations, astrologers would scour the heavens for signs of impending calamity. In an era where climate change is eroding age-old certainties, a new cast of characters is searching for answers in the sky. A small but growing...
by AIP Online Bureau | Jul 2, 2020 | International News, Life
HONG KONG: FWD Management Holdings Limited, the Hong Kong registered business of FWD Group, announced it has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited from MetLife, Inc. (NYSE: MET). The...
by AIP Online Bureau | Jul 2, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: India''s COVID-19 tally zoomed past six lakh cases on Thursday with a single-day increase of 19,148 cases, just five days after it crossed the five-lakh mark, while the death toll rose to 17,834, according to the Union...
by AIP Online Bureau | Jul 2, 2020 | Eco/Invest/Demography, Facts, Non-Life
Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that’s relied on internal combustion engines for more than 130 years. Shares of...
