by AIP Online Bureau | Jun 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Commercial insurers are scrutinizing building managers’ efforts to avoid outbreaks of Legionnaires’ disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the coronavirus pandemic, industry sources...
by AIP Online Bureau | Jun 19, 2020 | Uncategorized
LONDON: Clear screens on underwriting boxes, temperature-check thermal cameras and a click and collect take-away catering service are among changes Lloyd’s of London insurance workers will see when they return to the office in September. Having shut its London...
by AIP Online Bureau | Jun 19, 2020 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: ICICI Bank on Friday sold 3.6 per cent stake in ICICI Lombard General Insurance Company for around Rs 2,250 crore.Post the divestment, ICICI Bank''s stake in its general insurance stands at around 51.9 per cent. The development comes after the...
by AIP Online Bureau | Jun 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: India on Friday added 13,586 new COVID-19 cases for the first time in a single day, pushing the tally to 3,80,532, while the death toll rose to 12,573 with 336 new fatalities, according to the Union Health Ministry data. In some positive news,...
by AIP Online Bureau | Jun 19, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
California: North Carolina and a string of U.S. cities mandated or urged mandatory mask use on Thursday to get a grip on spiraling coronavirus cases as at least six states set daily records. Putting aside concerns about individual rights and political...
by AIP Online Bureau | Jun 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
BEIJING: About 20% of projects under China’s ambitious Belt and Road Initiative (BRI) to link Asia, Europe and beyond have been “seriously affected” by the coronavirus pandemic, an official from China’s Ministry of Foreign Affairs said on...
by AIP Online Bureau | Jun 19, 2020 | International News, Reinsurance
Zurich: Swiss Re announced today the appointment of Thierry Léger as the Group Chief Underwriting Officer, effective 1 September 2020. He succeeds Edi Schmid, who has decided to step down from the Group Executive Committee for...
by AIP Online Bureau | Jun 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Canberra: Australia's government and institutions are being targeted by ongoing sophisticated state-based cyber hacks, Prime Minister Scott Morrison said.Speaking on Friday, Morrison said officials had identified it as a state hack "because of the...
by AIP Online Bureau | Jun 18, 2020 | Interviews, Non-Life, Reinsurance
Which are the segments of business where GIC Re is seeking leadership globally? GIC Re has emerged as a major regional reinsurer and aspires to grow into a major global reinsurer. This is on account of our higher share of domestic reinsurance...
by AIP Online Bureau | Jun 18, 2020 | International News, Non-Life, Reinsurance
London: The Lloyd's of London insurance market has apologised for its "shameful" role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities and organisations promoting opportunities for black and ethnic minority...