by AIP Online Bureau | Dec 11, 2019 | International News, Reinsurance
London: As part of the transition and execution planning underway following the launch of the Future at Lloyd’s Blueprint One, Lloyd’s today announced key appointments for the governance and delivery of the programme together with confirmation of...
by AIP Online Bureau | Dec 11, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
SAN FRANCISCO: About one-fifth of the California Public Employees’ Retirement System public markets portfolio is exposed to potential losses from climate change, the $381 billion pension fund manager reported this week in its first ever climate-risk disclosure...
by AIP Online Bureau | Dec 11, 2019 | Eco/Invest/Demography, International News, Life, Regulation
Beijing: China will remove foreign ownership caps for life insurers and the foreign shareholding can reach 100 per cent in the sector from 1 January 2020. Earlier, China had said it would remove foreign ownership caps for life insurers,...
by AIP Online Bureau | Dec 10, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering carbon...
by AIP Online Bureau | Dec 10, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
New Delhi: India, for the first time, ranks among the top 10 in this year's Climate Change Performance Index (CCPI) presented on Tuesday at the COP25 climate summit here. The current levels of per capita emissions and energy use in India, ranked 9th in the...
by AIP Online Bureau | Dec 10, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life
Mumbai: Expecting that the government may raise foreign direct investment (FDI) from 49 per cent to 74 per cent in the forthcoming Budget, shares of many insurance companies and GIC Re have gone up on Tuesday. In the morning trade on Tuesday, HDFC...
by AIP Online Bureau | Dec 10, 2019 | Eco/Invest/Demography, International News, Life, Non-Life
Singapore: Willis Towers Watson has launched ResQ Financial Reporter, an out-of-the-box software solution designed to help P&C insurers implement IFRS 17, one of the most significant and complex changes to insurance accounting requirements for a generation....
by AIP Online Bureau | Dec 10, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Domestic passenger vehicle sales declined 0.84 percent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Domestic car sales were down 10.83 percent to 1,60,306 units as against 1,79,783 units in November 2018, according to...
by AIP Online Bureau | Dec 9, 2019 | Eco/Invest/Demography, International News
EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalisation, Europe’s antitrust chief Margrethe Vestager said on Monday. ...
by AIP Online Bureau | Dec 9, 2019 | Uncategorized
New Zealand police said early on Tuesday they did not expect to find any more survivors from a volcanic eruption that killed at least five people, injured up to 20 and left an unknown number unaccounted for. The volcano, off New Zealand’s North Island,...
