by AIP Online Bureau | Mar 30, 2019 | Eco/Invest/Demography, Health, International News
Praia, Cabo Verde: The World Health Organization (WHO) estimates that nearly 630 million years of healthy life were lost in 2015 due to the diseases afflicting the population across its 47 Member States in Africa, now amounting to a loss of more than 2.4...
by AIP Online Bureau | Mar 30, 2019 | Climate, Environment, Renewable Energy, International News, Risk Management
AT&T paid Argonne $375,000 to model flooding, hurricane and wind storms at the neighborhood level in Florida, Georgia, North Carolina and South Carolina, according to Charlene Lake, the company’s chief sustainability officer and senior vice president...
by AIP Online Bureau | Mar 29, 2019 | Health, International News, Risk Management
A U.S. jury on Wednesday awarded $80 million to a man who claimed his use of Bayer AG’s glyphosate-based weed killer Roundup caused his cancer, in the latest legal setback for the company facing thousands of similar lawsuits. The jury in San Francisco...
by AIP Online Bureau | Mar 29, 2019 | Indian News, Life, Non-Life, Regulation
Hyderabad: The insurance regulator IRDAI has finally approved a set of significant changes in the current regulations on product guidelines for linked and non-linked life insurance policies that would impact designing term, credit life and micro-insurance...
by AIP Online Bureau | Mar 29, 2019 | Indian News, Non-Life, Regulation
Hyderabad: With the enforcement of code of conducts, due to forthcoming general election, the insurance regulator IRDAI has deferred its annual revision of third party motor tariff, which is normally revised on Apr 1 of every year, for the time being. ...
by AIP Online Bureau | Mar 28, 2019 | Eco/Invest/Demography, International News
BOAO, China: China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday.The government will also work on more favorable policies for foreign...
by AIP Online Bureau | Mar 28, 2019 | International News
TOKYO: Japan has extended state-backed insurance to cover imports of oil from Iran, potentially allowing the country’s refiners to continue loading crude cargoes from the Middle Eastern nation, a government official told Reuters on Thursday. The rollover...
by AIP Online Bureau | Mar 28, 2019 | International News, Reinsurance
London: Loyd's of London recorded a loss of 1 billion pounds in 2018 due to major natural catastrophes, it said on Wednesday. The 330-year old insurance market suffered a 2 billion pound loss in 2017. A string of natural catastrophes around the...
by AIP Online Bureau | Mar 27, 2019 | Indian News, Non-Life
Mumbai: The newly appointed CMD of New India Assurance, Atul Sahai, has expressed his concern over the ongoing alleged market practices, resorted to, by some of the companies violating the existing regulations in growing their motor business, the largest...
by AIP Online Bureau | Mar 26, 2019 | International News, Risk Management
London: Lloyd’s of London outlined a plan to address allegations of sexual harassment by setting up an independent whistleblower hotline and laying out potential lifetime bans for inappropriate behaviour. The proposals were agreed upon at an emergency...