by AIP Online Bureau | Jul 26, 2018 | International News, Reinsurance
Paris: The French reinsurer SCOR has delivered a disciplined growth in the first half of 2018 through development of the Life franchise in Asia-Pacific and financial solutions, and successful P&C renewals with continued price and volume...
by AIP Online Bureau | Jul 26, 2018 | Articles
The incessant drumbeat of the headlines notwithstanding, most parts of the world are indeed becoming safer, more resilient and more prosperous. Since 1990, for instance, the percentage of the world’s population living in extreme poverty has declined from...
by AIP Online Bureau | Jul 26, 2018 | Indian News
Bengaluru: Digit Insurance, with investment from Indian born Canadian billionaire Prem Watsa’s Fairfax Holdings,has raised $44 million in a second round of funding. Fairfax Holdings has invested second round of capital ($45 million) in Digit...
by AIP Online Bureau | Jul 26, 2018 | International News, Risk Management, Technology
ARLINGTON: Despite global trends pointing toward an increase in frequency and severity around intellectual property (IP) litigation, multinational companies today are falling short in managing the financial impact of their IP risks, according to Willis Towers...
by AIP Online Bureau | Jul 26, 2018 | Eco/Invest/Demography, International News, Technology
NEW YORK: Slice Labs Inc, the first company in the U.S. to offer cloud-based on-demand insurance, announced today that XL Catlin is creating the world’s first on-demand cyber insurance solution for U.S. small and medium-sized business (SMBs) and built on...
by AIP Online Bureau | Jul 26, 2018 | International News, Regulation
Seattle: Milliman Inc, a premier global consulting and actuarial firm, announced the release of its latest report, entitled "Regulatory diversity across Asia," which provides an insightful analysis on current regulations applicable to life...
by AIP Online Bureau | Jul 25, 2018 | Health, Indian News, Regulation
Hyderabad: The insurance regulator IRDAI has formed a panel under the chairmanship of Suresh Mathur, executive director,IRDAI, to suggest measures to bring in standardisation and to enhance transparency and uniformity in the health insurance, particularly...
by AIP Online Bureau | Jul 25, 2018 | International News
UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. MIB is the UK’s not-for-profit body which deals with the claims from...
by AIP Online Bureau | Jul 25, 2018 | Climate, Environment, Renewable Energy, Facts
Poring over four decades of satellite data, climate scientists have concluded for the first time that humans are pushing seasonal temperatures out of balance—shifting what one researcher called the very “march of the seasons themselves.”...
by AIP Online Bureau | Jul 25, 2018 | International News, Technology
SoftBank Group Corp. plans to announce within days that it will start a mobile digital payments service in Japan by the end of 2018 as billionaire founder Masayoshi Son seeks to expand in the sector, people familiar with the matter said. The service, a...