by AIP Online Bureau | Nov 7, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
For 2024 and 2025, PCRIC now provides insurance for tropical cyclones, heavy rain, earthquake, and tsunami risk to six Pacific governments: the Cook Islands, Fiji, Niue, Tonga, Samoa, and Vanuatu, as well as the state-owned telecommunications company PNG DataCo in...
by AIP Online Bureau | Nov 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy
The package includes direct aid for households, self-employed workers and firms; state-backed credit guarantees for companies and residents; and funds for city governments to pay for repairs and reconstruction. Spanish Prime Minister Pedro Sanchez announced the first...
by AIP Online Bureau | Nov 6, 2024 | International News, Non-Life, Reinsurance, Technology
The acquisition will expand Allianz Direct’s footprint further into the B2B2C segment as it is taking over more than 130,000 iptiQ customers. The transaction is in line with Allianz Direct’s goal to expand its B2B2C operations as it can capitalise on...
by AIP Online Bureau | Nov 5, 2024 | Indian News, Non-Life
Amit Ganoakar, MD &CEO designate, Tata AIG General Insurance Market sources pointed out that though there has been no public announcement about the appointment of Ganoakar, Tata Group has already informed the employees through a mail Mumbai: The Tata Group has...
by AIP Online Bureau | Nov 4, 2024 | Health, Indian News, Wealth Management/ Philanthropy
Krishnan Ramachandran, managing director (MD) and chief executive officer (CEO), Niva Bupa Health Insurance The IPO is a combination of fresh issuance of equity shares worth Rs 800 crore and an offer for sale of up to Rs 1,400 crore by promoters. The company reduced...
by AIP Online Bureau | Nov 4, 2024 | International News, Non-Life, Reinsurance
Nathan Adams, Chief People Officer, Lloyd’s John Neal, chief executive officer, Lloyd’s, said: “Nathan is a strong leader with outstanding experience driving the People agenda in large organisations. He will be a great addition to the team as we continue to...
by AIP Online Bureau | Nov 4, 2024 | Health, Indian News, Life, Non-Life, Regulation
The new regulation will bring flexibility in conducting number of meetings rather than hardcoding the number of meetings and considering financial year instead of calendar for reckoning the number of meetings, said the IRDAI on Monday. Hyderabad:The Indian insurance...
by AIP Online Bureau | Nov 3, 2024 | Eco/Invest/Demography, Health, Indian News, Pension & Social Security
According to the case details, the former soldier was enrolled in the Army on January 20, 2003, and was discharged from service on October 31, 2019, “at his own request on compassionate ground before completion of terms of engagement” in the medical category “due to...
by AIP Online Bureau | Nov 3, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Policy, Risk Management
An extremely hot Mediterranean and warmer air temperatures exacerbated a type of storm system that is becoming more common in the Iberian peninsula due to global warming Floods that killed more than 200 people in eastern Spain this week were caused by a storm that...
by AIP Online Bureau | Nov 3, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management
Companies such as Toyota Motor Corp. and Ford Motor Co. have modified DEI initiatives after being attacked. After a backlash against DEI programs by conservative activists, a majority of executives in a new survey said that their companies have changed how the...