by AIP Online Bureau | Apr 11, 2024 | International News, Non-Life, Reinsurance
John Neal, Lloyd’s CEO said,“The Americas represents over 60 per cent of our market’s total premium and as we look to increase our presence, it is vital that we have the right people on the ground to deliver our ambitions. The appointment of Dawn and Marc to their new...
by AIP Online Bureau | Apr 11, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation, Risk Management
Debasish Panda,chairman,IRDAI Though, earlier, IRDAI had set a deadline of July 2024 for the Bima Sugam project to go live, observers point out delay in operation as the set of key components of this insurance electronic marketplace , including forming a...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Risk Management
There was no immediate word from other international airlines that fly to Tehran. Iranian air space is also a key overflight route for Emirates’ and Qatar Airways’ flights to North America.Iranian Supreme Leader Ayatollah Ali Khamenei said Israel...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Mercenary spyware attacks are rare and vastly more sophisticated than regular cybercriminal activity or malware, according to the notification email. The iPhone-maker has sent threat notifications such as these multiple times a year since 2021, the notification email...
by AIP Online Bureau | Apr 11, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Preliminary data for the first three months of 2024 show almost double the average number of fires, although these did not have major impact in terms of burnt areas According to the report, the wildfires produced some 20 megatonnes of CO2 emissions, equivalent to...
by AIP Online Bureau | Apr 11, 2024 | Workplace/Employee Benefits
Ping An Trust apologized on Wednesday to its customers for postponing the payment, and blamed the overall downturn in the real estate market. It said it is suing defaulted Chinese developer Zhenro Properties Group Ltd., and actively looking for ways to recoup...
by AIP Online Bureau | Apr 11, 2024 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Policy, Regulation, Risk Management
This is the first time a regional human rights court has ruled that countries can violate human rights by failing to reduce their climate-warming emissions fast enough.The Court said it interpreted the European Convention on Human Rights language on a right to private...
by AIP Online Bureau | Apr 11, 2024 | International News, Risk Management, Technology
The latest allegations cast Boeing in an unfavorable light as it grapples with a crisis of confidence after the Jan. 5 panel blowout. While nobody on that flight was seriously hurt, the issue has put the spotlight on Boeing’s manufacturing and safety procedures and...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
As unrest can now spread more quickly and widely, thanks in part to social media, financial costs from such events for companies and insurers are mounting. Economic and insured losses from just seven civil unrest incidents in recent years cost approximately US$13bn...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
“The outlook revision reflects increasing risks to China’s public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth...
