by AIP Online Bureau | Aug 4, 2023 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
Upcoming decisions are on a knife-edge. Pausing too early could cause financial conditions to loosen too fast, re-igniting inflationary pressures. Stopping too late could trigger a credit crunch and a recession. So far, nine developed economies have raised rates by a...
by AIP Online Bureau | Aug 4, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
The premium amount will be paid by the state government for families with income less than Rs 8 lakh and belonging to all classes including general, other backward classes, most backward classes, scheduled castes and scheduled tribes, Rajasthan Chief Minister Ashok...
by AIP Online Bureau | Aug 4, 2023 | Eco/Invest/Demography, Indian News
Gurugram, formerly known as Gurgaon, is a city of over 1.5 million people that shares a border with New Delhi. A new urban centre with glitzy high-rises, luxury hotels, malls and gated condominiums, it is home to multinational firms, large Indian corporates and...
by AIP Online Bureau | Aug 4, 2023 | Articles, Eco/Invest/Demography, Policy, Regulation, Risk Management, Technology
Privacy experts say the proposed law fails to adequately safeguard the personal data of the nation’s 1.4 billion citizens, and gives the government too much power Companies and institutions can be penalised for non-compliance, and for failing to take reasonable...
by AIP Online Bureau | Aug 3, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ukraine is considering the possibility of insuring ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing Prime Minister Denys Shmyhal. “Now we are discussing in the government and, I am sure, we will make a decision on...
by AIP Online Bureau | Aug 3, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
When it comes to disaster response, the ECB sees insurers as the first line of financial defense, backed up by reinsurers and the financial markets with instruments like catastrophe bonds. The global market for catastrophe bonds, which give insurers a payout when a...
by AIP Online Bureau | Aug 3, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management
As the world reels from the mounting impact of heat waves, droughts and fiercer storms, there is growing concern that credit rating analysts are misreading climate risks in the $133 trillion global bond market, to the detriment of creditors and borrowers alike For...
by AIP Online Bureau | Aug 3, 2023 | International News, Technology
France in 2019 enacted a copyright rule dubbed “neighboring rights” that compels large online platforms to open talks with publishers seeking remuneration for news.“Agence France-Presse has expressed its concerns over the clear refusal from Twitter (recently rebranded...
by AIP Online Bureau | Aug 3, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The severity of the flooding took the Chinese capital by surprise. Beijing usually has dry summers but had a stretch of record-breaking heat this year China`s capital has recorded its heaviest rainfall in at least 140 years over the past few days. The city recorded...
by AIP Online Bureau | Aug 3, 2023 | Eco/Invest/Demography, International News, Life
Ratings for these U.S. insurers and the broader sector could face pressure if U.S. fiscal and governance deterioration contributes to a negative scenario of heightened capital market volatility and/or a more severe economic downturn The ‘AAA’ Insurer...
