by AIP Online Bureau | Mar 16, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life, Non-Life, Risk Management
Fitch’s sector outlooks for U.S. Life and U.S. P&C are ‘neutral’ Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure to the failed banks...
by AIP Online Bureau | Mar 16, 2023 | Facts, Health, Pandemic
The COVID-19 pandemic has had a long-lasting impact on the mental health and substance use among adolescents, according to a study published in The Lancet Child & Adolescent Health journal. The research is based on survey responses from a nationwide sample of over...
by AIP Online Bureau | Mar 15, 2023 | Intermediaries, International News, Non-Life, Reinsurance, Technology
ADEPT (ACORD Data Exchange Platform and Translator) facilitates real-time data exchange, translation, and transformation. It integrates with existing platforms, portals, and infrastructure to connect trading partners around the world, regardless of their existing...
by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Pension & Social Security, Policy
Hunt said in his annual budget that he would scrap the so-called lifetime allowance, which had meant that people faced a 25% levy if they saved around 1.1 million pounds ($1.33 million)in their pension pots The capped amount of money that can put in their pensions in...
by AIP Online Bureau | Mar 15, 2023 | Health, Indian News, Regulation
The Ministry’s August 2018 notification was challenged by the South Chemists and Distributors Association in a petition saying that ignoring the health hazards caused due to online sale of medicines without proper regulations, the draft rules are being pushed...
by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Facts
The government has been forced to act after British childcare costs rose steadily to become among the most expensive in the world, according to the OECD, taking up nearly 30% of the income of a couple with two young children. Britain will expand free childcare to...
by AIP Online Bureau | Mar 15, 2023 | Intermediaries, International News, Non-Life
In this role, James will be responsible for establishing and driving the framework that determines how Gallagher connects with its major strategic partners in the (re)insurance eco-system, including further investment in capital advisory and portfolio solutions....
by AIP Online Bureau | Mar 15, 2023 | Health, International News, Life, Non-Life
“Household consumption recovery still faced many challenges, which continued to have an impact on Ping An’s long-term life & health protection insurance business,” it said. Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value,...
by AIP Online Bureau | Mar 15, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News
While stocks recouped some of their losses on Tuesday, investors remain wary of the banking fallout and what it means for the Federal Reserve’s interest rate-hiking campaign going forward and the overall stability of the financial sector Just as the panic over...
by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Indian News, Life, Policy
The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal. New Delhi: The Indian...
