EIOPA reportedly concludes Euroins Romania needs EUR 0.5 bln to meet capital solvency requirements

Published Mon, 16 Dec 2024 20:52:03 GMT

EIOPA reportedly concludes Euroins Romania needs EUR 0.5 bln to meet capital solvency requirements The European Insurance and Occupational Pensions Authority (EIOPA) has completed the inspection report at Euroins Romania, a subsidiary of Bulgarian insurance group Euroins, with the conclusion that the company needs EUR 500 mln to meet the Solvency Capital Requirement (SCR), according to Financial Intelligence quoting sources familiar with the report.On March 17, the Board of the Financial Supervisory Authority (ASF) decided to withdraw the operating authorization of Euroins Romania, noting elements indicating the company's insolvency state. The Board also decided to task in court the bankruptcy of the insurance firm.According to ASF, on June 30, 2022, the company did not hold enough eligible funds to cover SCR, a situation that was maintained on September 30, 2022. In order to restore the SCR, funds amounting to RON 2.19 bln (EUR 400 mln) were needed, out of which RON 1.75 bln would be enough to meet the minimum capital requirement.Between February 2020 and January 2023, the Autho...

Dubai International Humanitarian City celebrates 20 years of shaping the future of humanitarian action at a panel discussion in Geneva

Published Mon, 16 Dec 2024 20:52:03 GMT

Dubai International Humanitarian City celebrates 20 years of shaping the future of humanitarian action at a panel discussion in Geneva In April, Geneva was host to a panel discussion organised by Dubai’s International Humanitarian City (IHC) to mark the organisation’s impact over the past 20 years in supporting the global humanitarian community.The event took place during the Humanitarian Networks and Partnerships Weeks (HNPW 2023), an annual three-week forum that brings together participants from the UN, non-profit organisations, Member States, the private sector, military, academia and beyond to discuss common challenges in humanitarian affairs.This year’s panellists included Nadia Jbour, former Head of UNHCR Office in UAE, Mario Stephan, former Executive Director of Doctors Without Borders in UAE (MSF), Paul Molinaro, Director of Strategic Health Operations at the World Health Organization (WHO), Simon Missiri, Director of Logistics for the International Federation of Red Cross and Red Crescent Societies (IFRC), Walid Ibrahim, WFP-UNHRD Network Coordinator, and Giuseppe Saba, CEO of the Dubai International Human...

Could AI pen 'Casablanca'? Screenwriters take aim at ChatGPT

Published Mon, 16 Dec 2024 20:52:03 GMT

Could AI pen 'Casablanca'? Screenwriters take aim at ChatGPT When Greg Brockman, the president and co-founder of ChatGPT maker OpenAI, was recently extolling the capabilities of artificial intelligence, he turned to “Game of Thrones.”Imagine, he said, if you could use AI to rewrite the ending of that not-so-popular finale. Maybe even put yourself into the show.“That is what entertainment will look like,” said Brockman.Not six months since the release of ChatGPT, generative artificial intelligence is already prompting widespread unease throughout Hollywood. Concern over chatbots writing or rewriting scripts is one of the leading reasons TV and film screenwriters took to picket lines earlier this week.Though the Writers Guild of America is striking for better pay in an industry where streaming has upended many of the old rules, AI looms as rising anxiety.“AI is terrifying,” said Danny Strong, the “Dopesick” and “Empire” creator. “Now, I’ve seen some of ChatGPT’s writing and as of now I’m not terrified because Chat is a terrible writer. But who ...

2 dead, 1 in critical condition after Long Beach fire

Published Mon, 16 Dec 2024 20:52:03 GMT

2 dead, 1 in critical condition after Long Beach fire A fire in an abandoned Long Beach building Thursday night killed two people and left a woman in critical condition, according to the Long Beach Fire Department.The blaze in a commercial building in the 1700 block of Long Beach Boulevard was reported at about 9 p.m., fire officials said.When firefighters arrived, they found fire and smoke emanating from the abandoned structure, and a search of the building revealed three people.One of those found, a man, was declared dead at the scene, while the other two, both women, were transported to a local hospital in grave condition.One of the women died at the hospital, while the other remains in critical condition.The identities of the victims have not yet been released.No firefighters were injured.The cause of the fire remains under investigation and likely will not be known for a couple of days.Alexis Lewis contributed to this report.

'Yellowstone' to reportedly end with Season 5

Published Mon, 16 Dec 2024 20:52:03 GMT

'Yellowstone' to reportedly end with Season 5 "Yellowstone" is coming to an end. According to Variety, the hit series' fifth season will be the last one and it's set to debut in November. However, this is not a complete goodbye to the Duttons. An "untitled sequel series has been ordered and will debut on Paramount Network and Paramount+ in December," the publication reported. The announcement comes after Entertainment Tonight reported Kevin Costner wouldn't be returning to the show after Season 5. Costner is reportedly in the middle of “Horizon: An American Saga,” which is a four-film series that he's in charge of and starring in. Production is taking place in Utah. “’Yellowstone’ has been the cornerstone on which we have launched an entire universe of global hits – from ‘1883’ to ‘Tulsa King,’ and I am confident our ‘Yellowstone’ sequel will be another big hit, thanks to the brilliant creative mind of Taylor Sheridan and our incredible casts who bring these shows to life,” said Chris McCarthy, president & CEO of Showtime a...

The Best Swinger Onlyfans Accounts of 2023

Published Mon, 16 Dec 2024 20:52:03 GMT

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Published Mon, 16 Dec 2024 20:52:03 GMT

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