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Hélène Stanway, digital leader at AXA XL 

Internet of Things: Value for Insureds 

Articles       Mar 24, 2019

  The Internet of Things is transforming the way we live and work. And we believe it can change the way risk is managed and underwritten.   Last year, the number of connected “things” surpassed the number of human beings on the planet. Many of us live...

Fathers-to-be who smoke may harm their babies

Facts       Mar 24, 2019

  Beijing:  Fathers-to-be, take note! Smoking may increase the baby's risk of developing congenital heart defects―the leading cause of stillbirth, a study has found.   Congenital heart affect eight in 1,000 babies born worldwide. Prognosis and quality of life continues to improve with innovative surgeries, but the...

Gold imports dip 5.5 pc during April-Feb to $29.5 bn

Data       Mar 24, 2019

New DelhI: The country’s gold imports dipped about 5.5 per cent in value terms to USD 29.5 billion during April-February 2018-19, which is expected to keep a lid on the current account deficit.   Total imports of the precious metal in the corresponding period of 2017-18...

Fix to MCAS anti-stall software in 737 MAX ready to go: Boeing

International News       Mar 24, 2019

  New York: A fix to the anti-stall system suspected in October's Lion Air Boeing 737 MAX 8 that killed 189 people in Indonesia is ready to roll out, industry sources told AFP Saturday. Boeing was due to present the patch to officials and pilots of...

FPIs pour in Rs 38,211 cr in March on improved global liquidity

Data       Mar 24, 2019

    Mumbai: Foreign investors have poured in a net amount of Rs 38,211 crore in the domestic capital markets in March so far, mainly on account of improved global liquidity.   In February, foreign portfolio investors (FPIs) had put in a net amount of Rs 11,182 crore...

Hinduja family richest Asians in Britain, worth 25 billion pounds: Report

International News       Mar 24, 2019

London: Leading London-based NRI industrial tycoons, the Hinduja family top the Asian Rich List 2019 for the sixth successive year with an estimated net worth of 25.2 billion pounds, an increase of over 3 billion pounds over the previous year.   According to the Asian Rich...

PMSYM scheme: Government eyes over 1 crore enrolments by April-end

Indian News       Mar 24, 2019

  New Delhi: The government is expecting to cross 1 crore enrolments by April-end under the Pradhan Mantri Shram-Yogi Maandhan (PMSYM) Yojna -- a pension scheme for unorganised sector workers, a senior official has said.   The PMSYM scheme provides for a minimum monthly assured pension of...

Air India's renewal prm doubles, pays $ 28 mn to cover its 180 aircraft in 2018-19

Indian News       Mar 22, 2019

  MUMBAI: A host of adverse factors including the recent crash of one of the Ethiopean Airlines aircraft, have put an end to the days of  discounts for the national carrier Air India(AI), whose insurance renewal cost, at around $28 million, has doubled in 2018-19.   The...

Facebook admits to storing passwords in plain text on internal servers

International News       Mar 21, 2019

    Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking giant's employees. .   "To be clear, these passwords were never visible to anyone outside of Facebook and...

China chemical plant explosion death toll climbs to 44; 32 others critical

International News       Mar 21, 2019

  Beijing: The toll in the explosion at an industrial park in eastern China climbed steeply to 44 on Friday morning as a number of people succumbed to their injuries.   The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical industrial...

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