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China’s birth rate falls to four-decade low: Report

by AIP Online Bureau | Nov 25, 2021 | Eco/Invest/Demography, Intermediaries

The country’s birth rates have been steadily falling for years now, mostly because young people can’t afford to have kids, and more financially independent women have decided to embrace a single, childless lifestyle. China’s birth rate fell to its...

NITI floats idea of full-stack digital banks, seeks comments by Dec 31

by AIP Online Bureau | Nov 25, 2021 | Banking & Bancassurance, Indian News, Policy, Technology

Digital banks or DBs are banks as defined in the Banking Regulation Act, 1949 (B R Act), the paper said.”In other words, these entities will issue deposits, make loans and offer the full suite of services that the B R Act empowers them to. As the name suggests...

Wall Street’s $22 Trillion Ticking Carbon Time Bomb

by AIP Online Bureau | Nov 24, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Banks in Turkey, Russia, Indonesia, India and China are most exposed to carbon-transition risk, with three sectors—manufacturers, transportation companies, and power producers and other utilities—accounting for more than 75% of the potential bad loan exposure, Moody’s...

K7 Cyber Threat Monitor Report For Q2 2021-22 Reports Pan-India Infection Rate of 45%

by AIP Online Bureau | Nov 24, 2021 | Facts, Non-Life, Risk Management, Technology, Workplace/Employee Benefits

The K7 Cyber Threat Monitor Report Q2 2021-22 analyses the prevalence of cyberattacks across Indian cities. Delhi recorded an infection rate of 44%, the highest amongst Tier 1 cities, closely followed by Chennai, Hyderabad, and Kolkata with an infection rate of 42%...

Singapore’s DBS suffers second day of online banking disruption

by AIP Online Bureau | Nov 24, 2021 | Banking & Bancassurance, International News, Risk Management, Technology

Singapore is the biggest retail and wealth management market for DBS, which also has operations in places including Hong Kong, Indonesia and India. Singapore: DBS Group Holdings Ltd , Southeast Asia’s largest bank, is facing disruptions in its online banking...
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