by AIP Online Bureau | Sep 9, 2021 | International News, Non-Life, Policy
CAPE TOWN: South Africa’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than the 3.9 billion rand ($272 million) already promised, its managing director told a parliamentary committee on Wednesday. Sasria,...
by AIP Online Bureau | Sep 9, 2021 | International News, Non-Life
NEW YORK: American International Group(AIG) today announced that Peter Zaffino, President & Chief Executive Officer, will assume the additional role of Chairman of the Board of Directors, effective January 1, 2022. As previously announced, Brian Duperreault,...
by AIP Online Bureau | Sep 9, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology
COPENHAGEN: The world's largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start operating on Wednesday, the company behind the nascent green technology said. Swiss start-up Climeworks AG, which specialises...
by AIP Online Bureau | Sep 9, 2021 | International News, Risk Management, Technology
MOSCOW: Sept 9: A cyber attack on Russian tech giant Yandex's servers (YNDX.O) in August and September was the largest known distributed denial-of-service (DDoS) attack in the history of the internet, the company said on Thursday. The DDoS attack, in which...
by AIP Online Bureau | Sep 9, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Regulation
Hyderabad: In a bid to to promote sustainable and healthy development of domestic trade credit insurance business, the regulator IRDA,on Thursday, has issued revamped norms to enable general insurance companies to offer trade credit insurance covers...
