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LIC deploys IDBI Intech’s Anti Money Laundering solution

by AIP Online Bureau | Sep 7, 2021 | Indian News, Life, Regulation, Technology

  New Delhi, Sept 07: IDBI Intech Ltd., the technology led business transformation organisation offering specialised solutions in the Banking, Financial Services and Insurance (BFSI) verticals has successfully implemented their iAML (Anti Money Laundering)...

India continues to “lag way behind” in COVID vaccination: Fitch

by AIP Online Bureau | Sep 7, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Fitch Ratings on Tuesday said India continues to ''lag way behind'' in COVID vaccination, and the negative outlook on sovereign rating signifies the rising debt-to-GDP ratio. In April 2021, Fitch affirmed India's sovereign rating...

Aditya Birla Health Insurance looks to break even in next fiscal year on strong growth trajectory

by AIP Online Bureau | Sep 7, 2021 | Health, Indian News

New Delhi: Sep 07 Aditya Birla Health Insurance Company Ltd (ABHICL) is likely to break even in the next financial year as the company is growing at a "good rate", a top company official said. The Aditya Birla Group''s health insurance company...

Major U.S. insurers jump on distribution platforms to gain customers, sales

by AIP Online Bureau | Sep 7, 2021 | Intermediaries, International News, Non-Life

NEW YORK: Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition. The powerful new platforms, including Semsee, bolttech, Bold Penguin and Uncharted,...

Climate NGOs in Germany threaten legal action against VW, Daimler, BMW

by AIP Online Bureau | Sep 7, 2021 | Climate, Environment, Renewable Energy, International News, Non-Life, Risk Management

  Greenpeace and German environmental NGO Deutsche Umwelthilfe (DUH) will take legal action against BMW, Daimler’s Mercedes-Benz , Volkswagen and gas and oil firm Wintershall Dea over their impact on climate change, DUH said on Friday. Lawyers Remo Klinger...
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