by AIP Online Bureau | Jul 1, 2021 | Health, Indian News, Non-Life
Bengaluru: Digit Insurance, one of the youngest players in the Indian general insurance industry,saw its profit plunging by 30 per cent to Rs 123 crore in 2020-21 from Rs 175 crore in 2019-20, primarily due to claims from the COVID-19 policies. The...
by AIP Online Bureau | Jul 1, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
LONDON: Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware attack on Colonial Pipeline in May shut the largest...
by AIP Online Bureau | Jul 1, 2021 | Facts, Technology
CAPE CANAVERAL, Fla. Blue Origin’s Jeff Bezos has chosen an early female aerospace pioneer — an 82-year-old pilot denied astronaut wings decades ago because of her gender — to rocket into space with him later this month. The company announced...
by AIP Online Bureau | Jul 1, 2021 | Eco/Invest/Demography, Indian News, Technology
Mumbai: The second wave of the pandemic took a "grievous toll" on India, but the dented economic activity has started recovering from late-May, Reserve Bank Governor Shaktikanta Das said on Thursday. In a first, Das flagged the rising data breaches...
by AIP Online Bureau | Jul 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
Amaravati (Andhra Pradesh): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Thursday launched the 'YSR Bima' scheme with new guidelines, where the government itself will directly pay the insurance amount to the family of deceased to make the...
