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Karnataka to set up system at dams to get real-time water data, to prevent floods

by AIP Online Bureau | Jun 22, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

  Mumbai: Maharashtra minister Jayant Patil on Saturday said the Karnataka government has decided to set up real-time data acquisition system (RTDAS) at its Almatti and Narayanpur dams to monitor the water level, which will help prevent recurrence of the flood...

UK financial sector urges caution over any ‘work from home’ law

by AIP Online Bureau | Jun 22, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Regulation

  LONDON: How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people to work...

Italy’s Generali agrees to buy Axa’s insurance assets in Malaysia

by AIP Online Bureau | Jun 22, 2021 | Eco/Invest/Demography, International News, Life, Non-Life

MILAN: Assicurazioni Generali said on Tuesday it had agreed to buy rival Axa’s insurance assets in Malaysia to strengthen its presence in the Asian country. Italy’s top insurer will buy the majority stakes that France’s Axa holds in two local...

CFC Syndicate 1988  opens for trading

by AIP Online Bureau | Jun 22, 2021 | International News, Non-Life, Reinsurance

LONDON: CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, announced today that CFC Syndicate 1988 has incepted and begun trading. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to...

European Insurers’ Body warn about market access barriers in India, Argentina, Brazil, Indonesia and Canada

by AIP Online Bureau | Jun 22, 2021 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance

   Brussels: Brussels based Insurance Europe,representing undertakings that account for around 95 per cent of total European premium income, has published a series of country fact sheets that highlight the trade and market access barriers that...
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