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Global life insurance outlook revised to stable amid brightening growth prospects:Moody’s

by AIP Online Bureau | Jun 17, 2021 | Eco/Invest/Demography, Health, International News, Life, Pandemic

  New York: With receding Covid-19 Pandemic globally,the international rating agency Moody's has revised the outlook for the global life insurance sector to stable from negative, reflecting the expectation for near-term growth prospects and a more...

Philippines insurance commissioner Dennis B. Funa reelected as the chairperson of Asian Reinsurance Corp

by AIP Online Bureau | Jun 17, 2021 | International News, Non-Life, Reinsurance

  Bangkok: Philippines insurance commissioner (IC) Dennis B. Funa has been reelected as the chairperson of Asian Reinsurance Corp. (Asian Re) and will hold the position for two more years. Funa's previous term ended on June 10 “I am deeply honored to...

Govt extends validity of motor vehicle documents till Sept 30 due to Covid

by AIP Online Bureau | Jun 17, 2021 | Indian News, Non-Life

New Delhi: The government on Thursday extended the validity of motor vehicle documents like driving licence (DL), registration certificate (RC) and permits till September 30, 2021, in view of the ongoing COVID-19 pandemic. The Ministry of Road Transport and Highways...

Bank, airline websites go dark briefly in international internet outage

by AIP Online Bureau | Jun 17, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

A plethora of websites operated by financial institutions, governments and airlines including Hong Kong Exchanges & Clearing Ltd. and Australia’s central bank went down briefly Thursday in what appeared to be a widespread internet outage. Website tracker...

Cathay Pacific working with Airbus on single-pilot system for long-haul

by AIP Online Bureau | Jun 17, 2021 | International News, Non-Life, Risk Management, Technology

PARIS: Cathay Pacific is working with Airbus to introduce "reduced crew" long-haul flights with a sole pilot in the cockpit much of the time, industry sources told Reuters. The programme, known within Airbus as Project Connect, aims to certify its A350 jet...
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