by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London: British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19 pandemic and also faces “brand damage” from a legal dispute over policy wordings for pandemic-linked claims. Hiscox shares...
by AIP Online Bureau | Mar 3, 2021 | Facts, Health, Risk Management, Technology
SACRAMENTO, Calif: The Medical Board of California said it would investigate a plastic surgeon who appeared in a videoconference for his traffic violation trial while operating. The Sacramento Bee reports Dr. Scott Green appeared Thursday for his Sacramento...
by AIP Online Bureau | Mar 3, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.’s accidental $900 million payment to Revlon Inc. lenders. After last month’s surprise court ruling that let certain Revlon creditors keep $500 million of...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, Indian News
New Delhi: Union Power Minister R K Singh on Tuesday said that Mumbai power outage of October 2020 was caused by "human error" and there is no evidence to prove that it was trigged due to a cyber attack by China. Speaking to ANI, Singh said, "Two...
by AIP Online Bureau | Mar 2, 2021 | Indian News, Risk Management, Technology
New Delhi: Several credit card users of the State Bank of India (SBI), the largest bank in the country and Mumbai based Ratnakar Bank Ltd(RBL)have been targeted with a phishing scam where hackers have flooded them with suspicious text messages, requesting...
