by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: The UK Supreme Court dismissed appeals by insurers that said business interruption insurance claims were not valid in a test case brought by Britain’s markets watchdog on behalf of policyholders. The Financial Conduct Authority (FCA) said the case...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Munich, March 02: Munich Re, on Tuesday, has announced partnership with Google Cloud and Allianz Global Corporate & Specialty (AGCS) for focusing on providing cloud specific cover for organisations. Munich Re and AGCS have developed the Cloud...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, International News
Zurich, Mar 02: Swiss Re has entered into a strategic partnership with ICEYE, the largest commercial synthetic-aperture radar (SAR) satellite operator and flood monitoring provider. Building on ICEYE’s innovative technology, the partnership...
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...