by AIP Online Bureau | Mar 30, 2018 | Articles, Risk Management
Cyber Security has always been discussed but never given the importance that it deserves in the boardroom. However the situation seems to be changing post 2017, which saw cyber breaches of global scale and magnitude. Myths such as – only Information...
by AIP Online Bureau | Mar 29, 2018 | International News, Reinsurance
Paris: The French reinsurer SCOR announced that Laurent Rousseau will become Deputy CEO of SCOR Global P&C and will join the Group's Executive Committee effective April 1, 2018. In his new role, he will also become Chief Underwriting Officer for Specialty...
by AIP Online Bureau | Mar 29, 2018 | Indian News, Policy
New Delhi: Companies will have to adopt more detailed revenue recognition ways from April 1 as the government has notified a new accounting standard. The Corporate Affairs Ministry has notified Indian Accounting Standard (Ind AS) 115 which would be...
by AIP Online Bureau | Mar 29, 2018 | International News, Reinsurance
SoftBank Group Corp. is edging closer to a deal to buy a stake in Swiss Re AG that would value the reinsurer at as much as 37 billion Swiss francs ($39 billion), according to people with knowledge of the matter. Billionaire Masayoshi Son’s SoftBank...
by AIP Online Bureau | Mar 28, 2018 | Indian News, Pension & Social Security
New Delhi: There is no proposal to replace the National Pension System (NPS) with the old pension scheme, the Lok Sabha was informed today. The NPS gives the utmost importance to the welfare of subscribers, Minister of State for Personnel Jitendra Singh said in a...