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Cyber Insurance:How Indian business are taking it lightly

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...

Laurent Rousseau to become Deputy CEO of SCOR Global P&C

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...

Govt notifies new accounting standard, effective April 1

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...

SoftBank said to near deal for $9.6b stake in Swiss ReĀ 

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...

No proposal to replace National Pension System: Govt

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...
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