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EU Will Not Ease Post-Brexit Market Access for UK Insurers, Banks: Official

by AIP Online Bureau | Jun 30, 2018 | International News, Regulation

  The European Union’s default market access for foreign financial firms will not be eased for Britain after Brexit and improvements to the equivalence regime will apply to all third countries, an EU official told Reuters.   The official’s...

Chinese tech firms seek to shake up state-Run health sector with AI and Big Data

by AIP Online Bureau | Jun 30, 2018 | International News, Technology

  In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data.   The system, which involves sending information to a centralized computer linked...

Lloyd’s CEO Inga Beale to leave in 2019

by AIP Online Bureau | Jun 29, 2018 | International News, Reinsurance

  London: Lloyd’s today announced that Chief Executive Officer, Dame Inga Beale, will step down next year after leading the global insurance and reinsurance market for five years.   Inga joined Lloyd’s in January 2014. Since then, her commitment...

Is your smart fridge mining bitcoin for criminals? A guide to cryptojacking

by AIP Online Bureau | Jun 29, 2018 | Articles, Risk Management

London: Is the web browser on your phone slower than usual? It could be mining bitcoin for criminals.   As the popularity of virtual currencies has grown, hackers are focusing on a new type of heist: puttingmalicious software on peoples' handsets, TVs and...

Cos’ directors to furnish personal mobile numbers for verification: Govt

by AIP Online Bureau | Jun 29, 2018 | Indian News, Risk Management

  New Delhi: Directors at companies will soon be required to share their personal mobile numbers and e-mail ids with the government as part of verifying their credentials, amid continuing efforts to weed out bogus directorships. In a significant move, the...
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