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Indian firms overly confident about their Cybersecurity, Survey

by AIP Online Bureau | Oct 18, 2018 | Indian News, Reinsurance, Risk Management

  Mumbai: Despite the growth in data breaches, security managers at Indian firms are incredibly confident in their cybersecurity preparedness, according to a new survey conducted by research and consultancy firm Ovum for Silicon Valley analytics firm FICO. ...

Insurers call for delay in implementing “IFRS 17” rule by 2 yrs to Jan 2023

by AIP Online Bureau | Oct 17, 2018 | International News, Regulation, Reinsurance

   LONDON:  Insurers from across the world have called for amendments and a two-year delay to a change in accounting rules aimed at increasing visibility of how they earn their money.   Nine national and regional insurance industry bodies from...

Softbank pushes link-ups as insurance strategy takes shape

by AIP Online Bureau | Oct 17, 2018 | International News, Technology

  LONDON:  Softbank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters.   In...

RBI issues guidelines to allow payments among mobile wallets

by AIP Online Bureau | Oct 17, 2018 | Indian News, Technology

  Mumbai: The Reserve Bank of India (RBI) on Tuesday released guidelines to facilitate payments among different mobile wallets, a move aimed at promoting digital transactions.   As per the road-map laid down in 2017, interoperability of all KYC-compliant...

Symbo India Insurance Broking launches Marathon Insurance

by AIP Online Bureau | Oct 16, 2018 | Indian News, Intermediaries

  Mumbai: Symbo India Insurance Broking , a digital insurance brokerage firm, in partnership with Reliance General Insurance and event ticketing company Goeventz has launched Marathon Insurance – a unique cover for marathon runners.   The comprehensive...
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