by AIP Online Bureau | Dec 27, 2018 | Articles, Risk Management, Technology
As cyber underwriters, a big part of our job is to be curious, to piece together “what-ifs” to try to analyse as yet unknown or untested risks. Our role is to look at constantly evolving technology, and a shifting regulatory environment, and...
by AIP Online Bureau | Dec 27, 2018 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management
Jakarta: For Tsunami, that struck Indonesian islands Lampung and Banten without warning last week, insurers will have shell out an estimated US$1.09 billion in claims to policyholders, according to Jakarta Post. According to insurance...
by AIP Online Bureau | Dec 26, 2018 | Eco/Invest/Demography, Indian News, Intermediaries
New Delhi: Tightening norms for e-commerce firms having foreign investment, the government Wednesday barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that...
by AIP Online Bureau | Dec 26, 2018 | Indian News, Non-Life
Hyderabad: The total premium collected by non-life insurance companies rose 26.5 percent to Rs 12,551.26 crore in November 2018, according to IRDAI data. The 33 companies in the non-life insurance business garnered gross direct premium of Rs 9,921.21 crore in...
by AIP Online Bureau | Dec 26, 2018 | Data, Eco/Invest/Demography
Companies in India spent Rs 7,536.3 crore on corporate social responsibility (CSR) activities in 2017-18, a 47 percent rise compared to 2014–15, says a survey. "This is a significant rise, clearly demonstrating higher expenditure towards CSR...
