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What does the future hold for data privacy?

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...

Indonesian tsunami insurance claims may reach $1.09 bn

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...

Govt tightens norms for etailers, bars exclusive deals

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...

Premium of non-life insurers rises 27% to Rs 12,551 cr in November

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...

India:Companies CSR expenditure rises 47% in 4 years to FY18: Survey

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...
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