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10 global re/insurers refuse cover to Adani Group’s $16.5bn Australian coal mine

by AIP Online Bureau | Dec 22, 2018 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Risk Management

Queensland: Dealing a blow, 10 of the world’s largest insurers and reinsurers, on serious environmental concerns,have refused to provide support for the development of Gautam Adani owned Adani Group’s $16.5bn Carmichael coal mine and rail...

MHA authorises 10 central agencies to access any computer resource

by AIP Online Bureau | Dec 21, 2018 | Indian News, Risk Management, Technology

  NEW DELHI: The Ministry of Home Affairs (MHA) has issued an order granting ten central intelligence and security agencies access to information stored, recieved or transmitted in computers.   The notice, issued on Thursday, says the agencies can intercept,...

China hacked Hewlett Packard Enterprise, IBM and then attacked clients

by AIP Online Bureau | Dec 21, 2018 | International News, Risk Management

  Hackers working on behalf of China’s Ministry of State Security breached the networks of Hewlett Packard Enterprise and IBM, then used their access to hack into their clients’ computers, according to five sources familiar with the attacks.  ...

Indian regulator orders J&J to stop using raw material to make Baby Powder in India

by AIP Online Bureau | Dec 21, 2018 | Indian News, Risk Management

  New Delhi: India’s drugs regulator has ordered Johnson & Johnson to stop manufacturing its Baby Powder using raw materials in two of its Indian factories until test results prove they are free of asbestos, a senior official said on Thursday.The...

InsurTech investment doubles in Q3; parametric cover in focus

by AIP Online Bureau | Dec 21, 2018 | International News, Technology

  LONDON: More than $1.3 billion of InsurTech funding was completed during Q3 2018, double the figure from the previous quarter. While individual investment rounds were larger, the number of transactions reported declined 20% to 57, according to the new Quarterly...
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