by AIP Online Bureau | Jan 30, 2019 | International News, Non-Life, Reinsurance
Growth of the ILS market continued in 2018, to reach $93 billion of outstanding non-life capital, despite a slow-down during the final quarter of the year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers...
by AIP Online Bureau | Jan 30, 2019 | Indian News
New Delhi: With Rahul Gandhi throwing down the gauntlet at the ruling BJP dispensation saying that he will usher in a minimum income guarantee scheme if he comes to power, Prime Minister Narendra Modi may be compelled to roll out a Universal Basic Income scheme...
by AIP Online Bureau | Jan 30, 2019 | Eco/Invest/Demography, Facts, Risk Management
India has improved its ranking on a global corruption index in 2018, while its neighbour China lagged far behind, according to the annual index released by an anti-graft watchdog on Tuesday. India rose by three points to 78 in the list of 180 countries in the...
by AIP Online Bureau | Jan 29, 2019 | International News, Risk Management
Mumbai:: A global ransomware cyber-attack could cost $193bn and affect more than 600,000 businesses worldwide, according to a new report from the Cyber Risk Management (CyRiM) project, the Singapore-based public-private initiative that assesses cyber...
by AIP Online Bureau | Jan 28, 2019 | Indian News, Intermediaries, Life, Non-Life
New Delhi: Insurance portal Policybazaar which has recently raised around Rs 1,360 crore through a fresh round of investment, has said it aims to collect Rs 3,500 crore premium by the end of the current fiscal, a senior company official said. It collected premium of...