by AIP Online Bureau | Jan 22, 2019 | International News, Risk Management, Technology
Paris: France's data watchdog on Monday announced a fine of 50 million euros ($57 million) for US search giant Google, using the EU's strict General Data Protection Regulation (GDPR) for the first time. Google was handed the record fine from the CNIL...
by AIP Online Bureau | Jan 22, 2019 | Indian News, Life, Non-Life, Regulation
Hyderabad: A Working Group, constituted by the IRDAI, under Suresh Mathur, executive director, IRDAI,has recommended that the general and health insurance companies may be allowed to offer the option of payment of claims in installments or in...
by AIP Online Bureau | Jan 21, 2019 | Banking & Bancassurance, Indian News, Life
Mumbai: IDBI Bank Monday said insurance behemoth LIC has completed acquisition of 51 per cent controlling stake in the bank, making it the lender's majority shareholder. "The deal, conceptualised in June 2018, is envisaged as a win-win situation...
by AIP Online Bureau | Jan 21, 2019 | International News, Non-Life, Reinsurance, Risk Management
Mumbai: Allianz Global Corporate & Specialty SE (AGCS), dedicated carrier for corporate and specialty insurance business of German insurance giant Allianz SE, launched their new India reinsurance branch office in Mumbai on Monday and is targeting ...
by AIP Online Bureau | Jan 20, 2019 | Eco/Invest/Demography, Facts, Life
‘World's oldest man’ Masazo Nonaka, who was born in 1905, just two years after the Wright brothers launched humanity's first powered flight, died on January 20, aged 113, Japanese media said. Nonaka was born in July 1905, according to...
