by AIP Online Bureau | Apr 26, 2019 | Eco/Invest/Demography, International News, Risk Management
The UK and Australia have advised their citizens not to travel to Sri Lanka unless their journey is essential as terrorists were "likely" to carry out further attacks in the country, following the deadly Easter Sunday bombings that killed 253 people...
by AIP Online Bureau | Apr 26, 2019 | Indian News, Life
Mumbai: HDFC Standard Life Insurance on April 26 reported a 5 per cent rise in standalone net profit to Rs 364.01 crore for the fourth quarter ended March 31. It had registered a net profit of Rs 346.84 crore in the corresponding quarter of 2017-18. The...
by AIP Online Bureau | Apr 26, 2019 | International News, Non-Life, Reinsurance
When Mondelez International Inc., the maker of Oreo cookies and Cadbury chocolate, suffered a malware attack in 2017, it thought the property insurance policy it had taken out years earlier with Zurich Insurance Group AG would help cover the more than $100 million in...
by AIP Online Bureau | Apr 26, 2019 | International News, Non-Life, Reinsurance
LONDON: Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centres and Brexit are all threatening Lloyd’s...
by AIP Online Bureau | Apr 25, 2019 | Disaster & Management, International News, Technology
An arsenal of new technology is being put to the test fighting floods this year as rivers inundate towns and farm fields across the central United States. Drones, supercomputers and sonar that scans deep under water are helping to maintain flood control...
