by AIP Online Bureau | Apr 25, 2019 | Facts, Risk Management, Technology
For four days in February, Ben Shukman showed up to his office at Phantom Auto in Mountain View, California, sat down in front of a bank of computer screens with a steering wheel in a darkened room, and began driving. As the 25-year-old turned the wheel...
by AIP Online Bureau | Apr 25, 2019 | International News, Risk Management
Chicago: Boeing Co on Wednesday abandoned its 2019 financial outlook, said it halted share buybacks in mid-March, and announced $1 billion in increased costs due to the grounding of its 737 MAX jets. Chicago-based Boeing is facing one of the...
by AIP Online Bureau | Apr 24, 2019 | Indian News, Life
Mumbai: ICICI Prudential Life Insurance on April 24 reported a 23 per cent decline in consolidated net profit at Rs 261.02 crore for the January-March quarter of 2018-19. The ICICI Bank subsidiary had reported a net profit of Rs 340.26 crore in the same...
by AIP Online Bureau | Apr 24, 2019 | International News, Reinsurance
London: Canopius AG (“Canopius”) today announced the signing of the definitive sale and purchase agreement that will see the merger of its Lloyd’s business with that of AmTrust at Lloyd’s, a division of AmTrust Financial, subject to...
by AIP Online Bureau | Apr 23, 2019 | Indian News, Life
Mumbai: Witnessing further recovery,, the life insurance industry, at Rs2,14,672 crore, has recorded a growth of 11 per cent in 2018-19, largely driven by individual non-single premium and group single premium. However, the number of policies,...
