by AIP Online Bureau | May 13, 2019 | International News, Non-Life, Reinsurance, Risk Management
Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor Chairman and Chief Executive Officer Denis Kessler said, recommending the industry build a comprehensive, common global scale to assess cyber-related incidents....
by AIP Online Bureau | May 13, 2019 | International News, Policy, Regulation, Reinsurance, Risk Management
London: Lloyd’s of London has commissioned an independent culture survey following a Bloomberg Businessweek article that uncovered evidence of sexual misconduct in the world’s oldest insurance market. The survey is being carried out by the...
by AIP Online Bureau | May 13, 2019 | Eco/Invest/Demography, International News, Risk Management
DUBAI/LONDON: Saudi Arabia said on Monday that two Saudi oil tankers were among vessels targeted by a “sabotage attack” off the coast of the United Arab Emirates, condemning it as an attempt to undermine the security of global crude supplies. The UAE...
by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, International News, Technology
New Delhi: Industrial Internet of Things (IIoT) could be a game changer for India, but the country is lagging far behind China in its adoption, a top Accenture official has said. According to the consultancy giant, IIoT refers to a universe of...
by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: There is an "imminent crisis" in the non-banking financial companies (NBFCs) sector as misadventures by some large entities and credit squeeze present a perfect recipe for disaster, a senior government official has said. In...
