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Project Owl Wi-Fi Network for Natural Disaster Connections Wins IBM-Backed Contest

by AIP Online Bureau | May 9, 2019 | Disaster & Management, International News, Technology

  From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters.   They have designed tiny electronic nodes inside baseball-sized rubber casings that...

Govt notifies thresholds for filing class action lawsuits

by AIP Online Bureau | May 9, 2019 | Eco/Invest/Demography, Indian News, Risk Management

New DelhI: Investors can now seek class action against companies, with the government notifying the thresholds for filing such lawsuits. In a significant move, the corporate affairs ministry has notified the thresholds for filing class action — a provision aimed...

Indians are addicted to cheap coal power and it’s killing them

by AIP Online Bureau | May 9, 2019 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Scientists agree that coal is choking the planet—so why is it so hard for governments to ditch? This is the second in a three-part series. Read part one.   When the massive coal-fired power plant next door to her home in New Delhi was...

Finally, IRDA cancels license of ITI Reinsurance

by AIP Online Bureau | May 9, 2019 | Indian News, Regulation, Reinsurance

  Hydearabad: The insurnace regulator IRDAI has finally cancelled the license of the sole Indian private sector resurer ITI Reinsurance Limited, set up by Sudhir Valia,one of the promoters Sun Pharma, for failing to do to any business.   Though the...

InsurTech investment hits records in Q1, 2019; pricing tools in the spotlight:Willis Towers Watson

by AIP Online Bureau | May 9, 2019 | International News, Technology

  London: InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according to the new...
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