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Suspected attack on 2 oil tankers near Strait of Hormuz stokes fears of War

by AIP Online Bureau | Jun 13, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management

Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won’t avert a military confrontation between the U.S. and Iran. Oil prices surged.   The incidents,...

FICCI for increasing FDI cap in insurance to 74%

by AIP Online Bureau | Jun 13, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: The government needs to increase foreign direct investment cap in the insurance sector and multi-brand retail trading for products manufactured and sourced from India for attracting overseas inflows, industry chamber FICCI said on June 13.  ...

Microsoft launches AI digital labs in India, to train 1.5 lakh students

by AIP Online Bureau | Jun 13, 2019 | Eco/Invest/Demography, Indian News, Technology

New Delhi: Tech giant Microsoft June 13 said it will launch AI digital labs in the country in collaboration with 10 higher educational institutions, including BITS Pilani and ISB.   As part of the three-year programme, Microsoft will support the select...

Singapore’s new IP insurance initiative to support innovative enterprises enter global markets

by AIP Online Bureau | Jun 13, 2019 | International News, Technology

  Singapore: The Intellectual Property Office of Singapore (IPOS), Lloyd’s Asia and Antares Underwriting Asia today announced a new initiative to support innovative enterprises as they enter global markets. Called the Intellectual Property Insurance...

“Tech and cyber dominate insurers’ horizon scanning of business risks”

by AIP Online Bureau | Jun 13, 2019 | Articles, Risk Management, Technology

  Technology risk, cyber risk and change management have been pinpointed as the three biggest concerns for insurers across the globe, according to a poll of more than 900 senior industry experts.   The Insurance Banana Skins report, published by the Centre...
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  • Iran woking on a draft bill to impose a fee on vessels seeking safe passage through Strait of Hormuz
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