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Lloyd’s of London plans to merge governance bodies -source

by AIP Online Bureau | May 23, 2019 | International News, Reinsurance

  London: Lloyd’s of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce overlap, a source familiar with the matter said.   The proposal has been put out for...

Companies re-designing job roles due to changing industry trends: Survey

by AIP Online Bureau | May 23, 2019 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

  MUMBAI: With traditional jobs undergoing transformation, companies are now re-designing job roles to accommodate changing industry dynamics, according to a survey.    Nearly half (47 per cent) of senior HR professionals are predicting a skills...

Uber and Lyft to turn the wheels on car ownership: industry experts

by AIP Online Bureau | May 23, 2019 | Eco/Invest/Demography, International News, Non-Life

  TORONTO: Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday. At the annual Collision...

IDBI Bank emerges as LIC’s no 1 bancassurance partner

by AIP Online Bureau | May 22, 2019 | Indian News, Life

  Mumbai: IDBI Bank after being taken over by the Life Insurnace Corporation (LIC), is now acting as a corporate agent of the corporation since 27th February, 2019 and in the first month i.e. March, 2019 the corporation has procured 20,980 policies with...

AIG shareholders OK $21 million compensation for CEO Duperreault

by AIP Online Bureau | May 22, 2019 | International News, Non-Life

  American International Group Inc. said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault by only a narrow margin during the company’s annual meeting on Tuesday.   A non-binding resolution to endorse the...
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