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Bank of England fires warning shot to insurers over capital, Libor

by AIP Online Bureau | May 15, 2019 | Eco/Invest/Demography, International News, Policy, Regulation, Reinsurance, Risk Management

  LONDON: The Bank of England said it was carefully monitoring falling capital levels at insurers that use their own computer models for calculating capital requirements. David Rule, executive director of insurance supervision at the Bank of England’s...

Cyber Insurance growth slows down in US, records reaching $2 Billion in 2018, Fitch

by AIP Online Bureau | May 15, 2019 | International News, Non-Life, Regulation, Risk Management

  The US industry’s total direct written cyber premiums grew 8% in 2018 to $2 billion, down from 37% growth in 2017. The country is by far the largest market in the world for cyber coverage.   The cyber insurance market remains a source of growth for...

India’s child mortality rate was world’s highest in 2015: Study 

by AIP Online Bureau | May 15, 2019 | Eco/Invest/Demography, Health, Indian News

  New Delhi: At 47.8 deaths per 1,000 live births, India in 2015 had more deaths among children under five than any other country, new research has found.   This is despite the great progress the country has made in reducing child mortality. During...

Men go through postnatal depression too, but people mistake symptoms for tiredness or stress

by AIP Online Bureau | May 14, 2019 | Facts, Health, Workplace/Employee Benefits

  WASHINGTON:: People are almost twice more likely to identify signs of postnatal depression in women than in men, recent findings suggest.    The involved 406 British adults aged between 18 and 70. The participants were presented with case studies of a...

Paytm Mall probe reveals Rs 10-crore cashback fraud: Vijay Shekhar Sharma

by AIP Online Bureau | May 14, 2019 | Indian News, Risk Management

New Delhi: Paytm Mall has unearthed a fraud of up to Rs 10 crore following a probe into a large percentage of cashbacks earned by small merchants and de-listed hundreds of sellers from its platform apart from sacking many employees.   Regarding the feasibility of...
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