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Acko and Rapido tie-up to insure customers and captains

by AIP Online Bureau | Apr 23, 2019 | Indian News, Non-Life, Risk Management, Technology

  Mumbai: Acko General Insurance has partnered with Rapido – India’s largest bike taxi booking app, to launch a trip insurance program which ensures everyday rides run risk-free for commuters.    The comprehensive cover offered by Acko kicks...

French insurer Covea seeks acquisitions targets on reinsurance

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

PARIS: French cooperative insurer Covea Tuesday said it is seeking to diversify into reinsurance through the acquisition of companies in that business line.   “Developing such an activity like that takes decades, so external growth is the more...

Global reinsurance industry capital at USD 462 billion in 2018

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

  LONDON: Total capital dedicated to the global reinsurance industry measured USD 462 billion at year-end 2018. The largest component of this figure is the total shareholders’ equity of the 32 reinsurance companies tracked in the Willis Reinsurance...

Working faster to issue localised weather forecasting in India by 2020: IMD

by AIP Online Bureau | Apr 23, 2019 | Uncategorized

  New Delhi: The India Meteorological Department (IMD) on Tuesday said it is working at a brisk pace to issue localised weather forecasting to all 6,500 blocks across 660 districts in the country by 2020 and help as many as 9.5 crore farmers deal with the...

Aadhaar never collected individual data, it’s just an ID: Nandan Nilekani

by AIP Online Bureau | Apr 23, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  BENGALURU: Infosys co-founder Nandan Nilekani, who was once the chairman of the Unique Identification Authority of India (UIDAI), has said that Aadhaar is just an ID as it never qualified as a tool for surveillance and privacy.   The Infosys co-founder...
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