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Register drones by January 31 or face action: Aviation ministry

by AIP Online Bureau | Jan 14, 2020 | Indian News, Non-Life, Regulation, Technology

NEW DELHI : The Aviation Ministry on Monday announced a scheme providing a window up to January 31 for voluntary registration of all drones and their operators, days after top Iranian General Qasem Soleimani was killed in a US drone attack.   Those who fail to...

Cyber top peril for Asia-Pacific companies for the first time:Allianz Risk Barometer 2020

by AIP Online Bureau | Jan 14, 2020 | Articles, Eco/Invest/Demography

  Singapore: For the first time ever, Cyber incidents (35% of responses) ranks as the most important business risk in Asia-Pacific in the ninth Allianz Risk Barometer 2020, relegating perennial top peril Business interruption (BI) (34% of responses) to second...

Swiss Re launches first parametric earthquake Cat bond to hedge mortgage risks

by AIP Online Bureau | Jan 13, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  New York: Swiss Re Capital Markets successfully closed the USD 225 million Series 2020-1 Principal At-Risk Variable Rate Notes transaction issued by Sierra Ltd. on behalf of Bayview's MSR Opportunity Fund ("Bayview"). This transaction is the first...

Rumbling volcano shuts down Philippine capital

by AIP Online Bureau | Jan 13, 2020 | Disaster & Management, Eco/Invest/Demography, International News

  MANILA:  Schools and businesses shut across the Philippine capital on Monday as a volcano belched clouds of ash across the city and seismologists warned an eruption could happen at any time, potentially triggering a tsunami.   Thousands of people were...

FY20 to see 1.6 mn fewer jobs being created as Indian economy slows: SBI report

by AIP Online Bureau | Jan 13, 2020 | Data, Eco/Invest/Demography

  The economic slowdown has adversely impacted employment generation in the country as nearly 1.6 million less jobs are projected to be created in FY20 compared to 8.97 million fresh jobs in FY19, a report said.   According to the SBI research report-...
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