by AIP Online Bureau | Jan 6, 2020 | Eco/Invest/Demography, Indian News
New Delhi: India's government is likely to cut spending for the current financial year year by as much as Rs 2 trillion Indian as it faces one of the biggest tax shortfalls in recent years, three government sources said. Asia's third largest economy,...
by AIP Online Bureau | Jan 6, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
New Delhi: Experiments to study the operations of commercial drones, which operate beyond the visual line of sight (BVLOS) range, would be carried out in January and aviation regulator DGCA will subsequently issue draft regulations for them, Civil Aviation Minister...
by AIP Online Bureau | Jan 6, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
London: Pool Re, Britain’s leading terrorism reinsurer, has taken steps to help reduce costs and improve the accessibility of terrorism insurance for businesses in the U.K., in part by expanding the definition of small and medium-sized enterprises (SME)....
by AIP Online Bureau | Jan 6, 2020 | Eco/Invest/Demography, International News, Non-Life
Canberra: Since September 5, the Australian insurers have handled more than 6000 insurance claims from bushfire regions of New South Wales, Queensland, South Australia and Victoria. Insurance losses are estimated at $431 million this bushfire season....
by AIP Online Bureau | Jan 6, 2020 | Intermediaries, International News, Reinsurance, Risk Management
London: Guy Carpenter announced today the appointment of Jeff Saper as CEO of the Pacific region, with immediate effect. In his new role, . Saper will be responsible for overseeing the company’s Treaty and Facultative activities in the...