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LIC launches industry’s first digital tool to issue a policy through a paperless module

by AIP Online Bureau | Nov 20, 2020 | Indian News, Life, Technology

  Mumbai: M R Kumar,chairman,Life Insurance Corporation(LIC), on Thursday,virtually launched the corporations' first digital application, Atma Nirbhar Agents New Business Digital Application( ANANDA),a first of its kind in the Indian life...

MPs to buttress post-Brexit Britain as a financial centre

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, International News

LONDON: Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full departure from the European Union next month. “We’ll make a series of recommendations for...

Aon develops $70mn in alternative capital capacity to transfer systemic cyber risk

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology

  LONDON: Aon plc has launched a new product with Hudson Structured Capital Management Limited (undertaking its re/insurance business as HSCM Bermuda) to protect insurers and reinsurers against systemic and catastrophic cyber events. Aon and HSCM have already...

Questionable testing may be the reason India’s Covid-19 numbers are down

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

India’s daily coronavirus infections have been cut in half since a peak of more than 97,000 in mid-September, but the significant drop has raised fresh questions over the South Asian nation’s testing regime and whether it reflects the true state of its...

COVID-19 caseload in India breaches 90-lakh mark

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India's COVID-19 caseload surpassed the 90-lakh mark on Friday with 45,882 new cases, while the recoveries surged to 84.28 lakh pushing the national recovery rate to 93.6 per cent, according to the Union Health Ministry data The total coronavirus cases...
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