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Online festive shopping increases chances of cybercrime: McAfee’s India

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Despite various cyber threats, the ongoing COVID-19 pandemic propelled more people to opt for online shopping with 68.1 per cent Indians confirming an increase in their online shopping activity this year, revealed the latest McAfee report on...

In the hands of God:’ Central America bears brunt of powerful hurricane Iota

by AIP Online Bureau | Nov 17, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

PUERTO CABEZAS, Nicaragua: Hurricane Iota sent zinc roofing flying into the streets, toppled electricity poles and flayed palm trees as its core approached a remote Central American coast on Tuesday, the second giant storm to tear at the area this month.Iota reached...

Reinsurers’ pandemic losses have started to fade:Fitch

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, International News, Non-Life, Pension & Social Security, Reinsurance

  London: The 9M20 results of the four major European reinsurers – Munich Reinsurance Company (Insurer Financial Strength (IFS): AA/Stable), Swiss Reinsurance Company Ltd (IFS: A+/Stable), Hannover Rueck SE (IFS: AA-/Stable) and SCOR SE (IFS: AA-/Stable)...

bolt reaches $4 bn in active insurance premium on its platform

by AIP Online Bureau | Nov 17, 2020 | Intermediaries, International News

NEW YORK: bolt has reached an all-time high of more than $4 billion in active insurance premium on its platform, growing premiums by more than a third since May. bolt's insurtech exchange is one of the world's leading platforms for distributing insurance...

Air travel reaching pre-COVID levels by year-end or early next year

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life

HYDERABAD: Civil Aviation Minister Hardeep Singh Puri on Monday expressed confidence that air travel would reach pre-COVID levels by the end of the year or early next year. "We opened civil aviation on May 25, a good two months and two days after we have...
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