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IRDAI asks life insurers to maintain 13th month persistency at 90%

by AIP Online Bureau | Jan 8, 2021 | Eco/Invest/Demography, Indian News, Life, Regulation

  Pune:: The insurance regulator IRDAI has asked the life insurers to maintain their 13th month persistency ratio of policies at 90 per cent. In insurance industry , policy retention is known as “persistency" and “persistency ratio" measures...

World’s worst internet shutdowns cost India $2.8 Billion in 2020

by AIP Online Bureau | Jan 8, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  Internet shutdowns cost India $2.8 billion, putting the South Asian nation at the top of a list of 21 countries that curbed citizens’ web access in 2020. According to the report titled The Global Cost of Internet Shutdowns, while the economic cost of...

3 more Indian firms hacked, data of over 10 million users up for sale on the dark web

by AIP Online Bureau | Jan 8, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

New Delhi, After hacking masked credit and debit card data of crores of Juspay users, the same hacker possibly known as 'ShinyHunters' is now selling databases belonging to three more Indian companies on Dark Web, independent cyber security researcher...

COVID-19 impact: 8.7 lakh expats returned to Kerala, over half of them due to job loss: Official Data

by AIP Online Bureau | Jan 8, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

   Thiruvananthapuram: The COVID-19 pandemic has forced a whopping 8.7 lakh expatriates from Kerala to return home, most of them from the Gulf, since last May with a majority of 5.67 lakh citing job loss as the reason for it, according to official data. The...

Tokyo Olympics “Safe And Secure” despite Coronavirus emergency: Organiser

by AIP Online Bureau | Jan 8, 2021 | Eco/Invest/Demography, International News

Tokyo: Tokyo Olympics organisers insisted Friday that the coronavirus-postponed Games will still go ahead despite Japan declaring a state of emergency less than 200 days before the opening ceremony. Prime Minister Yoshihide Suga on Thursday announced the month-long...
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