by AIP Online Bureau | Feb 27, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology
New Delhi: The government has fixed fifty lakh registered users as the threshold for defining 'significant social media intermediary', which will have to adhere to additional obligations and compliance under the new IT rules that seek to crack down on...
by AIP Online Bureau | Feb 27, 2021 | Eco/Invest/Demography, International News, Reinsurance, Technology
HAMILTON, Bermuda: SiriusPoint Ltd, an international specialty insurance and reinsurance company, has today launched with over $3 billion in initial capital. The Bermuda-based Company has been formed as the result of the previously announced merger between...
by AIP Online Bureau | Feb 27, 2021 | Disaster & Management, Eco/Invest/Demography, International News, Reinsurance
NEW YORK: Based on preliminary observations, S&P Global Ratings thinks the estimated insured losses covered by private insurers on the unusually severe Winter Storm Uri that began on Feb. 9, 2021, and swept through Texas and neighboring states are somewhat...
by AIP Online Bureau | Feb 27, 2021 | Eco/Invest/Demography, Indian News, Technology
New Delhi: Despite the pandemic-induced disruptions, venture capital funds pumped $2.7 billion into domestic fintech companies in 2020, the second-highest fund infusion into the sector since 2019 when it had peaked at $3.5 billion, according to a report. The...
by AIP Online Bureau | Feb 27, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
London: The coronavirus pandemic will have only a minimal impact on UK health insurers' earnings in 2020-2021, Fitch Ratings says in a new report. Claims have reduced due to restricted hospital access, but we do not expect increased profits for insurers...
