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Budget proposals positive for insurance sector: Fitch Ratings

by AIP Online Bureau | Feb 9, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

New Delhi: India's 2021-2022 Budget proposals to relax foreign-ownership caps on insurers and listing of LIC will help the industry attract foreign capital, strengthen solvency and promote competition, Fitch Ratings has said. Besides, the ratings agency said,...

Joint Panel on Data Protection Bill can submit its report by 15 March

by AIP Online Bureau | Feb 9, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: A Joint Committee of Parliament examining the Personal Data Protection Bill can now submit its report in the week to March 15 — the first week of the second part of the ongoing budget session. The second part of the budget session begins on 8 March....

Govt asks people to register as cyber crime volunteers to check unlawful online content

by AIP Online Bureau | Feb 9, 2021 | Eco/Invest/Demography, Facts, Non-Life, Policy, Risk Management, Technology

  New Delhi: Govt asks people to register as cyber crime volunteers to check unlawful online contentIn a bid to keep an eye on the cyber world in a "coordinated and comprehensive manner", the government has asked common people to register as cyber crime...

Hacker changed water chemical levels to poison entire US city

by AIP Online Bureau | Feb 9, 2021 | Eco/Invest/Demography, International News

San Francisco, In a sophisticated cyber-attack, a hacker accessed the computer systems of the water treatment facility in a US city and modified drinking water chemical levels to dangerous parameters in an attempt to poison the city of nearly 15,000 residents. Sodium...

EU antitrust regulators halt Aon, Willis probe, await data

by AIP Online Bureau | Feb 9, 2021 | Eco/Invest/Demography, Health, International News

  European Union antitrust regulators have suspended their investigation into Aon PLC's $30 billion bid for Willis Towers Watson PLC while they wait for the U.S. insurance broker to provide data required for the case. The European Commission, which kicked off...
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