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Oxford University says research not affected after media reports of COVID lab hack

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, International News, Risk Management

  Oxford University said on Thursday it was investigating a cyber attack but that research was unaffected, following media reports that one of its biology laboratories researching COVID-19 had been hacked. The breach took place in mid-February and occurred at the...

India tightens regulatory grip on Facebook, WhatsApp with new rules

by AIP Online Bureau | Feb 25, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  NEW DELHI: India announced new rules on Thursday to regulate content on social media, making Facebook, WhatsApp and others more accountable to legal requests for swift removal of posts and sharing details on the originators of messages. The rules — part...

IRDA allows dividend payment by insurers to their shareholders

by AIP Online Bureau | Feb 25, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

  Hyderabad,Feb 25: Setting the stage for the dividend payment to the government, which intends raise funds from all possible sources,by the state owned insurance companies,the insurance regulator IRDAI has now allowed domestic insurers to...

India reports 16,738 new coronavirus cases; highest since January 29

by AIP Online Bureau | Feb 25, 2021 | Eco/Invest/Demography, Indian News

New Delhi: India reported 16,738 new coronavirus infections, health ministry data showed on Thursday, for the highest daily jump since January 29, according to a Reuters tally. More than half came from the western state of Maharashtra, India's richest and home to...

Munich Re 2020 profit plunges 55% as pandemic takes toll

by AIP Online Bureau | Feb 25, 2021 | International News, Reinsurance

  FRANKFURT: German reinsurance group Munich Re expects net profit to bounce back this year after more than halving in 2020 as the coronavirus crisis helped drive claims to a near-decade high.Major losses in 2020 for the virus and natural catastrophes totalled...
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