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Crypto Scam: Fake exchanges duped Indian investors of Rs 1,000 cr: Report

by AIP Online Bureau | Jun 21, 2022 | Workplace/Employee Benefits

Cyber-security company CloudSEK said it has uncovered an ongoing operation involving several phishing domains and Android-based fake crypto applications Fake cryptocurrency exchanges have duped Indian investors of more than $128 million (nearly Rs 1,000 crore) as the...
Volkswagen faces mounting scrutiny on human rights violations in China, risk insurance declined by Berlin

Volkswagen faces mounting scrutiny on human rights violations in China, risk insurance declined by Berlin

by AIP Online Bureau | Jun 21, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Berlin recently declined a Volkswagen request to renew risk insurance for the company’s Chinese operations over the human rights concerns, according to a person familiar with the matter Volkswagen AG faces mounting pressure to address allegations of human rights...

Sovcomflot fleet fully covered by Russian insurers, CEO says

by AIP Online Bureau | Jun 21, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Technically, we meet all international trade requirements,” CEO Igor Tonkovidov told reporters. “Currently, the company’s fleet is almost fully busy in shipping hydrocarbons, cargoes are delivered to different parts of the world.” Moscow: Russia’s state-run Sovcomflot...
ICICI Pru Life declares highest ever annual bonus of Rs 969 cr for FY22

ICICI Pru Life declares highest ever annual bonus of Rs 969 cr for FY22

by AIP Online Bureau | Jun 21, 2022 | Indian News, Life, Wealth Management/ Philanthropy

N S Kannan, Managing Director & CEO, ICICI Prudential Life Insurance The annual bonus of Rs 968.8 crore for FY2022 is the highest ever declared by the company since inception, N S Kannan, Managing Director & CEO, ICICI Prudential Life Insurance, said....
Floods in Indian NE states and Bangladesh, 11more dead, 47 lakh affected in Assam

Floods in Indian NE states and Bangladesh, 11more dead, 47 lakh affected in Assam

by AIP Online Bureau | Jun 21, 2022 | International News, Non-Life, Reinsurance

Dhaka/Guwahati: Army troops were called in to rescue thousands of people stranded by massive floods that have ravaged northeastern India and Bangladesh, leaving millions of homes underwater and severing transport links, authorities said Saturday. In India’s Assam...
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