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42% Indians experienced financial fraud in last three years: Report

by AIP Online Bureau | Aug 4, 2022 | Banking & Bancassurance, Facts, Risk Management, Technology

Storing sensitive financial details on a phone’s contact list, email, or computer poses a a significant risk to cyber attacks, especially if the gadget is stolen or falls into wrong hands New Delhi: While digitisation of payments and banking undoubtedly has...
Over 21 crore two-wheelers, 7 crore four-wheelers and above category of vehicles registered in India

Over 21 crore two-wheelers, 7 crore four-wheelers and above category of vehicles registered in India

by AIP Online Bureau | Aug 4, 2022 | Data, Eco/Invest/Demography, Non-Life, Policy

Road Transport and Highways minister Nitin Gadkari said out of the total vehicles, 5,44,643 are electric two-wheelers while 54,252 are electric four-wheelers and above, as per the centralised data base — VAHAN — as on August 3, 2022 New Delhi, Aug 4: The...

U.S. to declare monkeypox public health emergency

by AIP Online Bureau | Aug 4, 2022 | Health, International News, Non-Life, Policy, Reinsurance

Cases have crossed 6,600 in the United States, as of Wednesday’s data Washington: U.S. President Joe Biden’s administration plans to declare the monkeypox outbreak a public health emergency as soon as Thursday, the Washington Post reported, citing...
AM Best maintains stable outlook on Malaysia’s non-life insurance segment

AM Best maintains stable outlook on Malaysia’s non-life insurance segment

by AIP Online Bureau | Aug 4, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Malaysia’s non-life gross written premium rose by 4.0% to MYR 21.97 billion (USD 4.95 billion) in 2021, 44% of which was driven by the general takaful segment. AM Best is maintaining a stable market segment outlook on the Malaysian non-life insurance industry...
Sun Life to sell its UK business to Phoenix Group

Sun Life to sell its UK business to Phoenix Group

by AIP Online Bureau | Aug 4, 2022 | International News, Life

Sun Life UK manages life and pension policies and annuity blocks for UK Clients. The company is closed to new sales and has been operating as a run-off business in the life and pension policies segment since 2001 Headquartered in London, Phoenix Group is the...
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