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Overall passenger vehicle dispatches cross 3.35 lakh units in Feb; automakers post robust sales

Overall passenger vehicle dispatches cross 3.35 lakh units in Feb; automakers post robust sales

by AIP Online Bureau | Mar 1, 2023 | Indian News, Non-Life

The country’s largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 1,55,114 units in February as compared with 1,40,035 units in the same month last year New Delhi: Driven by strong demand, the overall passenger...

Canopius expands APAC footprint with Melbourne office launch

by AIP Online Bureau | Mar 1, 2023 | International News, Non-Life, Reinsurance

Canopius will initially underwrite casualty business from Melbourne and broaden its offering as the business grows, with plans already underway to make new hires in the coming year. SINGAPORE: Canopius Group, a leading global specialty (re)insurer, today announced the...

US urges Microsoft, Twitter to strengthen Cyber security

by AIP Online Bureau | Mar 1, 2023 | International News, Policy, Risk Management, Technology

“Technology manufacturers must take ownership of the security outcomes for their customers.Microsoft, Twitter and other technology companies should by default enroll users in basic safeguards such as multifactor authentication,” Jen Easterly, director of the...

Visa and Mastercard slow down on plans to forge new partnerships with crypto firms

by AIP Online Bureau | Mar 1, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and BlockFi rattled investors and increased regulatory scrutiny on the sector “Recent high-profile failures in the crypto sector are an important reminder that we...
Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

by AIP Online Bureau | Mar 1, 2023 | International News

In a proposed class action filed in San Francisco federal court, shareholders said Tesla defrauded them over four years with false and misleading statements that concealed how its technologies, suspected as a possible cause of multiple fatal crashes, “created a...
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