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Govt shortlists 5 GMs for selecting a CMD of United India Insurance

Govt shortlists 5 GMs for selecting a CMD of United India Insurance

by AIP Online Bureau | Feb 29, 2024 | Indian News, Non-Life, Policy

The new head office of Chennai based United India Insurance, which was inaugurated by Union Finance minister Nirmala Sitharaman, virtually, on Friday The DFS now has prepared a new list of five general managers(GMs)- BS Rahul, Agriculture Insurance...

32 European major media groups sue Google for $2.3 bln

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

“The media companies involved have incurred losses due to a less competitive market, which is a direct result of Google’s misconduct,” a statement issued by their lawyers Geradin Partners and Stek said BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3...

European reinsurers’ renewals indicate peaking underwriting margins: Fitch

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...
Meta targeted in privacy complaints by EU consumer groups

Meta targeted in privacy complaints by EU consumer groups

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

“Surveillance-based business models pose all kinds of problems under the GDPR and it’s time for data protection authorities to stop Meta’s unfair data processing and its infringing of people’s fundamental rights,” Ursula Pachl, deputy...
US says to investigate national security data risks from Chinese vehicles

US says to investigate national security data risks from Chinese vehicles

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

“China’s policies could flood our market with its vehicles, posing risks to our national security,” President Joe Biden said in a statement. “I’m not going to let that happen on my watch.” The Commerce Department will seek comments...
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