by AIP Online Bureau | May 12, 2024 | Banking & Bancassurance, International News, Non-Life, Reinsurance
The bank allowed employees to conspire with Israeli insurance startup Vesttoo Ltd. to sell reinsurance policies that weren’t real, according to a complaint filed late Thursday by the Porch Group in Manhattan federal court. Vesttoo filed for Chapter 11 bankruptcy in...
by AIP Online Bureau | May 12, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Weather across South America is affected by the El Nio climate phenomenon, a naturally occurring event that periodically warms surface waters in the equatorial Pacific. In Brazil, El Nio has historically caused droughts in the north and intense rainfall in the south,...
by AIP Online Bureau | May 11, 2024 | Data, Risk Management, Technology
“We believe there is not a significant risk to our customers given the type of information involved. At this time, our investigation indicates limited types of customer information was accessed, including name and physical address,” the message from Dell read. New...
by AIP Online Bureau | May 11, 2024 | Banking & Bancassurance, Health, Indian News, Non-Life, Regulation
Ashok Hinduja, chairman, IndusInd International Holdings Limited , The IRDAI’s clearance for the deal has come now and with the IRDAI’s approvals in place, it is possible to stick to the earlier dead line of May 27 for the completion of acquisition of RCL,...
by AIP Online Bureau | May 11, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
The danger is that the storms can inject direct current into alternating current transmission lines, as well as sending low pulses of electricity through things like railroad tracks and pipelines. Some GPS signals may be lost during the event A severe solar storm this...
