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Ukraine crisis highlights Big Tech’s potential to disrupt daily life

by AIP Online Bureau | Mar 5, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Facts, Technology

Russia’s central bank said last week that cards of banks that fell under international sanctions – including VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie – would not be able to be used with the digital wallets The disruptions were...

Europe’s largest nuclear power plant in Ukraine on fire after shelling

by AIP Online Bureau | Mar 4, 2022 | International News

The plant’s reactor is a different type than the one used at Chernobyl, and there should be little risk if the containment vessel is not damaged and outside power can be restored, said Jon B. Wolfsthal, a former senior director for arms control and nonproliferation at...
Ukraine crisis: Apr 1 renewals may be costlier for Indian general insurers

Ukraine crisis: Apr 1 renewals may be costlier for Indian general insurers

by AIP Online Bureau | Mar 3, 2022 | Indian News, Non-Life, Reinsurance

International reinsurers, post Russian invasion of Ukraine, have already intimated the Indian general insurers about possible impacts in terms of higher pricing and tighter terms and conditions in coming days for Indian business Indian insurers advise India Inc to go...

Russian ransomware attacks on Ukraine muted by leaks, insurance woes

by AIP Online Bureau | Mar 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

One reason for that could be a loophole in cybersecurity insurance policies. Experts and industry-watchers say the more sophisticated digital extortion gangs tend to focus on insured organisations because the victims already have a policy to make the payoff, making...

Govt may review timing of LIC IPO after Ukraine invasion: FM Sitharaman

by AIP Online Bureau | Mar 1, 2022 | Indian News, Life, Policy, Risk Management, Wealth Management/ Philanthropy

“Ideally, I’d like to go ahead with it because we’d planned it for some time based purely on Indian considerations,” Sitharaman said “But if global considerations warrant that I need to look at it, I wouldn’t mind looking at it again,” she said New Delhi India may...
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