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Global economy set to cruise at a solid 3% growth rate next year

by AIP Online Bureau | Oct 31, 2024 | Eco/Invest/Demography, International News, Policy

Unexpected resilience that led economists to significantly upgrade their 2024 global growth forecasts since the beginning of the year is in large part thanks to the U.S. economy’s performance BENGALURU: Global economic growth will maintain its robust pace next...
Lockton acquires Arihant Insurance Broker, receives IRDAI approval

Lockton acquires Arihant Insurance Broker, receives IRDAI approval

by AIP Online Bureau | Oct 27, 2024 | Indian News, Intermediaries, Life, Non-Life, Regulation, Reinsurance, Risk Management

Lockton, the world’s largest independent insurance brokerage, had announced its entry into the Indian market in January this year and had acquired Arihant Insurance Brokers in June from Arihant Capital Market Ltd. Hyderabad: US based Lockton is now a licensed...
US strikes $100M settlement with owner, operator of ship Dali for Baltimore bridge mishap

US strikes $100M settlement with owner, operator of ship Dali for Baltimore bridge mishap

by AIP Online Bureau | Oct 26, 2024 | Eco/Invest/Demography, International News, Risk Management

Settlement will cover federal costs incurred to restore access to the port of Baltimore The US Justice Department announced on Thursday that Grace Ocean Private Limited and Synergy Marine Private Limited, the Singaporean corporations that owned and operated the Motor...

Hack at UnitedHealth’s tech unit impacted 100 mln people, US health dept says

by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Risk Management, Technology

UnitedHealth has previously said that hackers potentially stole a third of Americans’ data in one of the worst hacks to hit the U.S. healthcare sector. The company began notifying affected patients in June The February hack at UnitedHealth’s tech unit...

Meta, Google, TikTok must face schools’ addiction claims in US

by AIP Online Bureau | Oct 25, 2024 | Health, International News, Risk Management, Technology

The companies also face significant exposure from hundreds of personal injury suits accusing them of designing their platforms to encourage youths to spend unhealthy amounts of time on screens and suffering emotional trauma as a result. But the school cases may carry...
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