by AIP Online Bureau | May 17, 2022 | International News, Wealth Management/ Philanthropy
According to court papers, Allianz Global Investors US LLC will plead guilty to a securities fraud charge, while the payout includes a $2.33 billion fine, $3.24 billion of restitution and $463 million of forfeiture Germany’s Allianz SE will pay about $6 billion...
by AIP Online Bureau | May 17, 2022 | International News, Non-Life, Risk Management, Technology
“This proves that any product relying on a trusted (Bluetooth Low Energy)BLE connection is vulnerable to attacks even from the other side of the world,” the UK-based firm said in a statement, referring to the BLE protocol – technology used in millions of cars...
by AIP Online Bureau | May 17, 2022 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
World Property and Casualty Insurance Report 2022: research suggests that only 8% of insurers are resilience champions; 73% of policyholders rank climate change among their top concerns “The impact of climate change is forcing insurers to step up and play a greater...
by AIP Online Bureau | May 17, 2022 | Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits
Sanjeev Mantri, executive director, ICICI Lombard General Insurance said “Doctors and healthcare professionals are prone to uncertainties and risks while they are in the forefront to save lives. Error, omission, or at times unintentional negligence are a part and...
by AIP Online Bureau | May 17, 2022 | Indian News, Life
Tuhin Kanta Pandey, secretary, DIPAM (L) and MR Kumar, chairman, LIC at the LIC’s listing ceremony at BSE on Tuesday “We were not expecting on a big listing as markets were jittery, expect it to pick up,” said LIC’s Chairman M. R. Kumar...
by AIP Online Bureau | May 16, 2022 | Eco/Invest/Demography, International News
The latest ruling,states that Sanofi must have known the risk that the drug, if taken by pregnant women, could cause malformations and “neuro-behavioral disorders” in children, which should have been mentioned in its attached leaflet PARIS: A French court has ordered...
by AIP Online Bureau | May 16, 2022 | Eco/Invest/Demography, International News, Policy, Technology, Workplace/Employee Benefits
Newly inaugurated President Rodrigo Chaves Robles declared a national emergency on 8 May in response to the continuing ransomware attack, for which Russia-based international criminal group Conti has claimed responsibility The number of ransomware attacks more than...
by AIP Online Bureau | May 16, 2022 | Indian News, Non-Life, Regulation, Reinsurance
With the new IRDAI chairman Debasish Panda having already announced that the GI Council will be converted into an out out a professional body to deal with data and new innvative ideas, it is expected that the new secretary general will play a key role in the changing...
by AIP Online Bureau | May 16, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Non-Life
The scientists said if the frequency of heat waves continues as is predicted, these will adversely impact food, water and energy security in the region New Delhi: The spectre of climate change is here to stay and even worsen, say climate scientists as searing winds...
by AIP Online Bureau | May 16, 2022 | Health, Indian News, Life, Workplace/Employee Benefits
Data from Allied Market Research indicates that the Indian dental insurance industry would be worth $ 3.65 billion by 2030 New Delhi: PNB MetLife India Insurance launched the PNB MetLife Dental Care Plan, the first insurance plan in India that covers fixed-benefit...
