by AIP Online Bureau | Mar 8, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
”We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all...
by AIP Online Bureau | Mar 8, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
U.S. President Joe Biden U.S. Treasury Secretary Janet Yellen last year warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight crime and reduce...
by AIP Online Bureau | Mar 8, 2022 | International News, Technology
The lawsuit, led by the state of Rhode Island, was filed after the Wall Street Journal published an article in October 2018 that said Google concealed the exposure of private data for nearly 500,000 users of Google+ – a social network owned by Google – because it...
by AIP Online Bureau | Mar 8, 2022 | International News, Policy
Public broadcaster NHK said the average payout of about 380,000 yen ($3,290) for each plaintiff covered three class-action lawsuits, among more than 30 against the utility, which are the first to be finalized A massive tsunami unleashed by an earthquake of magnitude...
by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance
BEA agreed to sell its medical, travel and general insurance services unit Blue Cross (Asia-Pacific) Insurance and all of its 80% interest in healthcare services unit Blue Care JV (BVI) Holdings to AIA to generate value for shareholders. Asia-focused AIA’s largest...
by AIP Online Bureau | Mar 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The claim, which has been served on TotalEnergies and was to be filed before the Paris Judicial Court, concerns the company’s “reinvention” marketing campaign. Claimants say the campaign broke European consumer law by suggesting TotalEnergies can reach net-zero carbon...
by AIP Online Bureau | Mar 8, 2022 | Indian News, Life, Non-Life
A Mumbai city court late last month put on hold Future’s planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees ($162.82 million), after a legal challenge from some bondholders of Future companies that had...
by AIP Online Bureau | Mar 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
Prime Minister Narendra Modi He listed a vision for the growing cities of the country where the government is committed to providing increasingly more green transport, electric buses, electric cars and electric two-wheelers Pune: Prime Minister Narendra Modi on Sunday...
by AIP Online Bureau | Mar 8, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 79,339,202 and 960,310, according to the CSSE The second worst hit country in terms of cases is India (42,97,315 infections and 515,102 deaths), followed by...
by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance
Many shipping firms have suspended sailings to affected Black Sea ports and other terminals in Ukraine. Insurance premiums for voyages have soared since Russia’s invasion on Feb. 24, an action Moscow calls a “special operation” Ukraine’s Maritime Administration has...
