by AIP Online Bureau | Feb 5, 2022 | International News, Risk Management
The UK’s Official Receiver, acting on behalf of Carillion’s creditors, accused KPMG of failing to spot misstatements on the group’s accounts and provided misleading financial statements, according to court documents filed on Jan. 17 and made public Thursday KPMG LLP...
by AIP Online Bureau | Feb 5, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology
In a study published on Friday, the Treasury found that there is some evidence of money laundering risk in the high-value art market, but limited evidence of terrorist financing risk, the Treasury said in a statement The U.S. Treasury Department on Friday issued a set...
by AIP Online Bureau | Feb 5, 2022 | Indian News, Life
For conventional and health policies with a total receivable premium of up to Rs one lakh, the insurer is offering a 20 per cent concession in late fee, with a maximum limit of Rs 2,000. Similarly, for a premium amount of above Rs 3 lakh, concession offered is 30 per...
by AIP Online Bureau | Feb 5, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
By region, North America accounted for the largest proportion of the loss at 68%, followed by Europe, Middle East & Africa at 23%, Asia Pacific at 8% and Latin America and the Caribbean at 1%. By peril, tropical cyclones were the most impactful, responsible for...
by AIP Online Bureau | Feb 5, 2022 | Health, International News, Non-Life, Pandemic, Policy
The Scientific Pandemic Influenza Group on Modelling, Operational sub-group (SPI-M-O) said the emergence of new viral variants was the biggest unknown factor in the medium-to-long term, along with waning population immunity and changes in mixing patterns LONDON: There...
by AIP Online Bureau | Feb 5, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 76,344,963 and 901,288, according to the CSSE The second worst hit country in terms of cases is India (41,952,712 infections and 500,055 deaths), followed by...
by AIP Online Bureau | Feb 5, 2022 | International News, Risk Management, Technology
News organizations are prime targets for the world’s intelligence agencies because their reporters are in constant contact with sources of sensitive information. Journalists and newsrooms from Mexico and El Salvador to Qatar, where Al-Jazeera is based, have been...
by AIP Online Bureau | Feb 5, 2022 | Indian News, Policy, Risk Management, Technology
Information Technology Minister Ashwini Vaishnav ”We have to bring about a balance and consensus to make social media accountable to ensure the safety and security of our women and our future generations. For this social media rules have to be...
by AIP Online Bureau | Feb 4, 2022 | International News, Regulation, Technology
“Meta failed to alert us in advance to important changes in their staff, despite knowing they were legally required to do so. This is not the first time this has happened,” CMA Senior Director of Mergers Joel Bamford, said in a statement London: The UK...
by AIP Online Bureau | Feb 4, 2022 | Health, Intermediaries, Pandemic, Policy
The top court reiterated that applications seeking compensation should not be rejected on technical grounds and if any technical glitch is found, the states concerned should give them opportunity to cure defects as the ultimate goal of the welfare state is to provide...
