by AIP Online Bureau | Mar 25, 2021 | International News, Non-Life, Reinsurance
LONDON: The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship is refloated quickly, industry sources said on Wednesday.The 400-metre, 224,000-tonne Ever...
by AIP Online Bureau | Mar 24, 2021 | Indian News, Technology
New York/Bengaluru: Prove, the modern platform for phone-centric identity authentication, announced today the acquisition of MEDICI Global, the leading insights and advisory platform for the global fintech industry. With this transaction, Prove substantially...
by AIP Online Bureau | Mar 24, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
LONDON: Britain launched a public consultation on Wednesday on a proposal to require big companies to disclose the risks they face from climate change as soon as 2022, which would make it the first major economy to make such disclosures mandatory.The business ministry...
by AIP Online Bureau | Mar 24, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic, Risk Management
NEW YORK/SINGAPORE: Anti-lockdown demonstrations in Germany, "Black Lives Matter" protests in the US or arson attacks on cell phone towers in the UK: Damages, disturbances and, ultimately, losses from riots, protests, vandalism or other forms of civil...
by AIP Online Bureau | Mar 24, 2021 | Eco/Invest/Demography, Health, International News, Pandemic
New Delhi: India delays big exports of AstraZeneca shot, including to COVAX, as infections surgeIndia has put a temporary hold on all major exports of the AstraZeneca coronavirus shot made by the Serum Institute of India (SII), the world's biggest...
by AIP Online Bureau | Mar 24, 2021 | Uncategorized
New Delhi: ICICI Bank customers can break their high value transactions of over Rs 50,000 into suitable EMIs directly on its internet banking platform to make their purchases more affordable, the lender said on Wednesday. The facility is the first in the...
by AIP Online Bureau | Mar 24, 2021 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
New Delhi: The Centre has no plan to introduce four days a week or 40 working hours a week system for central government offices, Parliament was informed on Wednesday. "Presently, there is no such proposal to introduce four days a week or 40 hours a week for...
by AIP Online Bureau | Mar 24, 2021 | Eco/Invest/Demography, Indian News, Life, Policy
New Delhi: The Rajya Sabha on Wednesday returned the Finance Bill 2021 without any new amendment, completing the Parliamentary approval for Budget 2021-22. The Upper House debated the amended Finance Bill 2021 that was approved by the Lok Sabha on Tuesday. Parliament...
by AIP Online Bureau | Mar 24, 2021 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
New Delhi: India's competition watchdog on Wednesday ordered a probe into a privacy policy update announced by Facebook-owned WhatsApp, saying the messaging service breached antitrust laws. WhatsApp said in January it was updating its privacy policy to allow it to...
by AIP Online Bureau | Mar 24, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Pension & Social Security, Workplace/Employee Benefits
India is still not out of the woods as far as unemployment is concerned after a year when the lockdown was imposed to contain the spread of deadly COVID-19 on March 25 last year as pandemic-induced job loss has not tapered off consistently. The government had...
