by AIP Online Bureau | Mar 2, 2021 | Indian News, Risk Management, Technology
New Delhi: Several credit card users of the State Bank of India (SBI), the largest bank in the country and Mumbai based Ratnakar Bank Ltd(RBL)have been targeted with a phishing scam where hackers have flooded them with suspicious text messages, requesting...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, Indian News
New Delhi: Union Power Minister R K Singh on Tuesday said that Mumbai power outage of October 2020 was caused by "human error" and there is no evidence to prove that it was trigged due to a cyber attack by China. Speaking to ANI, Singh said, "Two...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, International News
Zurich, Mar 02: Swiss Re has entered into a strategic partnership with ICEYE, the largest commercial synthetic-aperture radar (SAR) satellite operator and flood monitoring provider. Building on ICEYE’s innovative technology, the partnership...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Munich, March 02: Munich Re, on Tuesday, has announced partnership with Google Cloud and Allianz Global Corporate & Specialty (AGCS) for focusing on providing cloud specific cover for organisations. Munich Re and AGCS have developed the Cloud...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: The UK Supreme Court dismissed appeals by insurers that said business interruption insurance claims were not valid in a test case brought by Britain’s markets watchdog on behalf of policyholders. The Financial Conduct Authority (FCA) said the case...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
LONDON: The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on Tuesday. Financial services are not...
by AIP Online Bureau | Mar 2, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the power-hungry practice. The autonomous region, a favourite...
by AIP Online Bureau | Mar 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
Hyderabad: The insurance regulator IRDAI,on Monday, has asked all the general and health insurers to provide certain minimum information to their policy holders,as part of policy servicing, by 1st June 2021 In order to ensure flow...
by AIP Online Bureau | Mar 1, 2021 | Eco/Invest/Demography, Facts
A third effective weapon was added to America’s arsenal against the coronavirus Saturday when the Food and Drug Administration granted emergency use authorization for a vaccine developed by Johnson & Johnson. The company said it would start shipping...
by AIP Online Bureau | Mar 1, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Technology
Washington: In order to accurately identify patients with a mix of psychotic and depressive symptoms, researchers from the University of Birmingham recently developed a way of using machine learning to do so. The findings of the research were published in the...