by AIP Online Bureau | Feb 5, 2021 | Eco/Invest/Demography, International News, Technology
IRVINE, Calif. & GREENWICH, Conn: Two private equity firms- Stone Point Capital and Insight Partners- have deviced to buy out CoreLogic,a leading global property information, analytics and data-enabled solutions provider, for about $6 billion ....
by AIP Online Bureau | Feb 5, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
SAO PAULO: A nuclear power subsidiary of Brazil's Eletrobras suffered a cyberattack but no operations were impacted, the state-controlled power holding company said in a filing late on Wednesday. The network that was attacked by ransomware is not related to...
by AIP Online Bureau | Feb 5, 2021 | Eco/Invest/Demography, International News, Life, Non-Life
Total insurance industry M&A deals in Q4 2020 worth $4.57bn were announced in the US, according to GlobalData’s deals database. The value marked a decrease of 5.2% over the previous quarter and a drop of 5.6% when compared with the last four-quarter...
by AIP Online Bureau | Feb 5, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
New Delhi: Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of...
by AIP Online Bureau | Feb 5, 2021 | Health, International News, Non-Life, Pandemic, Risk Management, Technology
Unequal allocation of vaccines could cost the world economy $9.2 trnThe global economy’s recovery risks being dampened or even derailed by the lag in coronavirus vaccinations for poorer nations relative to their wealthier peers. Bloomberg’s Vaccine...
by AIP Online Bureau | Feb 5, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Mumbai: As a matter of financial consumer protection, the Reserve Bank of India, on Friday has announced ‘One Nation One Ombudsman’ approach for grievance redressal by merging three Ombudsman schemes- Banking Ombudsman Scheme,...
by AIP Online Bureau | Feb 5, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy
MUMBAI: The Reserve Bank of India kept rates steady at record low levels as expected on Friday and said it would maintain support for the economy’s recovery from the pandemic by ensuring ample liquidity for markets to absorb a massive government borrowing...
by AIP Online Bureau | Feb 5, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
NEW DELHI: Pfizer Inc has withdrawn an application for emergency-use authorization of its COVID-19 vaccine in India that it has developed with Germany’s BioNTech, the company told Reuters on Friday. The U.S. company, which was the first drugmaker to apply for...
by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Health, International News, Risk Management
Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus US states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a person familiar with the matter. The...
by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Chicago: There was a total of $ 11 billion of property cat bond limit placed, the highest on record in 2020 in comprasion with $ 5.4 billion placed in 2019. This represents a 104% increase year on year, exceeding annual maturities of $9 billion, according to a...
