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Sitharaman’s ‘Economic Vaccine’ coming on Monday; Will Budget 2021-22 go beyond ‘bahi-khata’?

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on...

India to come out of COVID-19 pandemic as one of the global winners: Danish envoy

by AIP Online Bureau | Jan 31, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

New Delhi: Denmark on Sunday said India is going to come out of the coronavirus pandemic as one of the ''global winners'', and it was looking forward to majorly expand bilateral cooperation in areas of clean energy, water and food processing under a...

  IRDAI chief cautions India Inc on Cyber Risks, 14 general insurers issue 38,000 individual cyber covers

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

, Mumbai: Despite cyber risks looming large in the Indian economy, only 14 Indian general insurers have issued 38,000 individual cyber covers,said Subhash Chandra Khuntia, chairman, IRDAI Khuntia was addressing “ The Global Cyber Insurance Summit...

Empty halls, cancelled shots: France’s COVID vaccine rollout falters

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Risk Management

RIBECOURT-LA-TOUR, France: Renaud Georges was days from receiving his first coronavirus vaccine shot, an injection he hoped would allow him to hug his grandchildren for the first time in months. Then he received a text message informing him the appointment was...

Cryptocurrency crime drops in 2020 but decentralized finance breaches rise:Study

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, International News, Non-Life, Technology

  NEW YORK: Losses from cryptocurrency theft, hacks, and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems, but crime in the ‘decentralized finance’ space continued to grow, a report from crypto intelligence...

Suspected Russian hackers gained edge through tech firm attacks

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cyber-security firms entrusted to find malicious activity in their...

Insutech Trov to launch cover for fully electric London-based fleet

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  London: Trov, a global leader in insurance technology, today announced that UFODRIVE, a frontrunner in sustainable car rental, have selected Trov's Mobility Insurance Platform for their fleet of fully electric vehicles. The company will benefit from both of...

COVID-19: India records 13,052 new cases, 127 fatalities

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: With 13,052 new coronavirus cases, India's COVID-19 tally has climbed to 1,07,46,183, while the number of people who have recuperated from the disease has surged to 1,04,23,125, according to the Union Health Ministry data updated on Sunday. The national...

COVID-19: Scientists develop new tool that may help decontaminate viruses in aerosols

by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Risk Management

Scientists have engineered a new tool that exposes aerosolized virus particles to microwaves in a controlled manner, an advance that may lead to the development of novel methods to reduce the spread of the coronavirus. Over the course of the COVID-19 pandemic, studies...
IRDAI rejects insurance brokers’ demand for life time licenses

IRDAI rejects insurance brokers’ demand for life time licenses

by AIP Online Bureau | Jan 30, 2021 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation, Reinsurance, Risk Management

Subhash Chandra Khuntia, chairman,IRDAI  “One of the demands of the brokers was to have their licenses in  perpetuity. We can’t accept it.he current system, where each broker has to renew his license in every three years, is perfectly fine. Even,in some...
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