by AIP Online Bureau | Jan 14, 2021 | International News, Non-Life, Risk Management, Technology
Toyota Motor Corp settled a lengthy Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, the government said on Thursday. Reuters first reported the expected settlement, which resolves the violations of...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology
MUMBAI: Alphabet Inc’s Google has removed some lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday.“We have reviewed hundreds of personal loan apps in India, based on flags...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
MOHALI, India: Dozens of Reliance Industries’ retail stores and a giant Walmart outlet face revenue losses of millions of dollars after being forced to shut for more than three months over protests against India’s new farm laws, sources said. Thousands of...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, Indian News
London: Willis Towers Watson, the global advisory, broking and solutions company, announced the addition of Shanghai to its global property and casualty hub, aimed at enhancing the company’s global placement model for clients. The Global Markets P&C Hub...
by AIP Online Bureau | Jan 14, 2021 | International News, Reinsurance
London: Lloyd’s today announced that it has received regulatory approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to set up a new multi Insurance Special Purpose Vehicle (mISPV). The approval is a key...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Tesla CEO Elon Musk has confirmed the company's plans to enter the Indian market, within days of the electric vehicle maker registering its arm in the country. ''As promised,'' Musk tweeted in response to a thread linked to a blog...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, Facts, Health, Pension & Social Security
Around 64 per cent of seniors, aged 50 and above, want to continue working post-retirement for financial independence, mental peace, and to maintain a healthy lifestyle, according to a survey. Antara, a wholly-owned subsidiary of Max India Ltd, has surveyed to...
by AIP Online Bureau | Jan 14, 2021 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Thiruvananthapuram: Already ravaged by OckhiCyclone and two consecutive floods during the previous years,Kerala has suffered a revenue loss of Rs 1.56 lakh crore dueto the COVID-19 pandemic and subsequent lockdown, state Finance Minister T M Thomas Isaac said...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, Health, International News, Pandemic, Technology
Tech giants including Microsoft Corp, Oracle Corp and healthcare companies Cigna Corp and Mayo Clinic are part of a coalition pushing for digital records of people who get vaccinated against COVID-19. The project, called Vaccination Credential Initiative, aims to help...
by AIP Online Bureau | Jan 14, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Paris: Even as global reinsurers are facing a multi-faceted and fast-evolving cyber threat that requires ever greater modeling and analytics capabilities,French reinsurera SCOR has developed a cyber risk management tool through an innovative...
