by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, Indian News, Technology
Mumbai, Dec 9: The Real Time Gross Settlement System (RTGS) for high-value transactions will be available round-the-clock on all days from 00:30 hours of December 14, making India one of the few countries to operate the system 24×7. In October, the RBI had...
by AIP Online Bureau | Dec 9, 2020 | Health, International News, Life, Non-Life, Reinsurance
Munich: With its Group Ambition 2025, Munich Re has specified a series of bold targets for the next five years. Munich Re is targeting a combined ratio of approx. 95% each year through 2025 in property-casualty reinsurance. The Group will retain and bolster its...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
The number of cyber attacks worldwide has tripled over the last decade and financial services continue to be the most targeted industry, according to International Monetary Fund (IMF). "Cyber security has clearly become a threat to financial stability,"...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
Dec.09: FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that is has been hacked, possibly by a government, leading to the theft of an arsenal of internal hacking tools typically reserved to privately test the cyber...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London,Dec 09: Willis Re in its latest report has said capital-raising by the reinsurers has picked up again and an estimated $6b raised thus far in Q4. This takes our YTD tally to $19b, with a further $3b being contemplated and/or in progress....
by AIP Online Bureau | Dec 9, 2020 | Uncategorized
Baltimore,December 09: The world coronavirus caseload has breached the 68 million cases mark and fatalities from the pathogen surge beyond the 1.55 million deaths worldwide, as per the latest updates by Johns Hopkins University (JHU). As of Wednesday at 7:56 am...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, Health, Indian News
Mumbai:Dec 09 Indian shares touched a frsh record high on Wednesday, driven by gains in heavyweight Reliance Industries, as hopes for vaccine approvals in the second worst coronavirus-hit country boosted investor sentiment. The benchmark S&P BSE Sensex...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
New Delhi,Dec 09: Results of an interim analysis of the Phase III programme conducted by Oxford University with AZD1222, peer-reviewed and published in The Lancet on Wednesday demonstrated that the vaccine is safe and effective at preventing symptomatic COVID-19 and...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management
The new Covid-19 vaccines from Pfizer and Moderna seem to be remarkably good at preventing serious illness. But it’s unclear how well they will curb the spread of the coronavirus. That’s because the Pfizer and Moderna trials tracked only how many...
by AIP Online Bureau | Dec 9, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
LONDON; There aren't many contexts where US$2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout from Covid-19 has left insurers issuing existential warnings and businesses discovering they weren't covered. It's...
