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Coronavirus vaccine hope dampens prospects for corporate stay-at-home darlings

by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Facts, Health, Risk Management

The surge in shares of Netflix , Zoom and other of this year's stay-at-home corporate winners has been brought to a sudden halt by promising vaccine data suggesting a possible way out of the COVID-19 pandemic.The jury was still out on Tuesday, however, as to...

Delhi-NCR air quality hits ’emergency’ levels after city records AQI of 476

by AIP Online Bureau | Nov 10, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News

New Delhi: A grey apocalyptic smog enveloped Delhi on Tuesday, blotting out the sun from the sky and smudging landmarks from view as the city's air quality hit "emergency" levels. Delhi recorded a 24-hour average air quality index (AQI) of 476, which...

After easing of WFH rules, India Inc continues to innovate ahead

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, Facts, Technology, Workplace/Employee Benefits

New Delhi: In view of the governments recent initiative to make Work From Home (WFH) and Work From Anywhere (WFA) permanent features for the IT/ITeS/BPO sectors, companies will have to gear up for this new normal to implement it as a long term strategy. Building a...

 Crypto crime slows in 2020, but ‘DeFi’ hacks rise: CipherTrace report

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

NEW YORK Losses from cryptocurrency thefts, hacks, and fraud declined to $1.8 billion for the first 10 months of the year compared with last year, but crime in the hot "decentralized finance" sector rose, according to a report from crypto intelligence...

French Court rules against Covéa and CEO Derez in unsolicited takeover bid for SCOR

by AIP Online Bureau | Nov 10, 2020 | International News, Reinsurance

  Paris: In a judgment rendered on November 10, 2020, the Paris Commercial Court ruled that Covéa chairman and chief executive Thierry Derez Thierry Derez committed a serious breach of his legal and fiduciary duties and obligations as a director of SCOR in...

Digital distribution capabilities ‘Critical’ to securing SME Business, says Markel 

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, International News

  LONDON:  Richie Whitt, Co-Chief Executive Officer, Markel Corporation said that investing in digital capabilities would be “critical” to re/insurers, particularly when trying to secure small to medium-sized enterprise business. “I am not...

Much at stake as Supreme Court weighs future of ‘Obamacare’

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, Health, International News, Policy, Regulation

Washington: When the Supreme Court weighs the fate of Obamacare, arguments will revolve around arcane points of law like severability whether the justices can surgically snip out part of the law and leave the rest. But what's at stake has real-world consequences...

Still no clarity from UK to assess financial market access, says EU

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Reinsurance

LONDON: The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels can decide on UK financial market access, a spokesman for the EU executive body said on Tuesday.Daniel Ferrie, the Commission’s...

Britain hardens climate disclosures for listed companies

by AIP Online Bureau | Nov 10, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

  London: Companies listed on the London Stock Exchange will have to improve disclosures on the risks they are facing from climate change from January, Britain’s financial watchdog said on MondayNikhil Rathi, chief executive of the Financial Conduct...

FM Sitharaman asks banks to ensure all accounts are linked with Aadhaar by March next year

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, Indian News

New Delhi: Finance Minister Nirmala Sitharaman on November 10 asked banks to ensure that all accounts are linked with Aadhaar numbers of respective customers by March 31, 2021. She said the financial inclusion story is not over and banks still have inclusion to carry...
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